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TQQQ STOCK LEVERAGED ETF INTELLIGENCE

ProShares UltraPro QQQ Returns by Year: 2011 to Present

Explore ProShares UltraPro QQQ returns by year from 2011 to present. Analyze the current-year return, 1-year, 3-year, 5-year and 10-year returns, average historical returns, positive and negative market years, and long-term market performance using the interactive research explorer.

Research & Analysis by • Quant Researcher • TradingNInvestment

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ProShares UltraPro QQQ Historical Return Statistics

Historical ProShares UltraPro QQQ annual price-return statistics from 2011 to present, with the current year reported separately as year-to-date.

Historical Coverage
2011 to Present
Latest verified market data
Average Annual Return
+59.84%
Completed calendar years
Median Annual Return
+56.07%
Completed calendar years
Positive / Non-Negative Years
12
80.00% of completed years
Negative Years
3
20.00% of completed years
Best Year
+193.06%
2023
Worst Year
-79.20%
2022
Current Year Return
+53.39%
2026 YTD • YTD

ProShares UltraPro QQQ 1-Year, 3-Year, 5-Year and 10-Year Returns

Period returns are compounded from the latest completed calendar-year ProShares UltraPro QQQ price returns. Multi-year cards also show the annualized return for the same completed-year period.

1-Year Return
+33.25%
2025 completed calendar year
3-Year Return
+82.66%
2023–2025 • Annualized
5-Year Return
+18.33%
2021–2025 • Annualized
10-Year Return
+36.31%
2016–2025 • Annualized
TQQQ Research Context

What This TQQQ Analysis Examines

TQQQ is a leveraged ETF designed to seek three times the daily performance of the Nasdaq-100 Index, before fees and expenses. Because its objective is daily, its return over a week, month, year, or longer period is not simply three times the corresponding Nasdaq-100 return. Daily compounding, market volatility, financing costs, expenses, and the path of returns can materially affect the outcome.

This TNI research therefore examines TQQQ across multiple time horizons rather than relying on a single long-term return figure. The analysis includes annual returns, rolling 10-year performance, drawdowns, and synchronized daily, weekly, and monthly comparisons with QQQ. The objective is to show how TQQQ has behaved across different market periods and holding horizons—not to imply that historical performance predicts future results.

For broader market context, compare these results with TNI's S&P 500 historical returns. For a company-level perspective using the same evidence-first research approach, explore Apple stock returns.

Growth of $10,000
See how a hypothetical $10,000 investment in TQQQ grew over time.
2011–2025Long-term growth
RETURN BREAKDOWN15-Year Comparison
Return ComponentEnding ValueCAGRContribution
Price Return$1,368,97938.8%95.4%
Dividend + Reinvestment+$65,535—4.6%
Total Return$1,434,51339.2%100.0%
CONTRIBUTION THROUGH TIMEHow Reinvestment Compounded
YearPrice WealthTotal WealthDividend + ReinvestmentContribution
2011$9,195$9,195+$00.0%
2012$14,003$14,003+-$0-0.0%
2013$33,570$33,570+-$0-0.0%
···2023$658,263$674,621+$16,3592.4%
2024$1,027,383$1,067,708+$40,3253.8%
2025$1,368,979$1,434,513+$65,5354.6%

Contribution % represents the share of ending total-return wealth associated with the difference between the dividend-reinvested total-return path and the price-only path. It is not the historical dividend yield.

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Annual Returns

ProShares UltraPro QQQ Annual Price Returns by Year

Performance
Time Period
Custom Range
From
→
To
TradingNInvestment research visualization. Historical return calculations, analysis and presentation by Kamal Khondkar. Underlying market data source: Yahoo Finance / TQQQ.
Benchmark Comparison

ProShares UltraPro QQQ vs. QQQ Returns

Annual price-return comparison across overlapping completed calendar years from 2011 through 2025. Excess return is ProShares UltraPro QQQ return minus QQQ return.

Years Compared
15
ProShares UltraPro QQQ Avg. Return
+59.84%
QQQ Avg. Return
+19.62%
Avg. Excess Return
+40.22%
Outperformed
12 years
80.0% of comparable years
Underperformed
3 years
YearProShares UltraPro QQQQQQDifferenceResult
2025+33.25%+20.16%+13.09%Outperformed
2024+56.07%+24.84%+31.24%Outperformed
2023+193.06%+53.79%+139.27%Outperformed
2022-79.20%-33.07%-46.13%Underperformed
2021+82.98%+26.81%+56.17%Outperformed
2020+110.05%+47.57%+62.49%Outperformed
2019+133.67%+37.83%+95.84%Outperformed
2018-19.90%-0.96%-18.93%Underperformed
2017+118.06%+31.47%+86.60%Outperformed
2016+11.38%+5.92%+5.46%Outperformed

Comparison uses calendar-year price returns over the common historical period. Current-year YTD performance is shown separately and is excluded from completed-year statistics.

Comparative Intelligence

TQQQ vs. QQQ

Rolling 10-Year Annualized Returns

Each point shows the annualized price return over the trailing 10 completed calendar years. Select a year to compare the long-term return for TQQQ and QQQ.

● TQQQ● QQQ
2025
36.31%TQQQ
2025
18.57%QQQ
Excess
+17.75%TQQQ − QQQ
20202025Annualized Return (%)

Price-return comparison. Rolling results are calculated from annual calendar-year returns and exclude the current incomplete year. Hover or tap a year to inspect the values.

DRAWDOWN & RECOVERY

TQQQ vs QQQ Drawdowns

Drawdown measures the decline from a previous investment peak. For a daily leveraged ETF, drawdown helps show how leverage, volatility and compounding can change the depth of losses and the time required to recover.

TQQQ MAX DRAWDOWN-81.66%Nov 19, 2021 → Dec 28, 2022
QQQ MAX DRAWDOWN-35.12%Dec 27, 2021 → Nov 3, 2022

How severe can a TQQQ drawdown be?

In this synchronized TQQQ–QQQ dataset, TQQQ's maximum adjusted-close drawdown was -81.66%, compared with -35.12% for QQQ.

A hypothetical $10,000 investment made at TQQQ's prior peak would have fallen to approximately $1,834 at the trough. Recovering from that loss requires a subsequent gain of approximately 445% just to return to the previous peak.

The same comparison for QQQ would reduce $10,000 to approximately $6,488, requiring roughly 54% to recover. This illustrates why the magnitude of a percentage loss matters: the gain required to recover becomes increasingly large as drawdowns deepen. For a different long-term equity perspective, see TNI's Berkshire Hathaway historical returns.

TQQQ PEAKNov 19, 2021
TROUGHDec 28, 2022
RECOVEREDDec 4, 2024
TIME UNDERWATER1,111 days

During the deepest TQQQ drawdown in this dataset, the decline ran from Nov 19, 2021 to Dec 28, 2022. The previous peak was recovered on Dec 4, 2024, after 1,111 calendar days underwater.

Source: Yahoo Finance. Drawdowns are calculated from synchronized daily adjusted-close observations from 2010-02-11 through 2026-10-02. Each series is measured from its own running peak over the identical comparison period. Past performance does not guarantee future results.

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Usage & Licensing

This TradingNInvestment research visualization and associated analysis are provided for personal, educational, and non-commercial research use with appropriate TradingNInvestment attribution.

Commercial reproduction, redistribution, resale, publication in commercial products or services, or removal of TradingNInvestment attribution requires prior permission.

For commercial licensing, publishing permissions, data partnerships, or other usage requests, Contact TradingNInvestment →

Underlying market data may be subject to separate third-party data-provider terms. TradingNInvestment permission applies to TradingNInvestment's original visualization, presentation, analysis, and associated research materials and does not grant rights to third-party data.

ProShares UltraPro QQQ Annual Returns by Year: 2011 to Present

Showing 15 annual price-return observations for 2011–2025.

● Negative● 0% – <10%● ≥10%
YearTQQQ Price ReturnReturn Category
2025+33.25%≥10%
2024+56.07%≥10%
2023+193.06%≥10%
2022-79.20%Negative
2021+82.98%≥10%
2020+110.05%≥10%
2019+133.67%≥10%
2018-19.90%Negative
2017+118.06%≥10%
2016+11.38%≥10%
2015+17.22%≥10%
2014+57.04%≥10%
2013+139.73%≥10%
2012+52.29%≥10%
2011-8.05%Negative
The current year is reported as year-to-date (YTD). Historical figures shown on this page are ProShares UltraPro QQQ price returns.

Interactive ProShares UltraPro QQQ Return Statistics

Statistics below update with the selected filters. Average, median, best and worst annual returns use completed calendar years only, so the current YTD period does not distort historical annual statistics.

Average Annual Return
+59.84%
15 completed years
Median Annual Return
+56.07%
Completed years only
Positive Years
12
80.00% of completed years
Negative Years
3
20.00% of completed years
Best Year
+193.06%
2023
Worst Year
-79.20%
2022
Historical Coverage
2011 to Present
Return Type
TQQQ Price Return
Data Source
Yahoo Finance — ProShares UltraPro QQQ (TQQQ)
PROSHARES ULTRAPRO QQQ HISTORICAL MARKET RESEARCH

ProShares UltraPro QQQ Historical Returns: What the Available Market History Shows

The history of ProShares UltraPro QQQ returns shows how annual performance has varied across the available historical record.

This ProShares UltraPro QQQ yearly returns database contains 15 completed calendar years from 2011 through 2025, plus the current 2026 year-to-date observation.

Across those 15 completed years, the average annual ProShares UltraPro QQQ price return was +59.84%.

The median annual return was +56.07%.

Those summary statistics are useful, but the complete ProShares UltraPro QQQ annual-return history provides more detail about how yearly performance has varied across the available record.

Looking at individual annual observations makes it possible to compare yearly outcomes using the same verified historical dataset.

POSITIVE YEAR HISTORY

Positive ProShares UltraPro QQQ Years: Average Return +83.73%

One of the strongest findings in the historical ProShares UltraPro QQQ returns dataset is the frequency of non-negative calendar years.

Of the 15 completed calendar years, 12 were non-negative.

That represents 80.00% of all completed years in the historical dataset.

In other words, roughly two-thirds of the completed calendar-year observations finished at or above where they began.

Across those 12 non-negative years, the average annual ProShares UltraPro QQQ price return was +83.73%.

The median return among those non-negative years was +70.01%.

That median is useful because it shows that the positive-year average was not driven solely by a small number of extraordinary market gains.

Strongest Positive ProShares UltraPro QQQ Year

The strongest completed year in the entire dataset was 2023, when the ProShares UltraPro QQQ price return reached +193.06%.

For this research, a zero return is included in the non-negative group.

NEGATIVE YEAR HISTORY

Negative ProShares UltraPro QQQ Years: Average Loss -35.71%

Negative years tell the other side of ProShares UltraPro QQQ performance history.

Across the same 15 completed calendar years, 3 years were negative.

That represents 20.00% of completed years.

Looking only at those 3 negative years, the average annual ProShares UltraPro QQQ price return was -35.71%.

The median negative-year return was -19.90%.

These figures show that a negative calendar year historically meant considerably more than simply finishing slightly below zero.

Worst ProShares UltraPro QQQ Year

The worst calendar year in the dataset was 2022, when the ProShares UltraPro QQQprice return fell -79.20%.

Negative calendar years occurred less frequently than non-negative calendar years, but several historical losses were substantial.

POSITIVE VS. NEGATIVE

What Positive and Negative ProShares UltraPro QQQ Returns Show Together

Putting both groups together reveals one of the most important characteristics of historical ProShares UltraPro QQQ returns.

There were 12 non-negative completed years compared with 3 negative completed years.

The average return during the 12 non-negative years was +83.73%.

The average return during the 3 negative years was -35.71%.

Across all 15 completed years together, the average annual ProShares UltraPro QQQ price return was +59.84%.

The median annual return across the full historical period was +56.07%.

An investor rarely experiences the long-term historical average in any particular calendar year.

Instead, individual ProShares UltraPro QQQ annual returns can vary substantially around that average.

That is one reason the complete ProShares UltraPro QQQ historical returns by year table can be more informative than relying on a single long-term number.

AVERAGE RETURN

What Does the ProShares UltraPro QQQ Average Return of +59.84% Mean?

Across the 15 completed calendar years in this dataset, the arithmetic ProShares UltraPro QQQ average return was +59.84% per completed calendar year.

This is the arithmetic average of the individual annual price returns in the historical dataset.

It does not mean the market gained exactly 59.84% in a typical year.

Individual ProShares UltraPro QQQ yearly returns frequently differed substantially from that number.

The median annual return of +56.07% provides a second way to evaluate the distribution.

Looking at both the average and median gives readers more information about historical ProShares UltraPro QQQ returns than either statistic provides by itself.

These figures represent ProShares UltraPro QQQ price returns, not total returns.

RECENT 3-YEAR VIEW

ProShares UltraPro QQQ 3-Year Return View

The current ProShares UltraPro QQQ 3-year return view covers 2024 through 2026 YTD.

Within that window, there are 2 completed calendar years.

The average annual price return across those completed years was +44.66%.

The median annual return was +44.66%.

2 of the 2 completed years were non-negative, representing 100.00% of completed observations.

0 completed years were negative, representing 0.00%.

The strongest completed year in the period was 2024 at +56.07%.

The weakest completed year was 2025 at +33.25%.

The current 2026 YTD return of +53.39% remains separate from those completed-year statistics.

3-Year Average Return Is Not the Same as 3-Year CAGR

The +44.66% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 3-year cumulative return or compound annual growth rate.

A true 3-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 15-year historical record when interpreting recent-period results.

RECENT 5-YEAR VIEW

ProShares UltraPro QQQ 5-Year Return View

The current ProShares UltraPro QQQ 5-year return view covers 2022 through 2026 YTD.

Within that window, there are 4 completed calendar years.

The average annual price return across those completed years was +50.80%.

The median annual return was +44.66%.

3 of the 4 completed years were non-negative, representing 75.00% of completed observations.

1 completed year was negative, representing 25.00%.

The strongest completed year in the period was 2023 at +193.06%.

The weakest completed year was 2022 at -79.20%.

The current 2026 YTD return of +53.39% remains separate from those completed-year statistics.

5-Year Average Return Is Not the Same as 5-Year CAGR

The +50.80% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 5-year cumulative return or compound annual growth rate.

A true 5-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 15-year historical record when interpreting recent-period results.

RECENT 10-YEAR VIEW

ProShares UltraPro QQQ 10-Year Return View

The current ProShares UltraPro QQQ 10-year return view covers 2017 through 2026 YTD.

Within that window, there are 9 completed calendar years.

The average annual price return across those completed years was +69.78%.

The median annual return was +82.98%.

7 of the 9 completed years were non-negative, representing 77.78% of completed observations.

2 completed years were negative, representing 22.22%.

The strongest completed year in the period was 2023 at +193.06%.

The weakest completed year was 2022 at -79.20%.

The current 2026 YTD return of +53.39% remains separate from those completed-year statistics.

10-Year Average Return Is Not the Same as 10-Year CAGR

The +69.78% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 10-year cumulative return or compound annual growth rate.

A true 10-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 15-year historical record when interpreting recent-period results.

MARKET EXTREMES

Best and Worst ProShares UltraPro QQQ Annual Returns

The strongest calendar-year price return in the dataset occurred in 2023 at +193.06%.

The worst annual price return occurred in 2022 at -79.20%.

These extremes are far removed from the full-dataset ProShares UltraPro QQQ average return of +59.84%.

RETURN METHODOLOGY

ProShares UltraPro QQQ Price Return vs. Total Return

Understanding the type of return used on this page is essential.

The historical figures presented here are ProShares UltraPro QQQ price returns.

Price return measures the change in the market price of the asset between periods.

The figures on this page do not include dividends.

Therefore, these results should not be interpreted as ProShares UltraPro QQQ total returns.

A total-return series would incorporate dividends or other distributions according to the methodology of that series.

The chart, historical table, filters, and statistics on this page represent ProShares UltraPro QQQ price performance only.

2026 MARKET RETURN

ProShares UltraPro QQQ Return 2026 YTD

The current dataset shows the ProShares UltraPro QQQ return for 2026 at +53.39% YTD.

Unlike the completed historical calendar-year observations, 2026 is still in progress.

TradingNInvestment therefore displays the 2026 YTD return separately.

It is excluded from calculations such as the historical average, median, best completed year, and worst completed year.

This prevents a partial-year observation from being treated as though it were directly comparable with a completed calendar year.

The 2026 YTD result can change when the underlying verified market data is updated.

STATISTICAL CONTEXT

Why the Median ProShares UltraPro QQQ Annual Return Matters

Average return is one of the most commonly quoted historical stock market statistics.

But the median provides useful additional information.

Across the 15 completed years, the median annual ProShares UltraPro QQQ price return was +56.07%, compared with an average of +59.84%.

The difference indicates that the distribution of historical annual returns is not perfectly symmetrical.

Large negative years can pull the arithmetic average downward.

Average, median, positive-year frequency, negative-year frequency, best year, and worst year together provide a more complete view of historical ProShares UltraPro QQQ returns.

No single statistic captures the entire history.

HISTORICAL FREQUENCY

How Often Have ProShares UltraPro QQQ Returns Been Positive?

The dataset contains 12 non-negative years out of 15 completed years.

That corresponds to 80.00% of completed calendar years.

This is a historical frequency, not a probability forecast.

It would be incorrect to say that ProShares UltraPro QQQ has a 80.00% probability of rising next year simply because 80.00% of these historical observations were non-negative.

Future market conditions can differ substantially from historical conditions.

The statistic describes what occurred across the observed period, not what must happen in the future.

HISTORICAL CONTEXT

Why Study Historical ProShares UltraPro QQQ Returns?

Historical ProShares UltraPro QQQ returns provide context that recent performance alone cannot provide.

A large gain or decline can appear unusual when viewed only against the most recent observations.

Comparing the current period with the available historical distribution helps show how it relates to earlier outcomes.

Historical returns can help investors, researchers, students, and analysts examine how annual performance has varied through the available record.

They can also reduce the tendency to use only recent performance as the reference point for evaluating the current year.

INTERACTIVE RESEARCH

How to Use the ProShares UltraPro QQQ Return Explorer

The TradingNInvestment Return Explorer is designed to make historicalProShares UltraPro QQQ returns easier to investigate.

Instead of presenting only a static chart, the tool allows readers to filter the same verified annual-return dataset.

Readers can examine all available years, non-negative years, negative years, and available historical periods.

The chart, annual-returns table, and summary statistics update from the same selected data.

Readers interested in downside history can examine the 3 negative calendar years in the completed-year dataset.

Readers studying non-negative historical performance can examine the 12 non-negative calendar years in the completed-year dataset.

When sufficient history is available, readers can also use the available period views to focus on more recent performance.

The purpose is not to predict the next ProShares UltraPro QQQ return, but to make the available historical observations easier to explore and understand.

PERIOD SELECTION

Reading ProShares UltraPro QQQ Performance History in Context

One of the biggest risks when studying historical returns is selecting a period that confirms an existing belief.

A short period can appear exceptionally strong or exceptionally weak depending on its starting and ending years.

Using the broader available ProShares UltraPro QQQ history provides additional context for interpreting shorter periods.

Different historical windows can produce different average returns, frequencies of positive and negative years, and extreme outcomes.

None of those periods is inherently the single correct measure of historical performance. They answer different questions about different parts of the available record.

This is why TradingNInvestment provides both the available historical series and interactive period filters.

KEY TAKEAWAY

What the Available ProShares UltraPro QQQ Return History Shows

The dataset contains 15 completed calendar years of ProShares UltraPro QQQ price-return observations.

Of those completed years, 12 were non-negative and 3 were negative.

When completed years were non-negative, the average annual return was +83.73%.

When completed years were negative, the average annual return was -35.71%.

The strongest completed calendar year in the dataset was 2023 at +193.06%, while the weakest was 2022 at -79.20%.

The overall average annual ProShares UltraPro QQQ price return across the 15 completed calendar years was +59.84%.

Together, these statistics provide a broader view of the historical return distribution than the average alone.

The complete ProShares UltraPro QQQ annual-return dataset allows readers to examine the individual yearly observations behind the summary statistics.

TradingNInvestment aims to make market history simple to read, easy to understand, and rigorous enough to support serious market research.

Research Context

ProShares UltraPro QQQ Historical Returns Research

This TNI research page examines ProShares UltraPro QQQ annual price returns by calendar year. The published dataset covers 2011–2025and separates completed historical years from current-year performance.

Annual price return is calculated from the final available closing price of each calendar year relative to the final available closing price of the prior calendar year. The page provides the year-by-year dataset, historical statistics, interactive visualization, and research methodology.

Risk & Due Diligence

Risk & Due Diligence

TQQQ should be evaluated as a leveraged trading instrument with a daily investment objective. A longer holding period can produce results that differ substantially from three times the return of the underlying index. ProShares notes that higher volatility can make these differences more pronounced, while the fund's use of derivatives and leverage can increase volatility and the potential for loss.

Key due-diligence questions include:

  • Daily objective: Is the investor evaluating TQQQ based on the daily exposure it is designed to provide?
  • Compounding: How did the sequence of daily Nasdaq-100 returns affect the cumulative TQQQ result?
  • Volatility: How did periods of high volatility affect the difference between TQQQ and its underlying benchmark?
  • Drawdown: How large were historical declines from previous peaks, and how long did recovery take?
  • Holding period: How did TQQQ perform over individual days, weeks, months, and longer periods?
  • Benchmark comparison: How did the leveraged ETF compare with QQQ over the same synchronized periods?
  • Costs and implementation: How might fund expenses, financing associated with derivatives, trading costs, and the difference between market price and NAV affect an investor's realized result?

Important: Historical returns and drawdowns are observations from the available dataset. They are not forecasts or guarantees of future performance. For broader historical context across major market cycles, explore TNI's stock market historical returns. Investors should review the fund's current prospectus, financial statements, and other official fund documents before making an investment decision.

Official fund facts: ProShares — TQQQ. TNI uses Yahoo Finance historical price and adjusted-close data for the independent return calculations and visualizations on this page.

OFFICIAL FUND FACTS

ProShares UltraPro QQQ (TQQQ)

TQQQ seeks daily investment results, before fees and expenses, corresponding to three times (3×) the daily performance of the Nasdaq-100 Index. The daily target does not imply a fixed 3× return over periods longer than one day.

Daily Target3× Nasdaq-100
InceptionFebruary 9, 2010
DistributionsQuarterly
Gross Expense Ratio0.97%

ProShares notes that returns over periods longer than one day may be higher or lower than the fund's daily target. Compounding, the magnitude of index movements and volatility can cause significant differences.

Official fund facts source: ProShares — TQQQ. TNI uses Yahoo Finance historical price and adjusted-close data for the independent return calculations and visualizations on this page.

TQQQ STOCK LEVERAGED ETF INTELLIGENCE

TQQQ Returns FAQ

Frequently asked questions about historical returns, total return, leverage, compounding, benchmark performance and drawdown risk.

What is TQQQ's historical average annual return?

Across 15 completed calendar years in this dataset, TQQQ's average annual tqqq price return was +59.84%. The current partial year is excluded from this historical average.

What is TQQQ's 5-year return?

Over the latest five completed calendar years (2021–2025), TQQQ produced a cumulative price return of +131.99%, equivalent to an annualized return of +18.33%.

What is TQQQ's 10-year return?

Over the latest ten completed calendar years (2016–2025), TQQQ produced a cumulative price return of +2115.32%, equivalent to an annualized return of +36.31%.

What were TQQQ's best and worst years?

TQQQ's strongest completed calendar year in this dataset was 2023, with a price return of +193.06%. Its weakest was 2022, with a price return of -79.20%.

Does TQQQ's total return include distributions?

Yes. The total-return analysis on this page uses adjusted-close history to incorporate distributions and their reinvestment effect, while the annual price-return series uses historical closing prices. TNI presents both so the two return concepts are not mixed.

How does TQQQ compare with QQQ?

TNI compares TQQQ with QQQ using synchronized historical periods. The page includes year-by-year annual price returns, rolling 10-year annualized returns, and daily adjusted-close drawdowns so the leveraged ETF and its investable comparison can be evaluated on consistent time periods.

Why is TQQQ's long-term return not simply three times QQQ's return?

TQQQ targets leveraged performance on a daily basis rather than promising a fixed multiple over longer holding periods. Daily resetting and compounding mean that the path of returns and market volatility can cause longer-period performance to differ substantially from a simple three-times calculation.

What is volatility drag in a daily leveraged ETF?

Volatility drag describes the compounding effect that can occur when returns fluctuate from day to day. Because percentage losses and gains compound from different portfolio values, repeated market swings can reduce longer-period compounded performance even when the underlying market eventually returns near an earlier level.

How severe have TQQQ's historical drawdowns been?

The drawdown section on this page measures TQQQ and QQQ from synchronized daily adjusted-close data. It reports each series' maximum decline from a running peak, the peak and trough dates, recovery timing, and the percentage gain required to recover from the deepest observed loss in this dataset.

What is the difference between TQQQ and SQQQ?

TQQQ and SQQQ are leveraged ETFs with opposite directional objectives. TQQQ seeks leveraged daily exposure in the same direction as the Nasdaq-100, while SQQQ seeks leveraged daily exposure in the opposite direction. Their long-term results therefore depend on daily market direction, compounding and volatility.

Methodology & Source

How the annual returns are calculated

Annual price return is calculated using the final available close of each calendar year relative to the final available close of the prior calendar year. The current calendar year is shown as YTD and is excluded from completed-year summary statistics.

Data Source: Yahoo Finance — ProShares UltraPro QQQ (TQQQ). Return Type: TQQQ Price Return.

MARKET INTELLIGENCEDELAYED

Latest Market Intelligence

Selected market-moving developments identified by TNI.

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Historical Returns Tell You What Happened Before. See What Is Happening Now.

Historical ProShares UltraPro QQQ returns provide context for long-term market performance, strong years, drawdowns, and changing market conditions. TNI Intelligence tracks current market-moving news and live market intelligence as conditions change.

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