ProShares provides three times leveraged exposure to Nasdaq

The ProShares UltraPro QQQ is designed to return three times the daily performance of the underlying Nasdaq 100 index. The ProShares UltraPro Short QQQ conversely aims to return three times the inverse daily performance of the benchmark. The underlying index comprises 100 of the largest domestic and international non-financial securities listed on the Nasdaq exchange, based on market capitalisation. It includes companies involved in the computer, biotechnology, health care and telecommunications sectors. The firm highlights the leveraged return of the index is based on a single ...