In the Spotlight: QQQ ETPs | Leverage Shares

In Week 39 of the year (ending September 30), the Nasdaq 100 rose 0.10% in while it fell by 3.30% in Week 38. In the week that passed, the tech sector has been the primary factor in the fractional rise in the index:

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As of the end of September, the index is heavily skewed towards select sectors: over 74% of the index’s weight in the 100-constituent index is in 53 companies broadly in the Technology and Electric Vehicle (EV) space.

As far as overall market outlook goes, the US technology sector holds most of the US economy’s perceived potential. Thus, it also holds a significant proportion of investor conviction. Given this massive concentration, an investing strategy built on American tech considers the Nasdaq-100 to be a viable, evergreen, diversified yet tech-driven fundamental holding.

It’s clearly evident that tech sector convictions are waxing and waning in short periods. To monetize on opportunities based on the trajectories exhibited by the Nasdaq-100, two ETPs by Leverage Shares offer professional investors the maximum exposure to capitalise on short-term trends: QQ3S offers a 3X daily-rebalanced exposure to the downside of the index while QQQ5 offers a 5X exposure to the upside. To balance or even hedge QQ3S exposure, another “upside” alternative is the QQL3, which offers a 3X exposure.

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