ProShares Celebrates 15-Year Anniversary of TQQQ, the World's Largest Leveraged ETF

Feb 10, 2025

In honor of TQQQ’s success, ProShares will ring the Nasdaq closing bell today.

Bethesda, Md. – February 10, 2025 – ProShares, a premier provider of ETFs, today commemorates the 15-year anniversary of ProShares UltraPro QQQ (TQQQ), which has grown to become the world’s largest leveraged ETF since its inception on February 9, 2010.[1] Managing Director George Foster will be joined by clients, partners, and ProShares staff at the Nasdaq closing bell ceremony in New York this afternoon to celebrate the occasion.

"For 15 years, TQQQ has stood apart as the first and only ETF delivering magnified 3x daily exposure to the Nasdaq-100 Index," said ProShares CEO Michael L. Sapir. "As the world's largest provider of leveraged and inverse ETFs,[2] we take great pride in TQQQ’s performance, longevity, and track record of meeting its investment objective in service to shareholders."

TQQQ seeks investment results that correspond to three times the daily performance of the tech-heavy Nasdaq-100 Index. The rise of TQQQ has coincided with a period of rapid technological innovation, allowing investors to target magnified exposure to the Nasdaq-100 or to invest in it with less cash at risk. With over $25 billion in assets under management,[3] TQQQ is the world’s largest leveraged ETF and ranked among the top five most-traded ETFs in the United States last year.[4] TQQQ’s popularity is matched by a performance history that stands as the best-performing mutual fund or ETF in the United States since its launch.[5]

For standardized performance, and performance data current to the most recent month-end, click here.

“We are immensely proud of Nasdaq’s longstanding partnership with ProShares,” said Emily Spurling, SVP & Global Head of Indexes at Nasdaq. “The success of TQQQ and ProShares’ broader lineup of Nasdaq-listed and Nasdaq-indexed ETFs reflects our shared commitment to innovation for the benefit of investors.”

Alongside TQQQ, ProShares offers a range of other ETFs exclusively indexed to the Nasdaq-100. This suite of solutions is designed to serve investors whether they are bullish and looking to magnify daily returns or bearish and seeking an ETF that increases in value on days when the market drops.

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares manages over $80 billion in assets and offers one of the largest lineups of ETFs. The company is a leader in strategies such as crypto-linked, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

 

[1]Source: Bloomberg, as of Jan 31, 2025

[2] Source: Morningstar, as of Jan 31, 2025

[3]Source: Bloomberg, as of Jan 31, 2025

[4]Source: Bloomberg, as of Dec 31, 2024. Based on average daily volume traded.

[5]Source: Bloomberg, as of Jan 31, 2025. "Best-performing” defined as the highest total return of any mutual fund or ETF available in the U.S. at TQQQ's first day of trading on Feb 10, 2010, based on the funds' net asset value (NAV).

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Media Contact
Tucker Hewes
212-207-9451
Investor Contact
ProShares
866-776-5125

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. 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. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, visit proshares.com.

TQQQ seeks daily investment results that correspond, before fees and expenses, to 3x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

Investing involves risk, including the possible loss of principal. 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. Please see their summary and full prospectuses for a more complete description of risks.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

"Nasdaq," "Nasdaq-100," "Nasdaq-100 Index" and "QQQ" are trademarks of The Nasdaq OMX Group, Inc. and have been licensed for use by ProShares. ProShares have not been passed on by Nasdaq OMX or its affiliates as to their legality or suitability. ProShares based on Nasdaq indexes are not sponsored, endorsed, sold or promoted by Nasdaq OMX or its affiliates, and they make no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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