![tqqq expense ratio tqqq expense ratio](https://static1.seekingalpha.com/uploads/sa_presentations/460/34460/slides/9.jpg)
QQQ loses 30%, which means TQQQ loses 90%.Įven if the following day we have a 100% return on the QQQ (300% for TQQQ), our balances only look like this: If we continue having good days, our total return will be greater than 3x because our amounts are compounding over time.ĭay 5 - uh oh. Even though a 10% gain followed by a 10% loss looks like it should be a wash, we are losing more money because we are taking the 2nd day percentage from a higher amount.ĭay 3&4: A 5% gain day for QQQ means a 15% gain for TQQQ.Īs we can see with QQQ rising, TQQQ rises even faster. Remember, if QQQ loses money, that loss is amplified by TQQQ.
![tqqq expense ratio tqqq expense ratio](https://img1.daumcdn.net/thumb/R1280x0/?scode=mtistory2&fname=https:%2F%2Fblog.kakaocdn.net%2Fdn%2FbDdnXY%2Fbtq5W9jMb0t%2FWhIloxBchpv4j8oI1KsRS1%2Fimg.png)
There's a sharp pull back of exactly 10%. Our values are as follows:ĭay 2: Maybe day 1 was a bit intense. We have 2 equal positions, $100 of both TQQQ and QQQ.ĭay 1: great day in the market. Read it carefully.Here's how I understand it. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates (2) may not be copied or redistributed and (3) is not warranted to be accurate, complete, or timely. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Fidelity receives compensation from the funds advisor or its affiliates in connection with a licensing agreement to utilize Fidelityâs active ETF methodology which may create incentives for FBS to encourage the purchase of certain ETFs.
![tqqq expense ratio tqqq expense ratio](https://i.imgur.com/oh9waqs.jpg)
BlackRock and iShares are registered trademarks of BlackRock Inc., and its affiliates. Fidelity may add or waive commissions on ETFs without prior notice. Additional information about the sources, amounts, and terms of compensation can be found in the ETF’s prospectus and related documents. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Click on the "Performance & Risk" link to view quarter-end performance. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. The performance data shown represents past performance, which is no guarantee of future results. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. ETFs are subject to management fees and other expenses.
![tqqq expense ratio tqqq expense ratio](https://www.begintoinvest.com/wp-content/uploads/2019/07/vG-total-bond-fund-fee-cost.png)
ETFs are subject to market fluctuation and the risks of their underlying investments. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal).
Tqqq expense ratio free#
Free commission offer applies to online purchases select ETFs in a Fidelity brokerage account.