ProShares UltraPro QQQ ETF rStock
ProShares UltraPro QQQ is a 3x leveraged ETF, designed to achieve, before fees and expenses, daily investment results equal to those of the Nasdaq 100 Index that are three times its performance. Due to daily rebalancing and the effects of compounding, returns over longer holding periods may deviate significantly from three times the index’s cumulative return, so it is primarily a tactical trading tool.
Overview
ProShares UltraPro QQQ is a 3x leveraged ETF, designed to achieve, before fees and expenses, daily investment results equal to those of the Nasdaq 100 Index that are three times its performance. Due to daily rebalancing and the effects of compounding, returns over longer holding periods may deviate significantly from three times the index’s cumulative return, so it is primarily a tactical trading tool.
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