ProShares Ultra QQQ (QLD)

leveraged nasdaq-100 technology

QLD aims to provide 2x daily leveraged exposure to the Nasdaq-100 Index, which consists of 100 of the largest non-financial companies listed on the Nasdaq. The fund can potentially magnify short-term gains, but also comes with increased risk and potential for losses. As a leveraged product, QLD is primarily used as a short-term trading tool and requires careful monitoring.