TQQQ: ProShares UltraPro QQQ

What does TQQQ hold?#

This fund tries to give you 3 times the daily return of the Nasdaq-100, a group of about 100 large companies listed on the Nasdaq market. It uses borrowed money and contracts called swaps and futures, and it resets every day, so over weeks or months your result can be very different from 3 times what the index did. Losses grow 3 times as fast as gains on a bad day.

It tracks the Nasdaq-100 Index.

What is the TQQQ expense ratio?#

TQQQ charges 0.78% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.78% fee comes to about $78 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has TQQQ done since 2010?#

From February 2010 to October 2026, TQQQ returned about 41.6% a year. Say you put in $10,000 at the start. It would have been worth about $3,324,315 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

TQQQ returns by year#

What was TQQQ’s worst drop?#

A drawdown is how far a fund falls from its last high point. TQQQ’s worst fall was −81.7%, from November 19, 2021 to December 28, 2022. It got back to that high on December 4, 2024.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold TQQQ?#

No classic strategy holds TQQQ yet. You can add it to your own rules in the builder and see how they would have done.

How does TQQQ compare with similar ETFs?#

Side-by-side pages measure both funds over the same dates:

• QQQ vs TQQQ: the Nasdaq-100 against a fund that aims for 3 times its daily move.

Test TQQQ in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add TQQQ, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for TQQQ. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from ProShares. We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.