BBOZ - I know it tracks XJO futures, but how can this be...

  1. 519 Posts.
    BBOZ - I know it tracks XJO futures, but how can this be explained...?
    10-Mar: XJO hit 5940 high for the day, BBOZ (corresponding) low for the day was 11.64
    5-Jun: XJO low for the day was 5963, BBOZ (corresponding) high for the day was 8.87
    XJO similar level at these 2 times, but BBOZ has declined by almost 25%
 
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