The ProShares UltraPro QQQ (TQQQ) is a leveraged ETF-designed to provide 3x the daily performance of the Nasdaq-100 Index (QQQ).This means that if the Nasdaq rises by 1%,TQQQ is designed to rise by 3%, but if it falls by 1%,TQQQ will drop by 3%.It’s a tool for aggressive traders seeking short-term gains. 1. How TQQQ Works:TQQQ achieves its leverage through the use of derivatives and swaps,allow..