L louis144 Newbie Messages 3 Likes 0 Jun 25, 2016 #1 with the specifications of the etf NUGT I find "annual holdings turnover 633%": what does that mean?
L louis144 Newbie Messages 3 Likes 0 Jun 25, 2016 #2 I've found the answer on the internet: It is equal to the dollar transaction volume of the trades in one year. A highly active fund/etf has a high annual holdings turnover (like NUGT) Is this right?
I've found the answer on the internet: It is equal to the dollar transaction volume of the trades in one year. A highly active fund/etf has a high annual holdings turnover (like NUGT) Is this right?
L louis144 Newbie Messages 3 Likes 0 Jun 25, 2016 #3 more complete: It is equal to the dollar transaction volume of the trades in one year divided by the total portfolio size, expressed as a percentage.
more complete: It is equal to the dollar transaction volume of the trades in one year divided by the total portfolio size, expressed as a percentage.
