(TQQQ) ProShares UltraPro QQQ - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US74347X8314 • Trading--Leveraged Equity
TQQQ: Tech Stocks, Nasdaq, Equities, Derivatives, Index Fund
ProShares UltraPro QQQ (TQQQ) is designed to deliver three times the daily returns of the Nasdaq-100 Index, a benchmark of 100 non-financial companies listed on the Nasdaq exchange. This ETF uses leveraged financial instruments to amplify returns, making it a tool for sophisticated traders seeking heightened exposure to tech and growth sectors.
The funds structure is straightforward but complex in execution. It invests in swaps and futures to achieve its 3x leverage, aiming to triple the indexs daily movement. However, this leverage works both ways, amplifying losses as well as gains. The underlying index includes tech giants like Apple, Microsoft, and Tesla, making TQQQ a proxy for the broader tech sectors performance.
As a non-diversified fund, TQQQ concentrates its holdings in the top Nasdaq-100 companies, which can lead to higher volatility. This lack of diversification means the funds performance can be heavily influenced by the top holdings. Investors should be aware that the fund resets daily, meaning returns over multiple days wont simply triple; they compound based on each days performance, which can diverge from expected long-term outcomes.
With over $25 billion in assets under management, TQQQ is highly liquid, making it suitable for large traders and institutions. However, its high volatility and leverage make it unsuitable for buy-and-hold investors. The funds expense ratio is 0.87%, relatively high but typical for leveraged ETFs. Understanding the mechanics of leveraged ETFs is crucial for any investor considering TQQQ.
For fund managers and investors, TQQQ serves as a tactical tool rather than a long-term holding. Its used for speculation or hedging, requiring active monitoring due to its daily reset feature. The funds performance can be significantly impacted by market conditions, especially periods of high volatility or declining markets, where losses can compound rapidly.
Additional Sources for TQQQ ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
TQQQ ETF Overview
Market Cap in USD | 20,091m |
Category | Trading--Leveraged Equity |
TER | 0.88% |
IPO / Inception | 2010-02-09 |
TQQQ ETF Ratings
Growth 5y | 68.2% |
Fundamental | - |
Dividend | 53.5% |
Rel. Strength Industry | -4.72 |
Analysts | - |
Fair Price Momentum | 54.73 USD |
Fair Price DCF | - |
TQQQ Dividends
Dividend Yield 12m | 1.51% |
Yield on Cost 5y | 11.18% |
Annual Growth 5y | 117.19% |
Payout Consistency | 33.3% |
TQQQ Growth Ratios
Growth Correlation 3m | -48.1% |
Growth Correlation 12m | 70.5% |
Growth Correlation 5y | 43.3% |
CAGR 5y | 47.02% |
CAGR/Max DD 5y | 0.58 |
Sharpe Ratio 12m | 1.51 |
Alpha | -25.68 |
Beta | 4.03 |
Volatility | 95.65% |
Current Volume | 99108.5k |
Average Volume 20d | 96143.8k |
As of March 15, 2025, the stock is trading at USD 61.89 with a total of 99,108,544 shares traded.
Over the past week, the price has changed by -8.19%, over one month by -31.10%, over three months by -33.44% and over the past year by +4.69%.
Yes. Based on ValueRay Analyses, ProShares UltraPro QQQ (NASDAQ:TQQQ) is currently (March 2025) a good stock to buy. It has a ValueRay Growth Rating of 68.21 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TQQQ as of March 2025 is 54.73. This means that TQQQ is currently overvalued and has a potential downside of -11.57%.
ProShares UltraPro QQQ has no consensus analysts rating.
According to ValueRays Forecast Model, TQQQ ProShares UltraPro QQQ will be worth about 65.7 in March 2026. The stock is currently trading at 61.89. This means that the stock has a potential upside of +6.11%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 65.7 | 6.1% |