ProShares UltraPro QQQ (TQQQ) is a leveraged exchange-traded fund (ETF) that aims to deliver triple the daily returns of the Nasdaq-100 Index. This means that for each 1% movement in the Nasdaq-100 Index on a given day, TQQQ seeks to move approximately 3% in the same direction, before fees and expenses.
As of March 12, 2025, TQQQ is trading at $61.43 per share. The day’s trading range has seen a high of $62.70 and a low of $59.61. The fund’s expense ratio is 0.97%.
It’s important to note that TQQQ is designed for short-term trading strategies and is not typically recommended for long-term investments. The use of leverage can lead to significant gains, but also substantial losses, especially over periods longer than one day.