QQXL

ProShares Ultra QQQ Top 30

$43.41

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

QQXL seeks to provide 2x the daily return of the Nasdaq-100 Index, a benchmark of the 100 largest non-financial companies listed on the Nasdaq Stock Market.

Overview

ETF tracking ProShares Ultra QQQ Top 30

Category Leveraged

Issuer ProShares

Inception Date 2025-08-15

Market Cap $8.2M

Average Volume N/A

Dividend Yield 0.01%

52-Week Range $37.56 - $47.34

VWAP $43.24

Performance

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Price Chart

Investment Summary

📎 Investment Objective

QQXL seeks to provide 2x the daily return of the Nasdaq-100 Index, a benchmark of the 100 largest non-financial companies listed on the Nasdaq Stock Market.

🎯 Investment Strategy

The fund uses derivatives and leverage to amplify the daily performance of the Nasdaq-100 Index. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily performance of the Nasdaq-100 Index
Uses derivatives and leverage to achieve its objective
Resets exposure daily, so longer-term returns may differ from the target multiple
Has low assets under management and no performance history

⚠️ Primary Risks

Significant daily volatility and potential for losses that exceed the fund's target multiple
Risks associated with the use of derivatives and leverage, including counterparty risk
Potential for divergence between the fund's daily return and the target multiple over longer time periods
Lack of performance history and low assets under management

👤 Best For

QQXL is a highly speculative investment product that is only suitable for experienced, risk-tolerant investors with a very short-term investment horizon and a high risk appetite. It is not recommended for long-term or conservative investors.