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home / news releases / udow and leveraged etfs dashboard for july

TQQQ - UDOW And Leveraged ETFs Dashboard For July

ProShares UltraPro QQQ

2024-07-01 06:00:00 ET

Summary

  • Leveraged ETFs often underperform their underlying index, mostly due to beta-slippage.
  • Monthly and yearly drift watchlist shows varying levels of drift in leveraged ETFs, with some experiencing decay and others positive drift.
  • UDOW historical data reveal a negative average drift and underwhelming performance over the last 5 years.

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For further details see:

UDOW And Leveraged ETFs Dashboard For July
Stock Information
Company Name: ProShares UltraPro QQQ
Stock Symbol: TQQQ
Market: NASDAQ
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