Nasdaq-100 Leveraged Fund TQQQ Faces Hidden Risk Amid Volatility

ProShares UltraPro QQQ (TQQQ) has delivered a 47.69% gain over the past year and 2,653.53% over the past decade, making it an attractive option for retail investors. However, its daily reset mechanism creates volatility decay in choppy markets, amplified by the rising VIX. This can lead to losses even if the underlying index remains unchanged, making it a risk that investors should be aware of.