MQQQ

Investment Managers Series Trust II Tradr 2X Long Innovation 100 Monthly ETF

$182.27
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The MQQQ ETF seeks to provide 2x the daily return of the Nasdaq-100 Index, which tracks the performance of 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market.

Overview

ETF tracking Investment Managers Series Trust II Tradr 2X Long Innovation 100 Monthly ETF

Category Innovation
Issuer Other
Inception Date 2024-09-03
Market Cap $65.1M
Average Volume N/A
Dividend Yield 0.00%
52-Week Range $90.00 - $199.66
VWAP $182.97

Performance

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Investment Summary

📎 Investment Objective

The MQQQ ETF seeks to provide 2x the daily return of the Nasdaq-100 Index, which tracks the performance of 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market.

🎯 Investment Strategy

The fund uses a leveraged strategy, aiming to amplify the daily returns of the Nasdaq-100 Index by a factor of 2. It achieves this exposure through the use of swap agreements and other derivative instruments.

✨ Key Features

  • Provides 2x daily leveraged exposure to the Nasdaq-100 Index
  • Resets leverage daily, so long-term returns may not match 2x the index
  • Relatively high expense ratio compared to non-leveraged index funds
  • Intended for short-term, tactical exposure, not long-term buy-and-hold

⚠️ Primary Risks

  • Amplified daily volatility and potential for outsized losses compared to the index
  • Compounding effect can lead to returns diverging from 2x the index over time
  • Counterparty risk associated with derivative instruments
  • Lack of long-term performance history

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors seeking short-term, speculative exposure to the technology and innovation sectors represented in the Nasdaq-100 Index. It is not recommended for long-term, buy-and-hold investors due to the compounding effects of daily rebalancing.