TQQQ Price - TQQQ Live Chart & Price Predictions 2023 (2024)

FAQs

What is the TQQQ prediction for 2024? ›

According to the latest long-term forecast, ProShares UltraPro QQQ price will hit $80 by the end of 2024 and then $125 by the end of 2025. ProShares UltraPro QQQ will rise to $150 within the year of 2027, $200 in 2029 and $250 in 2033.

TQQQ Signals & Forecast

The TQQQ ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock.

ProShares UltraPro QQQ had a return of 47.96% year-to-date (YTD) and 92.59% in the last 12 months. Over the past 10 years, ProShares UltraPro QQQ had an annualized return of 37.98%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.

What Happens If Triple-Leveraged ETFs Go to Zero? Leveraged ETF prices tend to decay over time, and triple leverage will tend to decay at a faster rate than 2x leverage. As a result, they can tend toward zero.

According to the latest long-term forecast, Invesco QQQ price will hit $450 by the end of 2024 and then $500 by the middle of 2025. Invesco QQQ will rise to $600 within the year of 2026, $700 in 2028, $800 in 2029, $900 in 2031, $1000 in 2033 and $1100 in 2035.

Based on the Rule 16, the options market is currently suggesting that ProShares Ultra VIX will have an average daily up or down price movement of about 6.72% per day over the life of the 2024-06-21 option contract. With ProShares Ultra trading at USD 24.63, that is roughly USD 1.66 .

TQQQ Dividend Information

TQQQ has a dividend yield of 0.97% and paid $0.72 per share in the past year. The dividend is paid every six months and the last ex-dividend date was Jun 26, 2024.

There is a daily reset each night where the price is reset to its underlying benchmark so the fixed ratio (for example 3:1), is maintained going forward. The TQQQ is called a triple leveraged ETF, as well as other monikers such as or 3X ETF or 3 Beta ETF.

TQQQ has a total of 116 holdings. The top 10 holdings account for 66.86%.

The 3X ETFs use “total return swaps” to create the leverage. These swaps are settled each day. If the index (in this case, the Russell 1000 Financial Index) goes up consistently, then there's a good chance that the total return of the ETF will approximate 300% of the return on the index.

Can Tqqq fail? ›

Conclusion. Don't go all in and don't buy and hold TQQQ – or any leveraged stocks ETF – “naked” for the long term without a hedge of some sort, because sometimes they simply can't recover from major drawdowns. The last decade has looked great for TQQQ, but don't succumb to recency bias.

In other words, you could potentially be liable for more than you invested because you bought the position on leverage. But can a leveraged ETF go negative? No. If you own a leveraged ETF you can't lose more than your initial investment amount.

TQQQ is one of the largest leveraged ETFs that also tracks the Nasdaq-100. QQQ is perhaps best suited as a long-term investment for those who want broad exposure to the Nasdaq-100 Index. TQQQ is built for short-holding periods and is best suited for day traders.

What is the Meta stock prediction for 2025? According to our Meta stock prediction for 2025, META stock will be priced at $ 668.52 in 2025. This forecast is based on the stock's average growth over the past 10 years.