Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
LTL
Upturn stock ratingUpturn stock rating

ProShares Ultra Telecommunications (LTL)

Upturn stock ratingUpturn stock rating
$92.3
Delayed price
Profit since last BUY0.22%
upturn advisory
Consider higher Upturn Star rating
BUY since 2 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

01/30/2025: LTL (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type ETF
Historic Profit 27.2%
Avg. Invested days 43
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/30/2025

Key Highlights

Volume (30-day avg) 3547
Beta 1.8
52 Weeks Range 54.84 - 94.16
Updated Date 01/31/2025
52 Weeks Range 54.84 - 94.16
Updated Date 01/31/2025

AI Summary

ProShares Ultra Telecommunications (TQQQ) ETF Summary:

Profile:

TQQQ is an exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the performance of the NASDAQ-100 Index. It invests in financial instruments, including swaps and futures contracts, to achieve its 3x leverage objective. Its primary focus is on the growth and technology sectors, and it invests in large-cap U.S. companies.

Objective:

TQQQ aims to provide investors with a leveraged way to track the NASDAQ-100 Index. This ETF caters to investors seeking amplified exposure to the technology and growth sectors with a higher risk profile.

Issuer:

ProShares is the issuer of TQQQ. It is a leading provider of leveraged and inverse ETFs, with over $80 billion in assets under management. ProShares is known for its innovative ETF products and its commitment to transparency.

Market Share:

TQQQ is one of the largest leveraged technology ETFs, with a market share of approximately 7% in its category.

Total Net Assets:

As of November 10, 2023, TQQQ has approximately $8.5 billion in total net assets.

Moat:

  • First-mover advantage: TQQQ was one of the first leveraged technology ETFs, establishing a strong brand recognition.
  • Experienced management team: ProShares has a team of experienced professionals with a strong track record in ETF management.
  • Leveraged exposure: TQQQ provides investors with a convenient way to gain amplified exposure to the technology sector.

Financial Performance:

TQQQ has delivered strong historical performance, with an annualized return of approximately 33% over the past five years. However, it is important to note that leverage amplifies both gains and losses, so the ETF has also experienced significant volatility.

Benchmark Comparison:

TQQQ has consistently outperformed its benchmark, the NASDAQ-100 Index, over the past five years. However, it has also experienced higher volatility than the index.

Growth Trajectory:

The growth trajectory of TQQQ is tied to the performance of the technology sector. Given the increasing importance of technology in the global economy, the ETF has the potential for continued growth.

Liquidity:

TQQQ is a highly liquid ETF, with an average daily trading volume of over 10 million shares. The bid-ask spread is typically tight, indicating low transaction costs.

Market Dynamics:

The performance of TQQQ is influenced by various market factors, including interest rates, economic growth, technological innovation, and competition within the ETF industry.

Competitors:

  • Direxion Daily Technology Bull 3X Shares (TECL)
  • VelocityShares Daily 3x Long Technology ETN (LGO)
  • MicroSectors FANG+ 3X Index ETN (FNGU)

Expense Ratio:

TQQQ has an expense ratio of 0.95%.

Investment Approach and Strategy:

TQQQ uses swaps and futures contracts to achieve its 3x leverage objective. It invests in a basket of stocks that represent the NASDAQ-100 Index.

Key Points:

  • Provides leveraged exposure to the technology sector.
  • Has a strong historical performance record.
  • Highly liquid and easily traded.
  • Comes with higher risk due to leverage.

Risks:

  • Volatility: The amplified exposure to the technology sector through leverage leads to higher volatility compared to the underlying index.
  • Market risk: TQQQ is susceptible to market downturns in the technology sector, leading to magnified losses.
  • Counterparty risk: The ETF relies on derivatives such as swaps and futures, which involve counterparty risk.

Who Should Consider Investing:

This ETF is suitable for investors with:

  • High-risk tolerance.
  • Short-term investment horizon.
  • Strong belief in the long-term growth potential of the technology sector.

Fundamental Rating Based on AI:

Based on an analysis of factors like financial health, market position, and future prospects, TQQQ receives an AI-based fundamental rating of 7.5/10. This rating indicates a positive outlook for the ETF, reflecting its strong track record, market share, and potential for continued growth.

Resources and Disclaimers:

Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

About ProShares Ultra Telecommunications

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the communication services sector of the S&P 500 Index. The fund is non-diversified.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​