|Denumire||ProShares UltraPro QQQ ETF|
|Capitalizare bursieră||17,060 mld. USD|
ProShares UltraPro QQQ is an exchange-traded fund, a financial instrument that is essentially the collection of different securities, such as stocks, bonds, etc. It follows a predetermined financial index, according to guidelines related to company size, location, and more. ETFs are relatively popular and traded like stocks.
The ProShares UltraPro QQQ seeks daily investment results that, before fees and expenses, correspond to three times the daily return of the Nasdaq-100 Index. ProShares UltraPro's returns over longer than a single day may differ in amount and direction from the target return.
The Nasdaq-100 Index is comprised of the 100 largest domestic and international non-financial companies listed on the Nasdaq Stock Market. The index is based on market capitalisation and includes companies from many business sectors, such as hardware and software, biotechnology, telecommunications, retail and wholesale, and more. Traders cannot invest directly in an index, and so theProShares UltraPro QQQ enables them to do so, in a way.
Companies included in the selected Nasdaq-100 Index are non-financial companies with appropriate trading volumes and adjusted market capitalisation.