How often does TQQQ pay dividends?
TQQQ Dividend Information
ProShares UltraPro QQQ had a return of 13.93% year-to-date (YTD) and 135.53% in the last 12 months. Over the past 10 years, ProShares UltraPro QQQ had an annualized return of 35.70%, outperforming the S&P 500 benchmark which had an annualized return of 10.59%.
Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments. NA (TQQQ) has 7 splits in our TQQQ split history database. The first split for TQQQ took place on February 25, 2011.
| TQQQ Fees (% of AUM) | Category Return High | |
|---|---|---|
| Expense Ratio | 0.98% | 8.96% |
| Management Fee | 0.75% | 0.95% |
| 12b-1 Fee | N/A | 1.00% |
| Administrative Fee | N/A | 0.25% |
Investors should note that TQQQ's leverage resets on a daily basis, which results in compounding of returns when held for multiple periods.
TQQQ Dividend Information
TQQQ has a dividend yield of 1.11% and paid $0.64 per share in the past year. The dividend is paid every six months and the last ex-dividend date was Dec 20, 2023.
The TQQQ is a 3x leveraged ETF based on the QQQ (a Nasdaq-100 Index ETF). Because it is leveraged, it uses derivatives contracts to amplify its returns based on how the index performs. As such, it does not actually hold the shares of any companies.
| Fund/Manager Name | % of Portf. | Net Ownership |
|---|---|---|
| Jane Street Group Jane Street Group | 0.12% | 2023-12-31 |
| Cantor Fitzgerald L P | 7.48% | 2023-12-31 |
| Paragon Advisors LLC | 13.48% | 2023-12-31 |
| Prosperity Wealth Management Inc | 19.21% | 2023-12-31 |
ProShares UltraPro QQQ (TQQQ)
Due to the daily reset feature, holding the fund for longer than a single day will result in compounding of returns and results that are likely to significantly differ from the target return.
If qqq is down 33 percent then tqqq goes to zero. In 2000-2003 qqq was down 75% which almost guarantees tqqq going to zero. That's not how it works. TQQQ leverage resets daily, so a 33% drop in QQQ over say the span of a month does not mean TQQQ goes to zero.
What are the risks of investing in TQQQ?
- Market risk: Leverage funds like TQQQ can see extreme swings in prices, which makes this ETF too risky for investors who have a low tolerance for volatility.
- Expenses: Most ETFs have expense ratios below 0.20%, whereas the expenses for TQQQ are 0.95%, or $95 for every $10,000 invested.
TQQQ ETF: Benefits of Investing
Investing in the TQQQ ETF can be beneficial for those looking to amplify their returns over a short period, owing to the 3x daily leverage it provides. It can also be a suitable choice for investors who have a bullish outlook on the tech-heavy NASDAQ-100 Index.
TQQQ's triple leverage can significantly magnify losses. As a result, it is a highly volatile investment and is generally considered unsuitable for long-term investing. It's a high-risk, high-reward option that requires careful consideration.
Re: Investing 100% into TQQQ
Don't hold it long term for anything more than your “play money”, which for those that even allow for “play money” in their IPS is no more than 5%. The biggest risk is a sideways choppy market. You will get killed from the volatility in that environment.
QQQ usually declines more in bear markets, has high sector risk, often appears overvalued, and holds no small-cap stocks.
TQQQ Holdings Information
TQQQ has a total of 119 holdings.
| Company | Symbol | Total Net Assets |
|---|---|---|
| Microsoft Corp. | MSFT | 3.43% |
| Apple Inc. | AAPL | 3.33% |
| Amazon.com Inc. | AMZN | 1.86% |
| NVIDIA Corp. | NVDA | 1.77% |
| No. | Symbol | Name |
|---|---|---|
| 4 | B 0 08.08.24 | United States Treasury Bills 0% |
| 5 | MSFT | Microsoft Corporation |
| 6 | n/a | Nasdaq 100 Index Swap |
| 7 | AAPL | Apple Inc |
QQQ appears to be the single best long-term investment option for investors seeking total returns due to its ability to expose holders to top U.S. companies on an ongoing basis. The Nasdaq 100 has consistently outperformed the S&P 500 in terms of total returns, making it a favorable choice for long-term investors.
| ETF (ticker) | Leverage Factor |
|---|---|
| ProShares UltraPro QQQ (TQQQ) | 3x |
| Direxion Daily Semiconductor Bull 3X Shares (SOXL) | 3x |
| ProShares Ultra S&P 500 (SSO) | 2x |
| Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) | 3x |
What was the return of TQQQ in the last 10 years?
Based on the latest financial disclosure, ProShares UltraPro QQQ has a Ten Year Return of 36.8%.
QQQ - Performance Comparison. In the year-to-date period, TQQQ achieves a 13.93% return, which is significantly higher than QQQ's 5.96% return. Over the past 10 years, TQQQ has outperformed QQQ with an annualized return of 35.85%, while QQQ has yielded a comparatively lower 18.03% annualized return.
TQQQ - Performance Comparison. In the year-to-date period, QQQ achieves a 5.96% return, which is significantly lower than TQQQ's 13.93% return. Over the past 10 years, QQQ has underperformed TQQQ with an annualized return of 17.98%, while TQQQ has yielded a comparatively higher 35.70% annualized return.
ProShares UltraPro QQQ (TQQQ) is a passively managed Miscellaneous Trading--Leveraged Equity exchange-traded fund (ETF). ProShares launched the ETF in 2010.
Yes. The QQQ, like other ETFs, resembles shares of stock in many ways. If your broker can locate QQQ shares for you to borrow, you can sell them short. Whether shorting a long ETF or going long, an inverse ETF is better is often up to the trader.
