TQQ Stock: ProShares UltraPro QQQ Profile & Analysis (2026)
TQQ is a 3x leveraged exchange-traded fund designed to provide triple the daily performance of the technology-heavy Nasdaq-100 Index. — Updated May 2026 with current AUM, expense ratio, holdings, and performance data.
ProShares UltraPro QQQ (TQQ) is a high-octane financial instrument for aggressive traders seeking to amplify their exposure to the technology sector. By seeking 3x the daily investment results of the Nasdaq-100 Index, TQQ provides a way to capitalize on short-term bullish momentum in market leaders like Apple, Microsoft, and NVIDIA. However, it is critical to understand that TQQ is NOT for long-term holding. Because the fund resets its leverage daily, its performance over weeks or months can deviate wildly from three times the index return due to mathematical compounding.
Traders often use TQQ in tandem with other tactical tools, such as the SQQQ Stock Profile for bearish hedges or the SOXX Stock Profile to track semiconductor-specific trends. For a broader view of tech-heavy vehicles, investors should consult the list of ETFs focusing on the Nasdaq. Due to the high risk of compounding losses and volatility decay, this fund requires active monitoring and a sophisticated understanding of leveraged products.
Key Takeaways — TQQ Stock
TQQ targets 3x the daily returns of the Nasdaq-100, meaning a 1% rise in the index typically leads to a 3% rise in TQQ before fees.
The leverage resets every trading day. Over time, “volatility decay” can cause the ETF to lose value even if the index is flat.
This fund is intended for intraday or very short-term swing trades. Holding TQQ through high volatility can lead to permanent capital loss.
The fund’s performance is tied to the largest non-financial companies, predominantly in the software, hardware, and semiconductor sectors.
TQQ — Live Price Chart
Real-time chart from TradingView.
TQQ ETF Vitals & Key Statistics
Core data as of May 2026.
| Data Point | Value | Data Point | Value |
|---|---|---|---|
| Full Name | ProShares UltraPro QQQ | Ticker | TQQ |
| Issuer | ProShares | Asset Class | 3x Leveraged Long Nasdaq-100 |
| Index Tracked | Nasdaq-100 Index | Structure | ETF |
| Expense Ratio | 0.95% | AUM | ~$27.8B |
| Inception Date | February 11, 2010 | Exchange | NASDAQ |
| No. of Holdings | 101 | Dividend Yield | 0.04% |
| 52-Week High | $80.08 | 52-Week Low | $35.03 |
| Avg Daily Volume | 54.3 million shares | YTD Return | 28.5% |
| 1-Year Return | 64.0% | 5-Year Return | 38.45% |
| Category | Leveraged Technology | Dividend Frequency | Quarterly |
TQQ Top 10 Holdings (May 2026)
Largest positions by weight. Click columns to sort.
| Rank | Ticker | Company Name | Sector | Weight % |
|---|---|---|---|---|
| 1 | AAPL | Apple Inc | Technology | 9.2% |
| 2 | MSFT | Microsoft Corp | Technology | 8.9% |
| 3 | NVDA | NVIDIA Corp | Semiconductors | 8.5% |
| 4 | AMZN | Amazon.com Inc | Consumer Discretionary | 5.8% |
| 5 | META | Meta Platforms Inc Class A | Technology | 4.9% |
| 6 | AVGO | Broadcom Inc | Semiconductors | 4.5% |
| 7 | TSLA | Tesla Inc | Consumer Discretionary | 3.8% |
| 8 | GOOGL | Alphabet Inc Class A | Technology | 2.3% |
| 9 | GOOG | Alphabet Inc Class C | Technology | 2.1% |
| 10 | COST | Costco Wholesale Corp | Consumer Staples | 2.0% |
TQQ — Pros & Cons
✓ Explosive Gains
In a strong uptrend, TQQ can deliver massive returns that far outpace standard ETFs like QQQ.
✗ Volatility Decay
Frequent price swings lead to “drag,” meaning the ETF can lose money even if the underlying index hasn’t moved.
✓ Extreme Liquidity
With tens of millions of shares traded daily, traders can enter and exit large positions with minimal slippage.
✗ Daily Reset Mechanism
The fund rebalances its leverage daily, making it mathematically ill-suited for a buy-and-hold strategy.
✓ Low Capital Requirement
Allows traders to gain massive exposure to the tech sector using a smaller amount of cash.
✗ High Management Fees
At 0.95%, the expense ratio is much higher than non-leveraged counterparts, eating into profits over time.
Who Should Consider TQQ?
Aggressive day traders and swing traders who monitor the market constantly and have a very high risk tolerance.
Retirement accounts, long-term investors, or anyone uncomfortable with the possibility of a 10%+ loss in a single day.
You have a high-conviction bullish view on the Nasdaq-100 for the next 24 to 48 hours.
Active trading accounts. Not recommended for accounts meant for long-term compounding like 401(k)s.
TQQ vs Similar ETFs
Key metrics comparison.
| ETF | Full Name | Expense Ratio | AUM | Holdings | Div Yield | YTD | Best For |
|---|---|---|---|---|---|---|---|
| TQQ ★ | ProShares UltraPro QQQ | 0.95% | ~$27.8B | 101 | 0.04% | 28.5% | 3x Daily Nasdaq-100 |
| SSO | ProShares Ultra S&P 500 | 0.90% | $4.2B | 500 | 0.85% | 15.2% | 2x Daily S&P 500 |
| UPRO | ProShares UltraPro S&P500 | 0.95% | $5.1B | 500 | 0.40% | 21.4% | 3x Daily S&P 500 |
| QLD | ProShares Ultra QQQ 2x | 0.95% | $6.5B | 101 | 0.25% | 18.9% | 2x Daily Nasdaq-100 |
TQQ Technical Analysis
Real-time buy/sell signals.
TQQ — Risks & Considerations
Compounding of Losses
In a declining market, 3x leverage accelerates losses. A 10% drop in the Nasdaq-100 translates to a roughly 30% drop in TQQ.
Path Dependency
The final value of TQQ depends on the daily sequence of returns, not just the index’s total return over a period.
Overnight Gaps
Since TQQ is leveraged, large moves in the after-hours market or pre-market can cause the ETF to open with massive losses.
Counterparty Risk
TQQ uses derivatives and swaps with major banks to achieve leverage, introducing a small layer of institutional risk.