ProShares UltraPro QQQ (TQQQ)
Ticker TQQQ · US exchange · Index Nasdaq 100
ProShares UltraPro QQQ is a leveraged ETF from the United States. For each single trading day, it aims for three times the daily return of the Nasdaq 100. It uses stocks and derivatives such as swaps; on May 31, 2026, stocks made up 30.4% of net assets. The prospectus states an expense ratio of 0.82% a year.
Availability in the EU
Retail investors in the EU usually cannot buy this fund. Banks and brokers may only offer it with a key information document under the PRIIPs regulation, and US ETFs rarely have one. Unleveraged UCITS ETFs on the Nasdaq 100 in our coverage:
Price history
Performance
| Trailing (1Y) | +48.5 % | Year to date | +34.6 % |
|---|---|---|---|
| Calendar year 2025 | +33.2 % |
How daily leverage works
Because the leverage is reset every day, the return over several days does not equal three times the index return. In volatile markets it usually falls short. If the index fell by more than a third in a single day, the fund's assets would in theory be wiped out. In our price database, QQQ moved +22.4% from September 11, 2025 to September 11, 2026. Three times that would have been +67.2%; TQQQ returned +48.5%.
The 25 largest stock positions
as of May 31, 2026 · SEC Form N-PORT · weight in % of net assets
| # | Stock | Weight |
|---|---|---|
| 1 |  NVIDIA Corp. | 2.48 % |
| 2 |  Apple, Inc. | 2.21 % |
| 3 |  Microsoft Corp. | 1.62 % |
| 4 |  Micron Technology, Inc. | 1.46 % |
| 5 |  Amazon.com, Inc. | 1.40 % |
| 6 |  Advanced Micro Devices, Inc. | 1.12 % |
| 7 |  Alphabet, Inc. | 1.07 % |
| 8 |  Tesla, Inc. | 1.05 % |
| 9 |  Broadcom, Inc. | 1.02 % |
| 10 | Alphabet, Inc. | 0.99 % |
| 11 |  Meta Platforms, Inc. | 0.90 % |
| 12 |  Intel Corp. | 0.76 % |
| 13 |  Walmart, Inc. | 0.75 % |
| 14 |  Cisco Systems, Inc. | 0.63 % |
| 15 |  Costco Wholesale Corp. | 0.57 % |
| 16 |  Lam Research Corp. | 0.53 % |
| 17 |  Netflix, Inc. | 0.48 % |
| 18 |  Palantir Technologies, Inc. | 0.48 % |
| 19 |  Applied Materials, Inc. | 0.48 % |
| 20 |  Texas Instruments, Inc. | 0.37 % |
| 21 |  QUALCOMM, Inc. | 0.36 % |
| 22 |  KLA Corp. | 0.33 % |
| 23 |  Sandisk Corp. | 0.33 % |
| 24 |  Linde plc | 0.31 % |
| 25 |  Palo Alto Networks, Inc. | 0.31 % |