ProShares UltraPro QQQ (TQQQ) is an exchange-traded fund that seeks to provide 3x leveraged exposure to the NASDAQ-100 Index. The NASDAQ-100 Index comprises the 100 largest non-financial companies listed on the NASDAQ stock exchange based on market capitalization.
As a leveraged ETF, TQQQ uses a combination of futures, swaps, and borrowed money to amplify the intraday movement of the NASDAQ-100 index. It is important to note that TQQQ is a highly speculative investment that is not suitable for all investors.
