

The technology sector has done well in the past decade, with the Nasdaq 100 Index beating its top peers like the S&P 500 and the Dow Jones. This article explores the outcome if one had invested $10,000 in the Invesco QQQ ETF (QQQ), ProShares UltraPro QQQ (TQQQ), and ProShares UltraPro Short QQQ (SQQQ) five years ago.

“We've never had people in a more gambling mood than now,” Warren Buffett told CNBC on May 2, 2026, during Berkshire Hathaway's annual meeting.

A recent Odd Lots podcast segment with Tracy Alloway and Joe Weisenthal spotlighted a story that has quietly reshaped market structure in 2026: the explosive growth of

Some say traders who gravitate toward these products see big swings in the underlying stocks as a feature, not a bug.

If you bought ProShares UltraPro QQQ (NASDAQ:TQQQ) expecting a clean 3x version of the Nasdaq-100, look at the last five years.

The Invesco QQQ Trust (QQQ) is one of the most popular ETFs among options traders.

The stock market has rewarded risk-taking for much of the past three years.

If you bought ProShares UltraPro QQQ (NASDAQ:TQQQ) thinking you were getting three times the Nasdaq-100, the math has a quiet message for you: over the past five years, the underlying index ETF returned 103.96%, and TQQQ returned 164.72%.