Why is my S&P 500 tracker down so much more than the S&P 500?

[optimisticzoomer]

Thought it's meant to be on currency exchange rates, but there's no way the difference is this much

 

[CEO]

SPX 6900 > S&P 500.
I have spoken, make of that information what you will. Good luck to you, my favorite musician of all time, Kelpy motherfuckin' G.

 

[optimisticzoomer]

SPX 6900 > S&P 500.
I have spoken, make of that information what you will, my favorite musician of all time, Kelpy motherfuckin' G.

Still don't know what's going on here
I'm 1k down
Seems to be with UK trackers

 

[CEO]

Still don't know what's going on here
I'm 1k down
Seems to be with UK trackers

https://coinmarketcap.com/currencies/spx6900/

SPX 6900 is the future... Believe in something my nigga.
I'm out.

 

[Foreverbrad]

It’s because it’s GBP denominated and the GBP gained massively against the dollar (somehow).