Amazon (AMZN) shares retreat after wide Q2 earnings miss >>> READ MORE

5 Aggressive ETF Trades to Make Before 2014

Let the bull loose on financials, Big Tech and more

      View All  

ProShares UltraPro QQQ (TQQQ)

TQQQNow onto the riskiest security of the lot.

ProShares UltraPro QQQ (TQQQ) invests in the Nasdaq-100 Index — a collection of the Nasdaq’s 100 largest non-financial stocks — but uses swaps and derivatives to reflect a 3x movement in the index. Ergo, theoretically three times the returns, and three times the potential losses.

Apple (AAPL) holds a 12.4% position as far as assets are concerns, with nine other well-known stocks taking up well more than a third of the assets. These include Amazon (AMZN), Google (GOOG), and Microsoft (MSFT).

The expense ratio is 0.95%, so it isn’t a cheap play, but when big tech gets goin’, TQQQ gets goin’ through the roof.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC