TQQQ - For Clients With Higher Risk Tolerance
TQQQ Overview:
Name: ProShares UltraPro QQQ
Ticker: TQQQ
Type: Leveraged ETF
Objective: Seeks to deliver 3x the daily return of the NASDAQ-100 Index (QQQ)
Issuer: ProShares
Inception Date: February 9, 2010
Expense Ratio: ~0.88%
Underlying Index: NASDAQ-100 (same as QQQ, includes large-cap U.S. tech-heavy growth stocks like Apple, Microsoft, NVIDIA, etc.)
Who is this suitable for?
Traders and tactical investors
Sophisticated investors
Investors with hedging plans
Investors with high tolerance for risk
If you can handle the extreme volatility and have a hedging plan in this place this could be for you. We provide hedging plans for our clients when it comes to this ETF. When the fed lowers interest rates expect this security to have high appreciation.