HS Tech big tracking error of Lion OCBC HSTech ETF
#1

It is off by 1+% today which is massive normally the error is less that 0.1%

There is exchange rate adjustment but the SGD didn't move that much against USD

The green chart is HStech index which rose 3.5% today.....the etf is moved up knling 2.2%

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

The USD fell 0.6%...which does not account fully for the error.

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

Could also be due to expenses being deducted today or effect of CD/XD in component stocks. I don't hold this garbage but short-term discrepancies are quite common actually in the two other ETFs I hold.
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#4

(13-07-2023, 11:32 AM)starbugs Wrote:  Could also be due to expenses being deducted today or effect of CD/XD in component stocks. I don't hold this garbage but short-term discrepancies are quite common actually in the two other ETFs I hold.

Very low expenses ...and hardly any dividends

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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