Overview
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Description
ProShares UltraPro QQQ is a leveraged exchange-traded fund designed to deliver three times the daily performance of the Nasdaq-100 Index. It provides traders and institutional investors with a tactical instrument for gaining amplified exposure to 100 of the largest non-financial companies listed on Nasdaq, with a portfolio heavily influenced by the technology sector. The fund is built for short-term use and relies on derivatives and financing techniques to pursue its daily objective, making its behavior distinct from traditional long-term index funds. ProShares UltraPro QQQ also offers liquidity, quarterly distributions, and options availability, which can make it a versatile vehicle within active trading strategies focused on U.S. large-cap growth and technology-linked market segments.
About
Instrument type
ETF
Country
Mexico
MIC code
XMEX