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ETFs

ProShares UltraPro QQQ

TQQQ
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 09 2010
Expense Ratio
0.86%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$3,460,839,081
AUM
$16,056,070,130
Associated Index
Nasdaq 100 Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
16.67%
n/a
TREASURY BILL
6.22%
AAPL
Apple Inc
4.86%
MSFT
Microsoft Corporation
4.19%
n/a
TREASURY BILL
3.11%
n/a
TREASURY BILL
3.03%
AMZN
Amazon.com Inc.
2.37%
n/a
TREASURY BILL
2.15%
n/a
TREASURY BILL
2.15%
NVDA
NVIDIA Corp
1.83%
Invest with TQQQ

What is TQQQ?

ProShares UltraPro QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index .

ETFs related toTQQQ

ETFs correlated to TQQQ include QLD, QQQ, QQQM

TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toTQQQ

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with TQQQ using Composer

FAQ

TQQQ is a US Equities ETF. ProShares UltraPro QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index .

TQQQ tracks the Nasdaq 100 Index.

No, TQQQ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, TQQQ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TQQQ is -0.0251%. This is the percent change in the value of TQQQ over the most recent 1-month period. The 3-month return on TQQQ is -0.0316%. This is the percent change in the value of TQQQ over the most recent 3-month period.

The standard deviation of TQQQ for the past year is 0.6833%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TQQQ include QCLR, NJAN, and NAPR.

ETFs correlated to TQQQ include QLD, QQQ, and QQQM.

ETFs that are inversely correlated to TQQQ include SQQQ, QID, and PSQ.

Yes, TQQQ is a Leveraged (3x) ETF: This means that TQQQ will try to match the performance of Nasdaq 100 Index, but with 3x the returns.

Yes, TQQQ is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Nasdaq 100 Index, but move 3x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.