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ProShares UltraPro QQQ ETF
TQQQ, also known as Proshares Ultrapro QQQ, is one of the largest leveraged ETFs that tracks the Nasdaq-100 index. TQQQ is typically used by day traders because it was built for short-holding periods. TQQQ’s objective is to deliver triple the daily returns of the Nasdaq 100 index. The top sectors of the index include Information Technology, Communication Services, Consumer Discretionary. Some of thefund'sholdings include technology companies such as Apple, Microsoft, Amazon, Tesla, NVIDIA and more.
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