"Shares of the Invesco QQQ Trust (NASDAQ:QQQ) are having a good week, coinciding with a surge in retail investor sentiment on Reddit and X. The fund now carries a social sentiment score of 90, one of the highest readings tracked across all ETFs and stocks. This optimism centers on aggressive options positioning, particularly in the 3x leveraged ProShares UltraPro QQQ (NASDAQ:TQQQ), where traders are betting on near-term upside."
"QQQ delivered 17% returns over the past year and 92% over five years, outpacing the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), which returned 13% and 80% respectively. The fund's 50.9% allocation to Information Technology and heavy concentration in AI infrastructure (NVIDIA and other AI infrastructure companies) positions it to capture growth in the dominant secular trend. With a net expense ratio of 0.18% and $407 billion in assets under management, QQQ offers liquidity and cost efficiency that active managers struggle to match."
Shares of the Invesco QQQ Trust are rising alongside a surge in retail investor sentiment on Reddit and X, reflected by a social sentiment score of 90. Retail traders are concentrating on aggressive options positioning, especially in the 3x leveraged ProShares UltraPro QQQ (TQQQ). A viral Reddit post described a trader turning $800 into $49,000 using zero-day-to-expiration (0DTE) call options. TQQQ option volumes ranged from 241,000 to 392,000 contracts last week, with calls as high as 66% of activity. QQQ has shown 17% one-year and 92% five-year returns, holds 50.9% in Information Technology, charges a 0.18% expense ratio, and manages $407 billion in assets.
Read at 24/7 Wall St.
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