Yes, TQQQ is a holding. It is an exchange-traded fund (ETF) that seeks to provide investors with three times (3x) the daily performance of the Nasdaq-100 Index®. The ETF's holdings are designed to correspond to three times the daily performance of the underlying benchmark index. Therefore, TQQQ is best suited for active traders who want to take advantage of short-term movements in the market.
However, it is important to note that investors should monitor their holdings as frequently as daily and consult the prospectus for further details on the calculation of returns and the risks associated with investing in this product.