ProShares UltraPro QQQ
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$78.81−0.80 (−1.00%)
- 0.97%
- $38.5B
- +65.2%
- 0.61%
- 60.4M sh
- $79.57
- low $37.32high $88.09
The ETF.net TQQQ Grade
B
Score 68 out of 100
- 7 of 31
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B55 out of 100Rank 13 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A83 out of 100Rank 2 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 7 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A97 out of 100Rank 1 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 1 of 31
Our read on TQQQ
BThe original 3x Nasdaq-100 fund, trading since 2010 and one of the busiest tickers in the leveraged aisle. It resets its exposure every single day, which makes it a short-horizon tool by design.
The fund seeks daily investment results, before fees and expenses, equal to three times the daily performance of the Nasdaq-100 Index.
Why people hold it
- One ticker, no margin account: the fund aims for three times the daily move of the Nasdaq-100, an index of 100 of the largest non-financial names listed on Nasdaq.proshares.com
- ProShares launched it in 2010 as the first ETF offering magnified 3x daily exposure to the Nasdaq-100, so there is a long record across several boom and bust cycles.proshares.com
- Among the most heavily traded funds in the leveraged category, which generally means tight spreads and easy entry and exit for a fast-moving strategy.
- At 0.97% a year, it prices below the typical leveraged-bull fund, and it stands among the strongest implementations in that peer group.
Worth knowing
- The 3x target applies to one day. Hold longer and returns can land well above or below three times the index, with choppy markets working against you.proshares.com
- Leverage runs both directions: a rough day for the Nasdaq-100 shows up roughly tripled in the fund.proshares.com
- The current 0.97% fee reflects a waiver running through September 30, 2026. Without that waiver, costs would be higher.proshares.com
TQQQ Holdings
- Stocks
- 116
- 66%
- Net Other Assets (Liabilities)
Sectors
- Technology60.3%
- Communication12.6%
- Consumer Discretionary10.1%
- Consumer Staples5.6%
- Industrials5.1%
- Health Care3.8%
- Utilities1.0%
- Materials0.9%
- Energy0.5%
- Financials0.2%
Geography
- United States97.73%
- United Kingdom0.80%
- Netherlands0.65%
- Canada0.52%
- Uruguay0.20%
- Ireland0.11%
TQQQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
TQQQ$16,524
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TQQQ |
|---|---|
| Year to date | +51.9% |
| 1 month | +12.4% |
| 3 months | +3.6% |
| 1 year | +65.2% |
| 3 years | +61.1% |
| 5 years | +21.5% |
| 10 years | +41.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TQQQ |
|---|---|---|
| 2026 YTD | +51.9% | |
| 2025 | +34.4% | |
| 2024 | +57.2% | |
| 2023 | +193.1% | |
| 2022 | −79.1% | |
| 2021 | +83.0% | |
| 2020 | +110.1% |
TQQQ in the news
TQQQ Dividends
- 0.61%
- $0.48
- $0.16 per share
- Quarterly
Distribution history
TQQQ Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 55.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.09
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −81.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 3.71
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TQQQ Cost
0.97%
TQQQ0.97%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
11 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
- ASOXLDirexion Daily Semiconductor Bull 3X ETFExpense ratio 0.91%1 year return +275.6%
- ATECLDirexion Daily Technology Bull 3X ETFExpense ratio 0.94%1 year return +108.8%
- BLABUDirexion Daily S&P Biotech Bull 3X SharesExpense ratio 0.96%1 year return +117.8%
- BDFENDirexion Daily Aerospace & Defense Bull 3X SharesExpense ratio 0.96%1 year return −22.0%
- BDRNDirexion Daily Real Estate Bull 3X ETFExpense ratio 0.98%1 year return +3.4%