ProShares UltraPro QQQ (NASDAQ: TQQQ) is the world's largest leveraged ETF by assets under management, designed to deliver 3x the daily performance of the Nasdaq-100 Index before fees and expenses. As of July 20, 2026, TQQQ trades at approximately $68.42 overnight, having retraced 22.3% from its May 2026 cycle high of $88.09 while the underlying Nasdaq-100 reached a record high above 30,660 in early June before entering the current consolidation.