ProShares Ultra Top QQQ (Ticker: QQUP) is a specialized exchange-traded fund (ETF) that provides investors with exposure to large-cap equities in a unique and dynamic manner. Designed for those seeking to amplify their market exposure, QQUP aims to deliver twice (2x) the daily performance of the Nasdaq-100 Mega Index. This index focuses on the upper echelon of the Nasdaq-100, specifically targeting the top 45% of its constituents by market capitalization. Such a strategy allows investors to concentrate their portfolio on the most substantial and influential companies within the Nasdaq-100, often characterized by robust growth potential and market leadership. By utilizing swap agreements, QQUP effectively leverages its investments to achieve its targeted performance, making it a suitable choice for traders and investors looking for a powerful tool to capitalize on short-term market movements within the large-cap space. As a Size and Style ETF, QQUP stands out in the broad-based niche for those who are confident in the upward momentum of elite Nasdaq-listed stocks and are comfortable with the risks associated with leveraged investment strategies.
ProShares Ultra Top QQQ (QQUP) Fund Flow Chart
ProShares Ultra Top QQQ (QQUP) 1 year Net Flows: 20M