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 projection of TQQQ in 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 .

How high will TQQQ go? ›

A break-up at the top trend line at $66.21 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.97% during the next 3 months and, with a 90% probability hold a price between $51.92 and $68.18 at the end of this 3-month period.

What is the return of TQQQ in the last 10 years? ›

ProShares UltraPro QQQ had a return of 24.87% year-to-date (YTD) and 111.05% in the last 12 months. Over the past 10 years, ProShares UltraPro QQQ had an annualized return of 38.12%, outperforming the S&P 500 benchmark which had an annualized return of 10.90%.

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 .

How often does TQQQ reset? ›

ProShares UltraPro QQQ (TQQQ)

Due to the daily reset feature, holding the fund for longer than a single day will result in compounding of returns and results that are likely to significantly differ from the target return.

How often does TQQQ pay dividends? ›

TQQQ Dividend Information

TQQQ has a dividend yield of 1.07% and paid $0.70 per share in the past year. The dividend is paid every six months and the last ex-dividend date was Mar 20, 2024.

What is the holding period of TQQQ? ›

TQQQ is a levered fund that delivers 3x exposure only over a one-day holding period of NASDAQ-100 stocks. The underlying index includes 100 of the largest non-financial companies listed on NASDAQ based on market capitalization.

When was the last time TQQQ split? ›

TQQQ Stock Split History
DateRatio
Jan. 21, 20212:1
May 24, 20183:1
Jan. 12, 20172:1
Jan. 24, 20142:1
3 more rows

What is the strategy for TQQQ? ›

The basic strategy is pretty simple: by holding TQQQ and some QQQ puts, you can insulate yourself from the downside and even realize a positive return if QQQ really sells off hard. Meanwhile, you have the aggressive upside offered by holding TQQQ.

Is TQQQ 2x or 3x? ›

The TQQQ is a 3x leveraged ETF based on the QQQ (a Nasdaq-100 Index ETF). Because it is leveraged, it uses derivatives contracts to amplify its returns based on how the index performs.

What is the rate of decay of TQQQ? ›

Results and Discussions
ETFDate (from/ to)Cumulative decay (%)
TQQQ (NDX 3X)2020-02-19/ 2020-03-24-21.3
2020-03-24/ 2020-08-21-11.5
2018-01-26/ 2020-05-11-45.6
2010-02-09/ 2020-12-17-72.4
20 more rows
Feb 5, 2021

What is the forecast for QQQ in 2024? ›

Invesco QQQ Stock Price Forecast 2024-2025

Invesco QQQ price started in 2024 at $409.52. Today, Invesco QQQ traded at $451.75, so the price increased by 10% from the beginning of the year. The forecasted Invesco QQQ price at the end of 2024 is $484 - and the year to year change +18%.

What is the meta ETF prediction for 2025? ›

Right now, sell-side consensus calls for Meta Platforms to report earnings of $14.80 per share in 2024, and $16.98 per share in 2025. The high end of these forecasts call for earnings of $17.15 and $19.90 per share, next year and the year after next, respectively.

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 stock price forecast for 2024? ›

Meta (META) Stock Forecast & Price Prediction 2025, 2030. According to our current META stock forecast, the value of Meta shares will drop by -5.43% and reach $ 441.91 per share by June 8, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 39 (Fear).

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