ProShares UltraPro QQQ

TQQQ

Market cap $30.9B

Gunjan Banerji, WSJ lead writer, joins 'Power Lunch' to discuss the state of retail stock trading.

TQQQ delivers a much higher 1-year return but comes with significantly deeper drawdowns and increased volatility. SSO offers lower fees and tracks the broader S&P 500, while TQQQ is concentrated in tech-heavy Nasdaq-100 names.

Bitcoin prices rode a wave of liquidity to a record high in October. But lately, the tide has been going out.

TQQQ is the cleanest, most liquid 3x Nasdaq-100 ETF, with tight spreads and a reasonable 0.82% yearly fee. TQQQ has outperformed QQQ and peers over the past 15 years, driven by a secular tech bull market and recently AI. This made me rethink my approach to leveraged investing. For short-term AI rebound trades, I still favor SOXL over TQQQ; semiconductors capture the most upside if an AI hype cycle is to reignite. Long term, I am considering TQQQ.

ProShares UltraPro QQQ and Direxion Daily Semiconductor Bull 3X Shares both aim to deliver three times the daily return of their respective underlying indexes. TQQQ offers broader tech diversification and a longer track record.

SPXL and TQQQ aim to triple the daily returns of the S&P 500 and Nasdaq-100, respectively. Both funds have high volatility and are designed for short-term trading rather than long-term holding.

BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 22 of its ETFs.

ProShares - UltraPro QQQ (TQQQ) and Direxion Daily S&P 500 Bull 3X Shares (SPXL) both deliver 3x daily leverage. However, they differ sharply on tech sector exposure, historical risk, and assets under management.

The ETF industry has proliferated in recent years. Each year brings more and more launches and AUM to issuers and asset managers offering a growing set of products.

Added 31,361 shares in TQQQ, estimated at ~$2.86 million based on the quarterly average price Post-trade stake: 682,781 shares valued at $70.60 million TQQQ is now 16.7% of fund AUM, the fund's 2nd-largest holding