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Example:

TQQQ

Ultra Nasdaq Biotechnology
The first and only ETF that targets 2x daily returns of the nasdaq-100 Mega Index.
star-0star-1star-2star-3
Morningstar Rating
Overall Morningstar Rating out of 46 Communications funds based on risk-adjusted returns as of 07/31/25
TQQQ seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index®
How to BuyThis link opens a new window
Why TQQQ?
Designed for knowledgeable investors who seek to:
Magnified Returns

TQQQ is the only ETF that targets 3x the daily returns of the Nasdaq-100 Index.

Efficient

TQQQ offers 3x exposure with less cash.

Convenience

Buy and sell leveraged exposure via a single ticker in a brokerage account.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 3x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance.

For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target.Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

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Strategic Volatility

Example:

TQQQ

Ultra Nasdaq Biotechnology
The first and only ETF that targets 2x daily returns of the nasdaq-100 Mega Index.
TQQQ seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index®
How to Buy
Why TQQQ?
Magnified Returns

TQQQ is the only ETF that targets 3x the daily returns of the Nasdaq-100 Index.

Efficient

TQQQ offers 3x exposure with less cash.

Convenience

Buy and sell leveraged exposure via a single ticker in a brokerage account.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 3x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance.

For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target.Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

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        "paragraph": "TQQQ offers 3x exposure with less cash."
      },
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        "paragraph": "Buy and sell leveraged exposure via a single ticker in a brokerage account."
      }
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  },
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    "description": "This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 3x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. <br/> <br/>For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target.Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. <br/> <br/>The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance."
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}