ProShares' EQQQ, the first leveraged ETF tracking the Nasdaq-100 Equal Weighted Index, offering 2x daily exposure with reduced mega-cap concentration.
Unlike the traditional Nasdaq-100, where mega-cap technology stocks dominate returns, the equal-weighted index assigns the same weight to every constituent at each quarterly rebalance. That reduces concentration risk while increasing exposure to smaller Nasdaq-100 companies.Key highlights:
Expands ProShares’ $85 billion leveraged and inverse ETF lineup
Expense ratio: 0.95%
ProShares and affiliate ProFunds manage more than $112 billion in assets
The race to dominate one of Wall Street's most popular ETF categories is heating up thanks to BlackRock's new Nasdaq 100 ETF.
Orderly Network launched permissionless $QQQ perpetual futures tracking the NASDAQ 100 with 20x leverage, expanding its RWA…
Crypto ETP assets are shrinking while AI-driven ETFs such as QQQ continue attracting investor capital.
US leveraged ETFs hit a record $198 billion in AUM, driven by TQQQ and SOXL as AI and semiconductor demand fuel massive inflows…
Neuberger launches the NQLT ETF, targeting high-quality mid- and large-cap stocks as investors seek alternatives beyond mega-cap…
Leverage Shares lists the ELOL ETF on NASDAQ, offering combined daily exposure to Tesla and SpaceX in a single ticker with a…
