ProShares UltraPro QQQ

ProShares Trust · Series S000024908 · 1 share classes

Equity fund · 58% stocks
One fund, 1 share classes:TQQQ
$27.32B NAV
110 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2025 Q2

ProShares UltraPro QQQ (the Fund) seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index (the Index).

Strategy · summarised

The fund seeks daily investment results that correspond to three times the daily performance of the Nasdaq-100 Index through a combination of equity securities, swap agreements, futures contracts, and money market instruments, rebalancing its portfolio each day to maintain its target leverage. Results over periods longer than one day will not equal three times the index's return. The fund may invest in a representative sample of index securities or in securities not contained in the index, which could cause its performance to diverge from the index.

Expenses
0.84%one share class
Share classGrossNet
TQQQ0.97%0.84%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 32.00% · as of 2025 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

97.99%
of net assets
Stocks58.45%
Other22.72%
Cash & short-term17.64%
Derivatives-0.81%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 14 new19 exited

Largest new: ProShares GENIUS Money Market ETF, United States of America ×5, WMT, WDC

Largest exited: United States of America ×8

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Mar 2023 – Feb 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ProShares GENIUS Money Market ETF22.72%$6.21B
United States of America5.49%$1.50B
NVIDIA Corp.NVDA4.91%$1.34B
Repurchase Agreement4.56%$1.25B
Apple, Inc.AAPL4.45%$1.22B
Microsoft Corp.MSFT3.33%$909.43M
Amazon.com, Inc.AMZN2.56%$699.44M
United States of America2.47%$674.93M
Tesla, Inc.TSLA2.29%$625.94M
Meta Platforms, Inc.META2.17%$593.07M
Showing 10 of 110Sign in to see more

Top 10 positions are 54.96% of net assets, top 25 76.77%, across 104 issuers.

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