TQQQ
ProShares UltraPro QQQ

Price: $170.83
Change: $9.99 (0.06%)
Category: Leveraged Equities
Last Updated:

Vitals

Issuer ProShares
Brand ProShares
Structure ETF
Expense Ratio 0.95%
ETF Home Page Home page
Inception Feb 09, 2010
Index Tracked NASDAQ-100 Index (300%)

Analyst Report

This ETF offers 3x daily long leverage to the NASDAQ-100 Index, making it a powerful tool for investors with a bullish short-term outlook for nonfinancial equities. Investors should note that TQQQ’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. TQQQ can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

ETF Database Themes

Leveraged 3x
Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Growth
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

  • Segment Leveraged Equity: U.S. - Large Cap
  • Category Size and Style
  • Focus Large Cap
  • Niche Broad-based
  • Strategy Exchange-specific
  • Weighting Scheme Tiered

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $75.03
  • 52 Week Hi $183.36
  • AUM $18,942.9 M
  • Shares 112.4 M

Historical Trading Data

  • 1 Month Avg. Volume 37,963,232
  • 3 Month Avg. Volume 36,633,880

Alternative ETFs in the ETF Database Leveraged Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPUU 0.64% $59.4 M 16,691 53.87%
Largest (AUM) QLD 0.95% $6.1 B 3 M 56.88%
Most Liquid (Volume) SQQQ 0.95% $1.7 B 109 M -60.14%
Top YTD Performer NRGU 0.95% $578.4 M 406,242 158.74%

Alternative ETFs in the FactSet Leveraged Equity: U.S. - Large Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FEDL 0.00% $28.4 M N/A N/A
Largest (AUM) QLD 0.95% $6.1 B 3 M 56.88%
Most Liquid (Volume) SPXL 1.01% $3.3 B 7 M 86.16%
Top YTD Performer HIBL 0.98% $103.1 M 92,526 128.79%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

TQQQ ETF Database Category Average FactSet Segment Average
Number of Holdings 106 93 108
% of Assets in Top 10 62.46% 75.59% 59.26%
% of Assets in Top 15 70.96% 78.72% 63.86%
% of Assets in Top 50 90.50% 85.98% 76.68%

Size Comparison

TQQQ ETF Database Category Average FactSet Segment Average
Large (>12.9B) 92.04% 33.55% 50.51%
Mid (>2.7B) 7.96% 12.61% 3.34%
Small (>600M) 0.00% 4.86% 0.00%
Micro (<600M) 0.00% 1.89% 0.00%

TQQQ Valuation

This section compares the P/E ratio of this ETF to its peers.

TQQQ
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
6.17
FactSet Segment Average
P/E Ratio
11.80

TQQQ Dividend

This section compares the dividend yield of this ETF to its peers.

TQQQ ETF Database Category Average FactSet Segment Average
Dividend $ 0.03 $ 0.08 $ 0.05
Dividend Date 2019-12-24 N/A N/A
Annual Dividend Rate N/A $ 0.14 $ 0.53
Annual Dividend Yield N/A 0.21% 0.47%

TQQQ Price and Volume Charts

View charts featuring TQQQ price and volume data.

TQQQ Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -92.93 M 1 Month Net Flows: -1.6 B 3 Month Net Flows: 1.6 B 6 Month Net Flows: -550.08 M 1 Year Net Flows: 8.28 B 3 Year Net Flows: 12.22 B 5 Year Net Flows: 14.22 B 10 Year Net Flows: 13.96 B

TQQQ Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for TQQQ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A n/a
Expenses C+ n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

TQQQ Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

TQQQ
Expense Ratio
0.95%
ETF Database Category Average
Expense Ratio
1.04%
FactSet Segment Average
Expense Ratio
0.89%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

TQQQ does not have an ESG score. There are no ESG themes that map to this ETF.

TQQQ Performance

This section shows how this ETF has performed relative to its peers.

TQQQ ETF Database
Category Average
Factset Segment
Average
1 Month Return 11.73% -1.55% 2.09%
3 Month Return 17.73% -2.08% 6.43%
YTD Return 87.93% 10.52% 53.40%
1 Year Return 117.33% 15.86% 64.63%
3 Year Return 583.16% 36.23% 137.94%
5 Year Return 1517.86% 73.80% 320.08%

Geographic Exposure

The following charts reflect the geographic spread of TQQQ's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of TQQQ's underlying holdings.

TQQQ Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
685.13%
Rank
4 of 138

20 Day Volatility
44.29%
Rank
64 of 138

50 Day Volatility
47.86%
Rank
60 of 138

200 Day Volatility
39.80%
Rank
69 of 137

Beta
3.35
Rank
25 of 138

Standard Deviation
25.22%
Rank
7 of 125

Technicals

  • 20 Day MA $166.85
  • 60 Day MA $147.85
  • MACD 15 Period 3.01
  • MACD 100 Period 27.77
  • Williams % Range 10 Day 50.85
  • Williams % Range 20 Day 41.52
  • RSI 10 Day 58
  • RSI 20 Day 60
  • RSI 30 Day 60
  • Ultimate Oscillator 54

Bollinger Bands

  • Lower Bollinger (10 Day) $161.06
  • Upper Bollinger (10 Day) $177.82
  • Lower Bollinger (20 Day) $155.86
  • Upper Bollinger (20 Day) $177.45
  • Lower Bollinger (30 Day) $137.03
  • Upper Bollinger (30 Day) $182.11

Support & Resistance

  • Support Level 1 $166.72
  • Support Level 2 $162.61
  • Resistance Level 1 $173.55
  • Resistance Level 2 $176.27

Stochastic

  • Stochastic Oscillator %D (1 Day) 60.11
  • Stochastic Oscillator %D (5 Day) 39.89
  • Stochastic Oscillator %K (1 Day) 55.92
  • Stochastic Oscillator %K (5 Day) 47.70

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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