TQQQ

ProShares UltraPro QQQ

$104.74

+0.00%

Market closed. Last update: 11:59 AM ET

📎 Investment Objective

TQQQ seeks to provide 3x the daily return of the Nasdaq-100 Index, a benchmark of the 100 largest non-financial companies listed on the Nasdaq stock exchange.

Overview

ETF tracking ProShares UltraPro QQQ

Category Leveraged

Issuer ProShares

Inception Date 2010-02-11

Market Cap $28.3B

Average Volume N/A

Dividend Yield 0.75%

52-Week Range $38.90 - $120.61

VWAP $103.90

Performance

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Price Chart

Investment Summary

📎 Investment Objective

TQQQ seeks to provide 3x the daily return of the Nasdaq-100 Index, a benchmark of the 100 largest non-financial companies listed on the Nasdaq stock exchange.

🎯 Investment Strategy

TQQQ uses derivatives and leverage to amplify the daily performance of the Nasdaq-100 Index. It does not aim to achieve its 3x target over periods longer than one day.

✨ Key Features

Provides 3x daily leveraged exposure to the Nasdaq-100 Index
Uses derivatives and leverage to magnify index returns
Resets leverage daily, so long-term returns may differ significantly from 3x the index
High expense ratio of 0.95% to cover costs of leverage

⚠️ Primary Risks

Significant risk of loss due to the effects of compounding and daily reset of leverage
Volatility drag can cause long-term returns to lag 3x the index performance
Counterparty risk from use of derivatives
Potential for large losses in short time periods

👤 Best For

TQQQ is a highly speculative investment suitable only for experienced, risk-tolerant investors with a very short investment horizon and ability to monitor positions daily. It is not appropriate for long-term buy-and-hold strategies.