The ProShares UltraPro QQQ (NASDAQ:TQQQ), iShares Ethereum Trust ETF (NASDAQ:ETHA), and VanEck Semiconductor ETF (NASDAQ:SMH) are all soaring today.
The ProShares UltraPro QQQ ETF has seen a significant valuation drop due to market turmoil, presenting a buying opportunity for long-term investors focused on AI-driven tech growth. TQQQ is attractive due to its overweight in 'magnificent 7' stocks like Microsoft, Apple, and Nvidia, all poised for AI-related gains. TSMC just reported a 42% Y/Y gain in its top line amid a continual boom in AI spending. Gartner also projects massive gen-AI spending in AI.
We apply leverage in a dynamic and disciplined way to achieve aggressive growth. The ProShares UltraPro QQQ ETF is our fund of choice for leverage exposure. Despite recent corrections, I remain on the sideline due to the combination of high valuation risk and high VIX index.
TQQQ TQQQ In 1 month Estimated | Quarterly | $0.2 Per Share |
TQQQ TQQQ 1 month ago Paid | Quarterly | $0.2 Per Share |
TQQQ TQQQ 4 months ago Paid | Quarterly | $0.28 Per Share |
TQQQ TQQQ 7 months ago Paid | Quarterly | $0.23 Per Share |
TQQQ TQQQ 10 months ago Paid | Quarterly | $0.28 Per Share |
TQQQ TQQQ 20 Mar 2024 Paid | Quarterly | $0.22 Per Share |
TQQQ TQQQ In 1 month Estimated | Quarterly | $0.2 Per Share |
TQQQ TQQQ 1 month ago Paid | Quarterly | $0.2 Per Share |
TQQQ TQQQ 4 months ago Paid | Quarterly | $0.28 Per Share |
TQQQ TQQQ 7 months ago Paid | Quarterly | $0.23 Per Share |
TQQQ TQQQ 10 months ago Paid | Quarterly | $0.28 Per Share |
TQQQ TQQQ 20 Mar 2024 Paid | Quarterly | $0.22 Per Share |
XBER Exchange | United States Country |
This fund is managed by ProShare Advisors, focusing on achieving daily investment results that correspond to the Daily Target. It is designed for investors seeking consistent daily returns from their investments. The fund specifically targets the performance of the 100 largest domestic and international non-financial companies by market capitalization, as listed on The Nasdaq Stock Market. It's important to note that this fund is non-diversified, meaning it may invest more heavily in fewer sectors or securities, potentially increasing its risk and return profile.
Daily Target Investment Strategy
This strategy focuses on generating returns that match the Daily Target through investments in a select portfolio of financial instruments. ProShare Advisors use their expertise to select investments that, when combined, aim to achieve the desired daily outcomes. This approach is suitable for investors looking for predictable short-term returns from their investment.
Non-Financial Companies Index Fund
The fund invests in 100 of the largest domestic and international non-financial companies based on market capitalization, as determined by The Nasdaq Stock Market listings. This investment focus allows the fund to target the robust growth potential of major non-financial companies, making it an appealing option for investors seeking exposure to leading companies in various industries excluding the financial sector.