TQQQ Stock: ProShares UltraPro QQQ Profile & Analysis (2026)
A high-leverage exchange-traded fund designed to deliver three times the daily performance of the Nasdaq-100 Index — Updated May 2026 with current AUM, expense ratio, holdings, and performance data.
TQQQ, or the ProShares UltraPro QQQ, is a powerful and highly volatile leveraged ETF that seeks to provide 300% of the daily return of the Nasdaq-100 Index. Because of its daily reset mechanism and the aggressive use of financial derivatives, TQQQ is strictly a short-term trading vehicle. It is NOT intended for long-term holding or "buy and forget" strategies, as its performance over periods longer than a single day can vary significantly from the underlying index.
With over $36 billion in assets, TQQQ is one of the most popular tools for active traders looking to capitalize on bullish sentiment in the technology sector. However, investors must be aware that the same 3x leverage that accelerates gains also accelerates losses. In a declining or choppy market, TQQQ can experience rapid and severe value erosion, making it one of the higher-risk instruments available to retail investors.
Key Takeaways — TQQQ Stock
TQQQ targets 3x the daily returns of the Nasdaq-100; if the index rises 1% in a day, TQQQ aims to rise 3% before fees and expenses.
Due to daily compounding and resets, the fund suffers from "decay" in sideways or volatile markets, which can result in losses even if the index is flat.
The underlying index is concentrated in top-tier growth stocks like NVIDIA, Apple, and Microsoft, making TQQQ a leveraged bet on the tech sector.
With an 0.82% expense ratio and the cost of daily rebalancing, TQQQ is much more expensive to maintain than a standard non-leveraged index fund.
TQQQ — Live Price Chart
Real-time chart. Use toolbar to switch timeframes.
TQQQ ETF Vitals & Key Statistics
Core data as of May 2026.
| Data Point | Value | Data Point | Value |
|---|---|---|---|
| Full Name | ProShares UltraPro QQQ | Ticker | TQQQ |
| Issuer | ProShare Advisors LLC | Asset Class | Equity / Leveraged-3x Nasdaq-100 ETF |
| Index Tracked | Nasdaq-100 Index | Structure | ETF |
| Expense Ratio | 0.82% | AUM | ~$36.15B |
| Inception Date | February 9, 2010 | Exchange | NASDAQ |
| No. of Holdings | 126 | Dividend Yield | 0.00% |
| 52-Week High | $79.68 | 52-Week Low | $32.43 |
| Avg Daily Volume | ~73.3M shares | YTD Return | 12.2% |
| 1-Year Return | 60.6% | 5-Year Return | 30.6% |
| Category | Trading—Leveraged Equity | Dividend Frequency | Quarterly |
TQQQ Top 10 Holdings (May 2026)
Largest positions by weight. Click columns to sort.
| Rank | Ticker | Company Name | Sector | Weight % |
|---|---|---|---|---|
| 1 | GENIUS | ProShares GENIUS Money Market ETF | Cash Equivalents | 33.15% |
| 2 | NVDA | NVIDIA Corp | Information Technology | 5.17% |
| 3 | AAPL | Apple Inc | Information Technology | 4.39% |
| 4 | CASH | Cash/ProShares Trust | Cash Equivalents | 3.97% |
| 5 | MSFT | Microsoft Corp | Information Technology | 3.47% |
| 6 | BIL | United States Treasury Bills | Government | 3.36% |
| 7 | T-BILL | United States Treasury Bills | Government | 2.63% |
| 8 | AMZN | Amazon.com Inc | Consumer Discretionary | 2.60% |
| 9 | TSLA | Tesla Inc | Consumer Discretionary | 2.29% |
| 10 | META | Meta Platforms Inc Class A | Communication Services | 2.18% |
TQQQ — Pros & Cons
✓ Magnified Returns
Offers the potential for massive daily gains when the tech sector is trending strongly upwards.
✗ Volatility Decay
The daily reset mechanism causes the fund to lose value in choppy or sideways markets, even if the index hasn't moved.
✓ High Liquidity
With millions of shares traded daily, traders can enter and exit large positions with minimal slippage.
✗ Daily Reset Only
The 3x leverage goal only applies to a single day; over longer periods, returns may deviate wildly from the 3x target.
✓ Efficient Exposure
Allows traders to gain significant tech exposure using a smaller amount of capital than buying individual stocks.
✗ Rapid Capital Loss
A major market correction can wipe out a significant portion of your investment in just a few trading sessions.
Who Should Consider TQQQ?
Aggressive short-term traders and day traders who have a high-conviction bullish view on the Nasdaq-100 for a very limited window.
Long-term "buy and hold" investors, retirees, or anyone who cannot monitor their brokerage account several times per day.
The market is showing a strong, clear upward trend in technology stocks and you have strict stop-loss orders in place.
Taxable brokerage accounts designated for tactical speculation rather than core retirement savings like IRAs or 401(k)s.
TQQQ vs Similar ETFs
Key metrics comparison.
| ETF | Full Name | Expense Ratio | AUM | Holdings | Div Yield | YTD | Best For |
|---|---|---|---|---|---|---|---|
| TQQQ ★ | ProShares UltraPro QQQ | 0.82% | $36.15B | 126 | 0.00% | 12.2% | 3x Daily Tech Bull |
| QLD | ProShares Ultra QQQ | 0.95% | ~$25B | 100 | 0.40% | 8.5% | 2x Daily Tech Bull |
| SQQQ | ProShares UltraPro Short QQQ | 0.82% | ~$4B | 100 | 0.00% | -25.0% | 3x Daily Tech Bear |
| FAS | Direxion Daily Financial Bull 3x | 0.95% | ~$2B | 70 | 0.50% | 5.1% | 3x Daily Financials |
TQQQ Technical Analysis
Real-time buy/sell signals from moving averages and oscillators.
TQQQ — Risks & Considerations
Compounding and Math Risk
Because returns are calculated daily, TQQQ requires the index to trend strongly. If the index drops 10% and then gains 10%, the index is nearly flat, but TQQQ will be significantly down.
Extreme Daily Volatility
A 5% drop in the Nasdaq-100 results in a 15% drop for TQQQ. Multiple bad days in a row can lead to losses that are extremely difficult to recover from.
Sector Concentration
TQQQ is heavily weighted toward a few massive tech companies. Regulatory changes or a tech-specific downturn will hit this fund harder than a diversified market fund.
Liquidation Risk
In an extreme market crash (e.g., 33% in one day), a 3x leveraged fund could theoretically lose its entire value, resulting in a total loss of capital.