I'm wondering if QQQ is 3X leveraged. I've heard about
Leveraged ETFs and want to confirm if QQQ falls into that category, specifically with 3X leverage.
5 answers
JamesBrown
Wed Dec 25 2024
This index is a widely recognized benchmark for the technology and growth sectors in the United States.
GwanghwamunPride
Wed Dec 25 2024
The ProShares UltraPro QQQ, also known as TQQQ, is a unique financial instrument in the market.
Sofia
Wed Dec 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of digital asset investors. These services include spot trading, futures trading, and a secure wallet for storing cryptocurrencies.
CryptoLord
Wed Dec 25 2024
It is classified as a leveraged Exchange Traded Fund (ETF), which means it employs leverage to amplify the returns of an underlying asset.
ethan_thompson_journalist
Wed Dec 25 2024
Specifically, TQQQ aims to provide investors with three times the daily performance of the Nasdaq-100 Index.