Is TQQQ better than QQQ?
QQQ – Performance Comparison. In the year-to-date period, TQQQ achieves a 23.98% return, which is significantly higher than QQQ’s 9.15% return. Over the past 10 years, TQQQ has outperformed QQQ with an annualized return of 37.71%, while QQQ has yielded a comparatively lower 18.58% annualized return.
What is the TQQQ?
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. As such, it does not actually hold the shares of any companies.
What is the beta of TQQQ?
NEW: Experience our best charts yet. Net Assets 21.68B Yield 1.06% YTD Daily Total Return 23.96% Beta (5Y Monthly) 3.49 Expense Ratio (net) 0.88% 還有 3 列
What is the yield of TQQQ?
1.13% Historical Dividend Yield Data Date Value 1.13% 1.13% 1.14% 1.07% 還有 21 列
Can TQQQ go to zero?
If qqq is down 33 percent then tqqq goes to zero. In 2000-2003 qqq was down 75% which almost guarantees tqqq going to zero. That’s not how it works. TQQQ leverage resets daily, so a 33% drop in QQQ over say the span of a month does not mean TQQQ goes to zero.
What is the disadvantage of TQQQ?
The triple leverage can significantly magnify losses, making TQQQ a high-risk, high-reward option. The compounding of daily returns can also lead to tracking error, causing its performance to deviate from three times the index’s returns over time.
Why is TQQQ so popular?
QQQ appears to be the single best long-term investment option for investors seeking total returns due to its ability to expose holders to top U.S. companies on an ongoing basis. The Nasdaq 100 has consistently outperformed the S&P 500 in terms of total returns, making it a favorable choice for long-term investors.
How long can you hold TQQQ?
Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares’ returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period.
Is TQQQ safe to buy?
Support, Risk & Stop-loss for TQQQ ETF TQQQ finds support from accumulated volume at $60.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low.
How does TQQQ make money?
ProShares UltraPro QQQ (TQQQ) is also an ETF that is simply a leveraged version of QQQ by 3X. Meaning that if QQQ is up 1%, TQQQ would theoretically be up 3%, and the same ratio would be applied if QQQ falls 1%. This is accomplished by utilizing derivatives and leveraging to provide the 3X return of QQQ.
Is TQQQ volatile?
TQQQ implied volatility (IV) is 51.4, which is in the 48% percentile rank. This means that 48% of the time the IV was lower in the last year than the current level. The current IV (51.4) is 4.2% above its 20 day moving average (49.3) indicating implied volatility is trending higher.
Does TQQQ pay a dividend?
TQQQ has a dividend yield of 1.13% and paid $0.70 per share in the past year. The dividend is paid every six months and the last ex-dividend date was .
Does TQQQ have fees?
Cons of TQQQ Expenses: Most ETFs have expense ratios below 0.20%, whereas the expenses for TQQQ are 0.95%, or $95 for every $10,000 invested.