# Tradr 2X Long Innovation 100 Monthly ETF (MQQQ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mqqq for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Tradr · Asset class: Leveraged/Inverse - Strategy: Leveraged · Inception: 2024-08-30 MQQQ provides 2x leveraged exposure to the monthly performance of QQQ, an ETF composed of 100 NASADAQ-listed stocks. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of QQQ. Unlike traditional ETFs, MQQQ introduces added volatility due to its lack of diversification and use of leverage. Holdings are rebalanced at month-end to maintain the 200% exposure. However, if QQQs price drops by 35% or more within a month, the fund will rebalance early to protect against further losses, although this may prevent it... ## Key Facts | Metric | Value | |---|---| | Price | $216.99 | | Expense Ratio | 0.95% | | Assets Under Management | $234.8M | | NAV | $217.01 | | Holdings Count | 0 | | Distribution Yield (TTM) | 1.69% | | Annual Distribution (TTM) | $3.66 /share | | Distribution Frequency | Annual | | 52-Week Range | $145.39 – $255.64 | | Beta | 2.65 | ## Latest Distribution - Amount: $3.6589 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-26 ## Frequently Asked Questions ### What does MQQQ invest in? MQQQ provides 2x leveraged exposure to the monthly performance of QQQ, an ETF composed of 100 NASADAQ-listed stocks. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of QQQ. Unlike traditional ETFs, MQQQ introduces added volatility due to its lack of diversification and use of leverage. Holdings are rebalanced at month-end to maintain the 200% exposure. However, if QQQs price drops by 35% or more within a month, the fund will rebalance early to protect against further losses, although this may prevent it from meeting its target return for that month. To maximize results, the fund places its remaining cash in US government securities, money market funds, short-term bond ETFs, or high-quality corporate debt as collateral. Before May 16, 2025, the fund was named Tradr 2X Long Triple Q Monthly ETF. ### What is the expense ratio of MQQQ? Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MQQQ's dividend yield? MQQQ's trailing-twelve-month yield is 1.69%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MQQQ? Effective duration measures MQQQ's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MQQQ's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MQQQ? MQQQ's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of MQQQ? Yield to maturity (YTM) is the total return you'd earn from MQQQ if every bond in the portfolio is held to maturity at the current price. MQQQ's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does MQQQ pay a dividend? Yes, Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) distributes dividends to shareholders. The trailing-twelve-month yield is 1.69%. Full dividend history is on this page. ### How often does MQQQ pay dividends? Tradr 2X Long Innovation 100 Monthly ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MQQQ's next ex-dividend date? The most recently announced ex-dividend date for MQQQ was 2025-12-23. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MQQQ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.95% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MQQQ charge its expense ratio? The expense ratio is deducted in tiny daily slices from MQQQ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MQQQ cost more than a fund like VOO? MQQQ is a leveraged fund (current expense ratio 0.95%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to MQQQ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MQQQ (0.95%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mqqq - Distribution history: https://www.dividenddata.com/funds/mqqq/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mqqq/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mqqq/expenses - Peer comparison: https://www.dividenddata.com/funds/mqqq/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.