QQUP

ProShares Trust ProShares Ultra QQQ Mega

$58.81

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

QQUP seeks to provide 2x the daily performance of the Nasdaq-100 Index, which tracks the 100 largest non-financial companies listed on the Nasdaq stock exchange.

Overview

ETF tracking ProShares Trust ProShares Ultra QQQ Mega

Category Leveraged

Issuer ProShares

Inception Date 2025-06-12

Market Cap $35.3M

Average Volume N/A

Dividend Yield 0.12%

52-Week Range $38.91 - $65.16

VWAP $57.52

Performance

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Price Chart

Investment Summary

📎 Investment Objective

QQUP seeks to provide 2x the daily performance of the Nasdaq-100 Index, which tracks the 100 largest non-financial companies listed on the Nasdaq stock exchange.

🎯 Investment Strategy

QQUP uses derivatives and leverage to amplify the daily returns of the Nasdaq-100 Index. It does not aim to achieve 2x the performance over longer time periods.

✨ Key Features

Provides 2x the daily performance of the Nasdaq-100 Index
Uses derivatives and leverage to achieve its objective
Resets daily, so long-term returns may differ from 2x the index
Very small asset size of $0 as of latest reporting

⚠️ Primary Risks

Significant daily volatility and risk of losses due to leverage
Potential for divergence from 2x the Nasdaq-100 Index over time
Counterparty risk from use of derivatives
Low trading volume and liquidity concerns

👤 Best For

QQUP is a highly speculative and risky investment suitable only for experienced traders with a very high risk tolerance and short investment horizon. It is not recommended for long-term buy-and-hold investors.