What stocks are included in TQQQ?
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.
| Company | Symbol | Total Net Assets |
|---|---|---|
| Apple Inc. | AAPL | 3.33% |
| Amazon.com Inc. | AMZN | 1.86% |
| NVIDIA Corp. | NVDA | 1.77% |
| Broadcom Inc. | AVGO | 1.65% |
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 |
Buy and sell the ProShares UltraPro QQQ ETF (TQQQ) on eToro.
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.
TQQQ options can be a suitable tool for investors looking to potentially profit from the movements of TQQQ stock without actually owning it. The TQQQ option chain offers both put and call options, which give you the right to sell or buy TQQQ at a certain price.
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.
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.
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.
How many holdings are there in TQQQ?
TQQQ ETF FAQ
ETF TQQQ's is holdings 120 different assets. What are the total assets of ETF TQQQ? ETF TQQQ's total assets are 21.30B.
ProShares UltraPro QQQ (TQQQ) is a passively managed Miscellaneous Trading--Leveraged Equity exchange-traded fund (ETF). ProShares launched the ETF in 2010.
The maximum drawdown for the ProShares UltraPro QQQ was 81.66%, occurring on Dec 28, 2022. The portfolio has not yet recovered. The current ProShares UltraPro QQQ drawdown is 33.33%.
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.
Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices.
TQQQ is managed by ProShares, while VUG is managed by Vanguard.
ProShares UltraPro QQQ (TQQQ) is also an ETF that is simply a leveraged version of QQQ by 3X. Meaning that if QQQ is up 1%, TQQQ would theoretically be up 3%, and the same ratio would be applied if QQQ falls 1%. This is accomplished by utilizing derivatives and leveraging to provide the 3X return of QQQ.
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.
The best strategy for trading options in TQQQ will depend on the investor's goals, risk tolerance, and trading style. Some of the most common strategies for trading options in TQQQ include buying call options, buying put options, writing covered calls, and writing put options.
Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period.
What is the annual fee for TQQQ?
| 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 can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.
One explanation for this is the fact that TQQQ attempts to replicate 3x the return of QQQ for just one day. In other words, in long-term investing you have to take into account the compounding nature of daily returns in both directions, up or down.
QQQ usually declines more in bear markets, has high sector risk, often appears overvalued, and holds no small-cap stocks.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for TQQQ ETF to perform well in the short-term.
