Overview
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Description
ProShares UltraPro QQQ is a leveraged exchange-traded fund designed to provide three times the daily performance of the Nasdaq-100 Index. The fund uses derivatives and related instruments to seek amplified exposure to a basket of 100 of the largest non-financial companies listed on Nasdaq, with a portfolio that is heavily concentrated in technology and other growth-oriented sectors. ProShares UltraPro QQQ is used by market participants seeking short-term, tactical exposure to large-cap U.S. innovation leaders through a single traded vehicle. As an ETF, it combines intraday tradability with diversified index-based exposure, while its leveraged structure makes it a distinct instrument within the broader equity market.
About
Instrument type
ETF
Country
United States
MIC code
XNMS