Performance of TQQQ ProShares UltraPro QQQ | 112.8% in 12m
Compare TQQQ with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare ProShares UltraPro QQQ with its related Sector/Index QQQ
Performance Duell TQQQ vs QQQ
| TimeFrame | TQQQ | QQQ |
|---|---|---|
| 1 Day | -1.60% | -0.48% |
| 1 Week | 0.19% | 0.25% |
| 1 Month | -14.7% | -4.57% |
| 3 Months | -6.09% | -0.31% |
| 6 Months | 62.6% | 21.62% |
| 12 Months | 112.8% | 37.84% |
| YTD | 10.2% | 5.57% |
| Rel. Perf. 1m | -1.09 | |
| Rel. Perf. 3m | 0.87 | |
| Rel. Perf. 6m | 2.44 | |
| Rel. Perf. 12m | 4.16 |
Is ProShares UltraPro QQQ a good stock to buy?
Partly, yes. Based on ValueRay Analyses, ProShares UltraPro QQQ (NASDAQ:TQQQ) is currently (April 2024)
ok to buy, but has to be watched. It has a Growth Technical Rating of 5.53 and therefor an somewhat positive rating according to historical growth.
Based on ValueRays Technical Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TQQQ as of April 2024 is 54.71. This means that TQQQ is currently undervalued and has a potential upside of +3.52% (Margin of Safety).
Based on ValueRays Technical Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TQQQ as of April 2024 is 54.71. This means that TQQQ is currently undervalued and has a potential upside of +3.52% (Margin of Safety).
Is TQQQ a buy, sell or hold?
ProShares UltraPro QQQ has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 112.82%.
In compare to Invesco QQQ Trust, TQQQ made 74.98% more over the last 12 months. Due to the outperformance, it is recommend to buy TQQQ.
In compare to Invesco QQQ Trust, TQQQ made 74.98% more over the last 12 months. Due to the outperformance, it is recommend to buy TQQQ.
Values above 0%: TQQQ is performing better - Values below 0%: TQQQ is underperforming
Compare TQQQ with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | -0.60% | -11.61% | 41.12% | 87.04% |
| US NASDAQ 100 | QQQ | -0.06% | -10.17% | 40.95% | 74.98% |
| US Dow Jones Industrial 30 | DIA | -0.73% | -11.73% | 46.18% | 97.03% |
| German DAX 40 | DBXD | -0.24% | -12.74% | 42.46% | 100.59% |
| UK FTSE 100 | ISFU | -2.57% | -15.87% | 48.66% | 105.81% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 1.17% | -14.74% | 61.06% | 125.77% |
| Hongkong Hang Seng | HSI | -6.39% | -14.49% | 66.34% | 131.56% |
| Japan Nikkei 225 | EXX7 | 3.04% | -6.24% | 48.43% | 97.57% |
| India NIFTY 50 | INDA | -2.20% | -18.20% | 41.67% | 81.88% |
| Brasil Bovespa | EWZ | -2.13% | -10.27% | 55.94% | 94.42% |
TQQQ ProShares UltraPro QQQ vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 3.16% | -10.35% | 41.51% | 74.12% |
| Consumer Discretionary | XLY | -1.61% | -10.47% | 46.18% | 91.17% |
| Consumer Staples | XLP | -2.56% | -15.16% | 49.40% | 111.28% |
| Energy | XLE | -2.78% | -18.35% | 50.03% | 94.73% |
| Financial | XLF | -2.45% | -13.82% | 34.11% | 85.07% |
| Health Care | XLV | -0.89% | -11.08% | 51.07% | 106.38% |
| Industrial | XLI | -1.28% | -13.18% | 36.16% | 87.03% |
| Materials | XLB | 0.26% | -12.08% | 41.82% | 98.59% |
| Real Estate | XLRE | -1.74% | -9.44% | 47.42% | 110.13% |
| Technology | XLK | -0.33% | -9.50% | 41.11% | 74.45% |
| Utilities | XLU | -3.66% | -19.04% | 47.81% | 113.79% |
| Aerospace & Defense | XAR | -1.70% | -11.76% | 43.50% | 94.34% |
| Biotech | XBI | 1.70% | -3.46% | 37.02% | 110.04% |
| Homebuilder | XHB | -1.57% | -8.29% | 14.30% | 62.11% |
| Retail | XRT | -1.96% | -9.08% | 38.08% | 91.88% |
Does ProShares UltraPro QQQ outperform its market, is TQQQ a Sector Leader?
Yes, over the last 12 months ProShares UltraPro QQQ (TQQQ) made 112.82%, while its related Sector, the Invesco QQQ Trust (QQQ) made 37.84%.
Over the last 3 months TQQQ made -6.09%, while QQQ made -0.31%.
Yes, over the last 12 months ProShares UltraPro QQQ (TQQQ) made 112.82%, while its related Sector, the Invesco QQQ Trust (QQQ) made 37.84%.
Over the last 3 months TQQQ made -6.09%, while QQQ made -0.31%.
| Period | TQQQ | QQQ | S&P 500 |
|---|---|---|---|
| 1 Month | -14.74% | -4.57% | -3.13% |
| 3 Months | -6.09% | -0.31% | 3.49% |
| 12 Months | 112.82% | 37.84% | 25.78% |