ProShares UltraPro QQQ Price & Performance (TQQQ)

Inverse ETFs, designed to perform inversely to their underlying assets, are gaining traction among traders during economic uncertainty. These funds allow investors to profit from market declines but carry high risks, particularly due to potential value decay over time. Leveraged versions amplify returns but also increase exposure to losses.12

The ProShares UltraPro QQQ (TQQQ), a leveraged ETF tied to the Nasdaq-100, has fallen sharply amid tech sector weakness. Recent tariff threats and economic uncertainty have spurred volatility, causing the fund to decline more than 6%. Leveraged ETFs like TQQQ perform well in rallies but are vulnerable during downturns.34

Tesla's 10% rally has propelled the Nasdaq-100 index higher, marking a 2% rise for the broader market. The electric vehicle giant's performance underscores its influence on the tech-heavy index. Broader market optimism is evident, but some analysts caution against over-reliance on single-stock movements.5