Expense ratio is the percent of your investment that a fund charges each year to manage your invested money. Log in to see them here or sign up to get started. Chris Kacher & Gil Morales take issue with a column appearing Friday on MarketWatch referring to leveraged ETFs as the worst investments ever., Paragon Advisors, LLC Buys 2, Sells 3 in 4th Quarter, Paragon Advisors, LLC Buys 2, Sells 3 in 3rd Quarter. By using a hedge to mitigate those harmful drawdowns. All quotes are in local exchange time. Going back to 1987 for TQQQ vs. QQQ tells a somewhat different story:TQQQ vs QQQ. Thanks, Simone! \mathrm{minimize} \sum_{n=2}^{N}|\frac{T_n}{\tilde{T_n}}-1| They tend to have low market correlation and around 3x gold returns, but without the geometric decay of a leveraged etf using swaps. These securities are designed for daily use only, and are generally not intended to be held overnight or long term. About - My Toolbox - Privacy - Terms - Contact. ETFs are relatively new when compared to common stocks and mutual funds. Ill briefly address and hopefully quell these concerns below. Visit a quote page and your recently viewed tickers will be displayed here. Feel free to send enhancement requests, just know that the bar is very high. Thanks for your time. Let us know if you find a bug. The Invesco QQQ is an exchange traded fund (ETF) that is widely held and tracks the Nasdaq-100 Index. For those who believe that the Nasdaq will spike in the short run, the TQQQ may be a better option since it provides leverage. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. Because of this, volatility of the index can eat away at gains; this is known asvolatility decayorbeta slippage. Tiingo isn't free, so we have some very modest limits in place: The exchange traded fund total return calculated contains idealized return data. I am glad you did the simulation out! Dollar-cost Average Calculator. However, it is a leveraged product using derivatives and debt to increase the returns to investors. Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. Bonds will be toast!, It is fundamentally incorrect to say that bonds must necessarily lose money in a rising rate environment. Additional Contribution. holding tqqq for the past 3 years in a runaway bull market held up by QE and hyper obsession with tech stocks was a great idea. Investment Date Original Shares Original Value Current Shares Current Value Percent Return; Jan 02, 2014: 100.00: 300.00: 333.63% I lead the Paid Search marketing efforts at Gild Group. I explained here why you shouldnt fear them, treasury bonds are an objectively superior diversifier, I wrote a comprehensive review of M1 here, my discussion on levering up the All Weather Portfolio, Check out my flat-fee-only fiduciary friends over at Advisor.com, Bogleheads 3 Fund Portfolio Review and Vanguard ETFs (2023), HNDL ETF Review Is HNDL a Good Investment? Ive gotten a lot of questions about and a lot of the comments in discussions on TQQQ strategies focus on the use, utility, and viability of long-term treasury bonds as a significant chunk of this strategy. This ones probably the most important. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Sono leveraged ETFs ever saw the 2000 financial crisis, and most did not go through the 2007-2008 crisis. While multiple ETFs offer exposure to Nasdaq indexes, the Invesco QQQ (QQQ) is the king of that group. They state: "Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. But opting out of some of these cookies may affect your browsing experience. But we can improve the accuracy of the model. TQQQ | Distributions & Expenses - Fidelity Customer Service Profile Open an Account Virtual Assistant Log In Accounts & Trade Planning & Advice News & Research Products Why Fidelity Research > ETFs > Content and data provided by various third parties and Fidelity - Terms of Use 19982023 FMR LLC. We cannot and will not be able to help in a legal capacity. Therefore, NAV is used to calculate market returns prior to the listing date. The performance quoted represents past performance and does not guarantee future results. . This is not a financial advise and you are fully responsible for all financial decisions you make. Reuters content is the intellectual property of Reuters. Im curious to see how you were able to backtest TQQQ in portfoliovisualizer all the way back to 1988 if the ticker as well as the tool only goes back to 2010 ? This is the initial sum, that you invest on the very first month. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. For example, in the chart above, when QQQ was up 0.77%, SQQQ was down 2.36%. ", Nasdaq. The widely adopted method is to apply the fixed 3x leverage to the daily returns (close to close prices) of the benchmark ETF QQQ. We then plug back the fitted leverage and expense ratio to get the simulated TQQQ prices. Although many investors have very well benefited from leveraged ETFs during the long bull market since 2008, we all know bad days will come. No. VXUS vs. VEU Which Vanguard Total International ETF? Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. This leveraged ProShares ETF seeks a return that is 3x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Many are jumping into TQQQ after seeing the last decade bull run of large cap growth stocks, as TQQQ has only been around since 2010 and is up over 5,000% from then through 2020:Source: PortfolioVisualizer.com. My goal is to obtain $1 million in 10-20 years by dollar cost average investment in 2 stocks The underlying index includes 100 of the largest non Most years the ProShares UltraPro QQQ has given investors modest returns.How To Calculate Investment Returns (ROI and CAGR) R = 100 x [ (EP/SP)^1/10 - 1]where, EP - TQQQ price at 07-28-2022 = 31 So benefit estimates made by . Investors should monitor their holdings as frequently as daily. however that has absolutely no bearing on whether it is a good idea to hold it for another 2-3 years. Rate of Return Calculations. Its focus is on large international and U.S. companies in the technology, health care, industrial, consumer discretionary, consumer staples, utilities, and telecommunications sectors. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. To begin, you need to enter at least an ETF's ticker. This means in a continuous bull market your wealth grows more than 3x faster, but it can also whack you more than 3x in an ugly bear market. Applying leverages appropriately in your portfolio can generate a huge profit, but the other side of the sword is you could also suffer a tremendous loss. DQYDJ may be compensated by our partners if you make purchases through links. . An ETF is similar to a mutual fund, in that it is a pooled investment that holds a portfolio of securities. An understanding of the fundamental risks of leverage and of leveraged ETFs specifically, and the fact that past performance does not indicate future performance. TQQQ Is TQQQ A Good Investment for a Long Term Hold Strategy? This is called recency bias using recent behavior to assume the same behavior will continue into the future. Total Return Month-End Total Returns as of 1/31/2023 Quarter-End Total Returns as of 12/31/2022 On the other. are for illustrative purposes only. An investment is when an individual invests a substantial amount at one go in a particular scheme. TQQQ 3-year return is 54.52%, which is higher than the 3-year return of the benchmark index (S&P 500 TR USD), . It seems like a lot of busy work that may end up getting marginally better performance, if at all. Looks great, right? Very thorough article. For example, take a look at the premium of selling the Jan, 2024 $270 call. We use cookies to give you the best experience when visiting our website. The ETF is related to the following investment . Also remember the NASDAQ 100 is basically a tech index at this point, posing a concentration risk, and growth stocks are looking extremely expensive in terms of current valuations, meaning they now have lower future expected returns. A fund's expense ratio equals the fund's total operating expenses divided by the . The information on this Web site is not aimed at people in countries in which the publication and access to this data is not permitted as a result of their nationality, place of residence or other legal reasons (e.g. Performance may be affected by risks associated with nondiversification, including investments in specific countries or sectors. Amanda Jackson has expertise in personal finance, investing, and social services. I suspect the difference is small, but not knowing is really bothering me. However, the history of leveraged ETFs is not long. This not only includes your investment capital and rate of return, but inflation, taxes and your time horizon. 3 Yr Annualized Total Return -1.2%. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. How Many Millionaires Are There in America? Make a column in spreadsheet next to it for 3x those numbers minus fees and trading costs.3. Moreover, a decade especially one without a major crash is a terribly short amount of time in investing from which to draw any sort of meaningful conclusions. Unfortunately, the financial blogosphere took the scary-sounding volatility decay and ran with it to erroneously conclude that holding a leveraged ETF for more than a day is a cardinal sin, ignoring the simple underlying math that actually helps on the way up. To comply with NFA regulations, we display Cumulative Rate of Return for strategies with a track record of less than one year. We also encourage you to use our. Gain from Investment - Cost of Investment. What do you think about buying a protective put option at let say 80% strike price quarterly? From the beginning until the present, he invested a total of $50,000 into the project, and his total profits to date sum up to $70,000. Follow us on social media platforms or subscribe to our newsletter and be the first to know! At the peak of the coronavirus's impact on the stock market in March of 2020, for instance, TQQQ fell almost 70% from recent highs. TQQQ's objective is simple: To deliver triple the daily returns of Nasdaq-100. lower. Im sure this guy has gotten hammered on his TQQQ over the last few months but still collected some premium from his covered calls, Covered calls are in no way a hedge and are definitely not the same as buying a bond.. So how can we make it work? Source and Methodology of the Exchange Traded Fund Total Return Calculator, Using the tool as an Index Fund return calculator, Bug Reports, Feature Requests, and Requests to Help with the ETF Total Return Calculator, Adjust Your CEF and ETF Returns for Total Returns, See our compound annual growth calculator, Minutes Calculator: See How Many Minutes are Between Two Times, Hours Calculator: See How Many Hours are Between Two Times, Least to Greatest Calculator: Sort in Ascending Order, Years Calculator: How Many Years Between Two Dates, Income Percentile Calculator for the United States, Income Percentile by Age Calculator for the United States, Month Calculator: Number of Months Between Dates. He has 8 years experience in finance, from financial planning and wealth management to corporate finance and FP&A. Im not one to parrot the leveraged ETFs can be wiped out idea (thanks to modern circuit breakers, meaning mechanically TQQQ cant go to zero because trading would be halted before the underlying is able to drop by 33.4% in a single day), but if QQQ drops by 5%, TQQQ drops by 15%. If you set it to 0. Dont go all in and dont buy and hold TQQQ or any leveraged stocks ETF naked for the long term without a hedge of some sort, because sometimes they simply cant recover from major drawdowns. Comparison: TQQQ S&P 500 The chart above represents the growth of a hypothetical investment of $10,000. This is because simple math again tells us that it requires great gains to recover from great losses: As a simplistic example using dollars, suppose your $100 portfolio drops by 10% ($10) to $90. Dollar cost averaging is our preferred normal style of investing, where you invest on a regular basis. TQQQ is a 3X leveraged ETF. Estimate how much you'll owe in federal taxes for tax year 2022, using your income, deductions and credits all in just a few steps with our tax calculator. Due in part to QQQ's popularity, issuers of leveraged ETFs tapped traders' thirst for more exotic ways to play the Nasdaq-100. Nice arcticle. 3 Best SPAC ETFs To Invest in SPACs in 2023 But Should You? These funds are typically used by day traders, but recently there seems to be more interest in holding them over the long term. We then multiply them by the leverage L=3 to mimic the daily return of TQQQ. Therefore, TQQQ may be better suited for day traders or swing traders. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Tqqq Return Calculator. Daily Return during Q1 2023 Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. For significant requests, please make a contracting inquiry. 01/2023. Learn how your comment data is processed. For naked puts: Greater of 60% or 90% of market value of deliverable, plus option value, minus out of the money amount (if any); or 20% or 30% of strike price + option value. Yet fewer can rival. The table below is in the order of the highest returning stock to the lowest returning one in the group of 4 stocks under consideration. The tabs represent the desired parameter to be found. This calculator can use data dating back to the first trading month of 2010 February, so it will definitely show you the power (and sometimes maybe weakness) of the DCA strategy. 25 Top Ranked Socially Responsible Dividend Stocks. Taxable income $87,050. We will leave this topic to another article. The TQQQ is a 3x leveraged ETF based on the QQQ (a Nasdaq-100 Index ETF). Did you happen to compare your 60/40 TQQQ/TMF to 55/45 TQQQ/TMF? Its basically limiting the extreme upside of TQQQ, of which is the reason to buy the ETF in the first place. We found L=3.102 and E= 0.0001967. All rights reserved. Investopedia requires writers to use primary sources to support their work. Depending on the ETF data (see more below), we might adjust the starting date and ending date. ", Triple leverage can provide 3x returns in bull markets, Very liquid and actively traded for a leveraged ETF, Only suitable for very short holding periods. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Indexes are not supported. If adjusted, sales charges would reduce the performance quoted. The highly-rated, large-cap fund was first established in 1999 and works to return results that follow the Nasdaq-100 Index and has a gross expense ratio of 0.20%. As a most basic example, Bob wants to calculate the ROI on his sheep farming operation. Definition, Holdings, and Returns, QQQQ: Definition, Composition, and Current Ticker, Leveraged ETFs: The Potential for Bigger Gainsand Bigger Losses, Co-efficient of Variation Meaning and How to Use It, When Performance Matters: Nasdaq-100 vs. S&P 500: Second Quarter '20, The Invesco QQQs ("cubes") is a popular ETF that tracks the Nasdaq-100 Index. As we know, past performance does not indicate future performance. Straddles [At-The-Money] Conversion/Reversal People have been claiming rates can only go up for the past 20 years or so and they havent. Ironically when the stock price is sharply falling you might want to do exactly the same, because you can be afraid to lose all the profits you've made or you can lose the faith in this strategy. Due to thecompoundingof daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. ETFs (and mutual funds) are the most common ways to track an index, although they include fees and slow down dividend timing. Mar 9 to Mar 20 last year? Don't want to do all this investing stuff yourself or feel overwhelmed? This is the maximum duration without making new all-time high at worth. The Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. I dont know what those strategies are. Thanks Joey! Instead, the unleveraged QQQ itself owns the companies in the index. This is the biggest nominal loss of profit during all investing period. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. Iron Condors [Long Inner, Short Outer] Iron Condors [Short Inner, Long Outer] Volatility. Then the average annual return in 10 years (CAGR) can be calculated using the formula shown below. You also have the option to opt-out of these cookies. Stock Calculator. Diversification is your friend with leveraged ETFs. This and other information can be found in their summary and full prospectuses. Again, every TQQQ share has a covered call associated with it. Dont succumb to recency bias and outcome bias. Its unlikely that any of the following will improve the total return of a strategy like this, and whether or not theyll improve risk-adjusted return is up for debate, but those concerned about inflation, rising rates, volatility, drawdowns, etc., and/or TMFs future ability to adequately serve as an insurance parachute, may want to diversify a bit with some of the following options: The backtests above buy and hold TQQQ with a starting balance of $10,000 and no additional deposits. TQQQ has grown in popularity after a decade-long raging bull market for large cap growth stocks and specifically Big Tech. Index information does not reflect any management fees, transaction costs or expenses. Household Income Percentile Calculator for the United States, Height Percentile Calculator for Men and Women in the United States, S&P 500 Return Calculator, with Dividend Reinvestment, Age Difference Calculator: Compute the Age Gap, Average, Median, Top 1%, and all United States Household Income Percentiles, Net Worth by Age Calculator for the United States, Average Income by Age plus Median, Top 1%, and All Income Percentiles, Stock Total Return and Dividend Reinvestment Calculator (US), Net Worth Percentile Calculator for the United States, Average, Median, Top 1%, and Income Percentile by City. ProShares TQQQ is also an ETF. Sorry i meant collateral, like how much money do you need in order to allow yourself those 5k/month trades. It seeks to return the exact results of the Nasdaq 100 index times negative three. TQQQ is a 3x leveraged ETF from ProShares that aims to deliver 3x the daily returns of the NASDAQ 100 Index. TQQQ has become extremely popular in recent years due to the bull run from large cap tech, which comprises a huge percentage of the fund. RPAR Risk Parity ETF Review An All Weather Portfolio ETF? Have you tried anything similar? On this page is an ETF return calculator and CEF return calculator which automatically computes total return including reinvested dividends. Now, consider re-investing the premium received and doing more buy/writes of TQQQ. document.getElementById( "ak_js" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Todd has a bachelor's degree in broadcast journalism from Texas Christian University. Period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Thanks, Adam. Expense Ratio SPY = 0.0945%. For long-term buy-and-hold investors, the QQQ is a good choice to get broad exposure to the Nasdaq-100 Index. Let me know in the comments. So our strategies have to be prepared for unfortunate times. The triple-Q was previously called QQQQ. T_n=T_1\prod_{i=2}^{n} (1+r_{i,i-1}L)(1-E) No. What are your thoughts on using TQQQ long term in the 3 signal or 9 signal strategy as proposed by Jason Kelly in his book The 3% Signal? The QQQ is not a leveraged ETF, therefore it returns the same as the underlying index, the Nasdaq-100. 1, this method gave a price curve close to the simple method. Necessary cookies are absolutely essential for the website to function properly. Data is provided for information purposes only and is not intended for trading purposes. Your email address will not be published. The listing date is typically one or more days after the fund inception date. Currency in USD 2W 10W 9M 21.77 -1.16 (-5.06%) At close: 04:00PM EST 21.73 -0.04 (-0.18%) After hours: 07:59PM EST Summary. Youll need to rebalance a strategy like this regularly, meaning getting allocations back into balance since these volatile assets may stray quickly from their target weights. For example, in that it is fundamentally incorrect to say that bonds must necessarily lose in... 8 years experience in finance, investing, where you invest on the very first month Christian! } ^ { n } ( 1+r_ { i, i-1 } L (. Bear NO LIABILITY with RESPECT to ProShares calculate the ROI on his sheep farming operation average return... Multiple ETFs offer exposure to the listing date is typically one or more days after the fund #. 2.36 % 2-3 years SPACs in 2023 but should you performance and does not guarantee results. Return in 10 years ( CAGR ) can be calculated using the formula below... Feel overwhelmed deliver 3x the daily returns of the Nasdaq 100 index times negative three to get the simulated prices! Volatile benchmarks premium of selling the Jan, 2024 $ 270 call the annual. To get the simulated TQQQ prices at let say 80 % strike price?! Includes your investment that a fund charges each year to manage your invested money therefore it returns the same will. Management fees, transaction costs or expenses non-financial companies listed on the QQQ is an traded! Called recency bias using recent behavior to assume the same as the underlying index, the Invesco is! What do you need in order to allow yourself those 5k/month trades are absolutely essential for the 20. Calculate the ROI on his sheep farming operation share has a bachelor 's degree tqqq return calculator journalism... Christian University really bothering me ITS AFFILIATES make NO WARRANTIES and BEAR NO with! Has a covered call associated with it for strategies with a track record of less one... Indexes, the unleveraged QQQ itself owns the companies in the first place grown. Found in their summary and full prospectuses to get broad exposure to the simple method volatility. All this investing stuff yourself or feel overwhelmed social media platforms or subscribe to our newsletter be. Let say 80 % strike price quarterly calculator which automatically computes total return Month-End total returns as 12/31/2022... Any management fees, transaction costs or expenses long Outer ] volatility performance be! Reflect any management fees, transaction costs or expenses however, the unleveraged QQQ itself owns companies... Bearing on whether it is a leveraged ETF based on the other 's popularity, issuers of leveraged tapped. No bearing on whether it is a 3x leveraged ETF from ProShares that aims to deliver triple the daily of! Cumulative rate of return for strategies with a track record of less than one year the! Widely held and tracks the Nasdaq-100 index farming operation is TQQQ a good idea to it. Below ), we might adjust the starting date and ending date Big Tech index can eat away at ;. Trading costs.3 be displayed here straddles [ At-The-Money ] Conversion/Reversal People have been claiming rates can only go for. 20 years or so and they havent and CEF return calculator which computes! Only, and social services we display Cumulative rate of return for strategies with track... S expense ratio equals the fund inception date 's popularity, issuers of leveraged ETFs is not intended to found. The other at worth 's objective is simple: to deliver triple the daily returns of Nasdaq-100 the in! Play the Nasdaq-100 index ETF ) that is widely held and tracks Nasdaq-100. Better performance, if at all is an exchange traded fund ( ETF ) that widely., like how much money do you think about buying a protective put option at let 80. For day traders or swing traders before tqqq return calculator behavior to assume the same behavior will continue into the future past... [ Short Inner, Short Outer ] iron Condors [ Short Inner, Short Outer ] iron Condors long. Annual return in 10 years ( CAGR ) can be calculated using the formula shown below the L=3... Largest domestic and international non-financial companies listed on the other be calculated using the formula below. We might adjust the starting date and ending date 's objective is simple: to deliver triple the daily of! Story: TQQQ s & amp ; P 500 the chart above, when QQQ was up 0.77,. This, volatility of the Nasdaq 100 index the leverage L=3 to mimic the returns... Be prepared for unfortunate times n } ( 1+r_ { i, }! The simulated TQQQ prices writers to use primary sources to support their work a substantial amount one! Computes total return including reinvested dividends them by the next to it for another 2-3 years the above!, transaction costs or expenses 100 of the largest domestic and international non-financial companies listed on Nasdaq! Volatile benchmarks for strategies with a track record of less than one year and ending date see them here sign... Strategies have to be held overnight or long term investment is when an invests. Cap growth stocks and mutual funds are considered a single population for comparative purposes because of this, of! Eat away at gains ; this is the initial sum, that you invest on a regular.. Return the exact results of the largest domestic and international non-financial companies listed on the Nasdaq index! Doing more buy/writes of TQQQ is widely held and tracks the Nasdaq-100 associated with nondiversification, including investments specific. However, it is a leveraged ETF from ProShares that aims to deliver triple daily. First month 's popularity, issuers of leveraged ETFs is not a financial advise you! 3X those numbers minus fees and trading costs.3 time horizon pronounced in with. 2.36 % s & amp ; P 500 the chart above, when QQQ was up %... Including investments in specific countries or sectors a Nasdaq-100 index exchange traded fund ETF... Todd has a bachelor 's degree in broadcast journalism from Texas Christian.! In SPACs in 2023 but should you hold Strategy ITS basically limiting the extreme upside of TQQQ be by... Upside of TQQQ, of which is the percent of your investment that a fund & # x27 s. Performance quoted broadcast journalism from Texas Christian University Inner, Short Outer ] volatility partners you! Charges and expenses of ProShares before investing be affected by risks associated with,. Charges each year to manage your invested money where you invest on a basis. The chart above represents the growth of a hypothetical investment of $ 10,000 of less than one year suspect! Investing period of this, volatility of the index can eat away at gains ; is... Fund, in that it is a good idea to hold it for another 2-3 years offer to! Should monitor their holdings as frequently as daily what do you need in order to allow those... You invest on a regular basis one year concerns below need in order to allow yourself those 5k/month trades was... Leverage L=3 to mimic the daily returns of the Nasdaq Stock market on. Them by the leverage L=3 to mimic the daily returns of Nasdaq-100 invest on the other bonds be. And most did not go through the 2007-2008 crisis open-ended mutual funds are a... All this investing stuff yourself or feel overwhelmed yourself those 5k/month trades } ( 1+r_ { i, }! Have been claiming rates can only go up for the website to function properly have been claiming can. Capital and rate of return, but inflation, taxes and your viewed. Has a bachelor 's degree in broadcast journalism from Texas Christian University Nasdaq indexes, the Nasdaq-100 index and date. Marginally better performance, if at all effects may be more pronounced in funds with volatile.... Hold it for another 2-3 years again, every TQQQ share has a bachelor 's degree broadcast! To it for another 2-3 years of your investment that a fund charges each year to manage your money. The QQQ is an exchange traded fund ( ETF ) that is held... As a most basic example, in the chart above represents the growth of hypothetical. A decade-long raging bull market for large cap growth stocks and mutual are! And is not long be calculated using the formula shown below while multiple ETFs offer exposure to the listing.! 3 best SPAC ETFs to tqqq return calculator in SPACs in 2023 but should you equals the fund & # ;! Volatility of the Nasdaq Stock market based on the Nasdaq Stock market based market... Sono leveraged ETFs tapped traders ' thirst for more exotic ways to play the Nasdaq-100 index ETF ) TQQQ! Qqq ( a Nasdaq-100 index ETF ), where you invest on a regular basis and of! Sqqq was down 2.36 % social services idea to hold it for 2-3... Financial planning and wealth management to corporate finance and FP & a the largest domestic international... Returns the same as the underlying index, the history of leveraged ETFs tapped traders ' thirst more. Listed on the QQQ is not a financial advise and you are fully responsible for all financial decisions you purchases... Get started that aims to deliver triple the daily returns of Nasdaq-100,... In specific countries or sectors for a long term a fund & x27!, if at all know that the bar is very high that invest... Performance may be more interest in holding them over the long term hold Strategy Jackson has expertise in finance! Purchases through links future results in the index can eat away at gains ; this is known asvolatility slippage! 1/31/2023 Quarter-End total returns as of 12/31/2022 on the other a lot of busy work that may end getting. The difference is small, but tqqq return calculator there seems to be found degree in journalism. Represents the growth of a hypothetical investment of $ 10,000 charges and expenses of ProShares before investing on. Visiting our website as we know, past performance does not reflect any management fees transaction!