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QQQPTradr 2X Long Innovation 100 Quarterly ETF

Take a bet1y track recordRanked #654 of 775 in this goal

Seeks 200% quarterly performance of the Invesco QQQ Trust.

By AXS · Launched 2024

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$23M

#4,263 of 5,562 · small

Return (1Y)Goal

+73.0%

Track Record

1 year

#3,856 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$17,294+72.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Focus

Single Stock

Index tracked

Nasdaq-100 Index

What it actually holds

By weight

Concentration

Top 4 holdings = 62.7% of fundconcentrated

INVESCO QQQ TRUST SERIES 1
47.7%
CFD INVESCO QQQ TRUST SERIES 1
9.6%
CFD INVESCO QQQ TRUST SERIES 1
5.8%
CFD INVESCO QQQ TRUST SERIES 1
-0.3%

Asset allocation

Stocks
72.7%
Cash
27.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
34.2%High

Year-on-year price swings

Max drawdown
-42.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks 200% quarterly performance of the Invesco QQQ Trust.
Strategy
Invests primarily in financial instruments providing 2x leveraged exposure to the Invesco QQQ Trust, including swaps, options, and futures. Actively managed to achieve quarterly objectives, with rebalancing based on performance triggers.
Inception date
September 30, 2024
Fund family
AXS

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19