MattyKeiichi
06-16 17:34
$ProShares UltraPro QQQ(TQQQ)$  


What is TQQQ?

ProShares UltraPro QQQ (TQQQ) is a US-listed 3x leveraged exchange-traded fund (ETF) that seeks to deliver three times (3x) the daily performance of the Nasdaq-100 Index (NDX) — which tracks the 100 largest non-financial companies listed on the Nasdaq, including Apple, Microsoft, Nvidia, Amazon, and Meta.

• Issuer: ProShares

• Underlying index: Nasdaq-100 (NDX)

• Leverage: 3x daily reset

• Exchange: NASDAQ (US)

• Expense ratio: ~0.88% p.a.

Good for short term trades and it mainly uses financial derivatives to achieve 3x exposure!! $ProShares UltraPro QQQ(TQQQ)$ [Cool]  [Happy]  

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Comments

  • fishhhh
    13:02
    fishhhh
    Good for trades yeah, but that daily reset can chew you up fast lol
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