TQQQ Price - TQQQ Live Chart & Price Predictions 2023 (2024)

About Tqqq and Tqqq Trading

What is the ProShares UltaPro QQQ (TQQQ) ETF?

The ProShares UltaPro QQQ (TQQQ) falls into the leveraged exchange-traded funds category and offers a return that is three times the daily returns of Nasdaq 100.

Investors should keep in mind that the same 3x performance applies to the downside as well. That's why they normally use the ETF as a speculative tool for a short-term holding period.

When did the ProShares UltaPro QQQ (TQQQ) begin trading and how is it performing?

The ETF was established in September 2010 by ProShares, a company well-known for its ETF products.

As of November 2020, the average daily volume approached 34 million trades, which makes the instrument more liquid than many other ETFs of its size. The TQQQ price also grew gradually.

Is Tqqq a good investment?

TQQQ is one of the largest leveraged ETFs that also tracks the Nasdaq 100. According to experts' opinion, TQQQ could prove more suitable for short-term trading rather than the long term. However, it all depends on how people choose to trade.

What is Sqqq and Tqqq?

TQQQ is a leveraged ETF built to offer a return that is three times the daily returns of Nasdaq 100, while SQQQ is an inversed leveraged ETF offering -3 times the returns of the same stock index.

Can you buy and hold Tqqq?

Although you can invest in the TQQQ in the long-term, market analysts advise against it, stating that the TQQQ is a highly volatile leveraged ETF. To learn more about ETF trading through CFDs, visit our page here.

Does Tqqq decay?

Because of its volatility, the TQQQ leveraged ETF might not be a good long-term investment for traders, or so experts say. Analysts say this ETF and other similar to it (such as the SQQQ) are better suited for intraday holding.

Is Tqqq a good long term investment?

TQQQ and other leveraged ETFs are used for intra-day trading, not a long term hold, according to general market consensus. Still, some investors prefer to hold it for longer periods.

TQQQ Price - TQQQ Live Chart & Price Predictions 2023 (2024)

FAQs

What is the TQQQ prediction for 2024? ›

Based on the Rule 16, the options market is currently suggesting that ProShares UltraPro QQQ will have an average daily up or down price movement of about 3.12% per day over the life of the 2024-06-07 option contract. With ProShares UltraPro trading at USD 62.6, that is roughly USD 1.95 .

What is the price prediction for TQQQ ETF? ›

The ETF is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect TQQQ ETF with a 90% probability to be traded between $50.65 and $67.07 at the end of this 3-month period.

What's the longest you should hold TQQQ? ›

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant.

Can 3x leveraged ETF go to zero? ›

Leveraged ETF prices tend to decay over time, and triple leverage will tend to decay at a faster rate than 2x leverage. As a result, they can tend toward zero.

How much is TQQQ in 2030? ›

ProShares UltraPro QQQ stock price stood at $62.48
YearMid-YearYear-End
2030$214.61$219.03
2031$223.64$228.45
2032$233.47$238.72
2033$244.21$249.96
8 more rows

What is the UVXY prediction for 2024? ›

Based on the Rule 16, the options market is currently suggesting that ProShares Ultra VIX will have an average daily up or down price movement of about 6.04% per day over the life of the 2024-05-31 option contract. With ProShares Ultra trading at USD 24.98, that is roughly USD 1.51 .

Is TQQQ high risk? ›

The bottom line on ProShares UltraPro QQQ

The ProShares UltraPro QQQ is certainly a risky, volatile ETF that isn't for investors with a low level of risk tolerance. If the Nasdaq-100 has a particularly bad market crash, it's possible to lose almost all your money.

What is the average return of TQQQ? ›

Total Return Ranking - Trailing
PeriodTQQQ ReturnCategory Return High
YTD27.8%91.6%
1 Yr104.4%248.3%
3 Yr11.2%*53.9%
5 Yr36.1%*62.9%
1 more row

Why don't people invest in TQQQ? ›

One, TQQQ's use of debt and swaps amplifies the potential gains, but also risks and expenses. This is why TQQQ has an expense ratio near 1%, which is quite high for an ETF. As a result, investors are taking on quite a bit of risk but also are paying quite a high fee (relatively) to hold this exposure.

Who is the largest holder of TQQQ? ›

Largest Shareholders of TQQQ
Fund/Manager Name% of Portf.Net Ownership
Flow Traders US Llc5.04%2024-03-31
Jump Financial LLC1.18%2024-03-31
Paragon Advisors LLC15.09%2024-03-31
Cantor Fitzgerald L P7.74%2024-03-31
6 more rows

What are the negatives of TQQQ? ›

Leverage risk

TQQQ's triple leverage can significantly magnify losses. As a result, it is a highly volatile investment and is generally considered unsuitable for long-term investing.

Why are 3x ETFs wealth destroyers? ›

The 3X ETFs use “total return swaps” to create the leverage. These swaps are settled each day. If the index (in this case, the Russell 1000 Financial Index) goes up consistently, then there's a good chance that the total return of the ETF will approximate 300% of the return on the index.

Should you hold leveraged ETFs overnight? ›

Investors can hold the ETF for longer than a day, but returns can vary significantly from 2x exposure over longer periods. That's because the ETF resets its leverage daily. In oscillating markets, the leverage reset can significantly erode returns.

Can you lose more money than you invested in a leveraged ETF? ›

In other words, you could potentially be liable for more than you invested because you bought the position on leverage. But can a leveraged ETF go negative? No. If you own a leveraged ETF you can't lose more than your initial investment amount.

What is the forecast for QQQ in 2024? ›

Invesco QQQ Stock Price Forecast 2024-2025

The forecasted Invesco QQQ price at the end of 2024 is $455 - and the year to year change +11%. The rise from today to year-end: +10%. In the middle of 2024, we expect to see $418.

What is the gold stock price forecast for 2024? ›

ING anticipates continued strength in gold prices and expects them to average $2,031 per ounce in 2024, with a fourth-quarter average of $2,100 per ounce.

What is the meta ETF prediction for 2025? ›

What is the Meta stock prediction for 2025? According to our Meta stock prediction for 2025, META stock will be priced at $ 611.50 in 2025. This forecast is based on the stock's average growth over the past 10 years.

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