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Sandeep Rao

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Tech Swings Create Opportunities via QQQ ETPs

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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:

Websim is the retail division of Intermonte, the primary intermediary of the Italian stock exchange for institutional investors. Leverage Shares often features in its speculative analysis based on macros/fundamentals. However, the information is published in Italian. To provide better information for our non-Italian investors, we bring to you a quick translation of the analysis they present to Italian retail investors. To ensure rapid delivery, text in the charts will not be translated. The views expressed here are of Websim. Leverage Shares in no way endorses these views. If you are unsure about the suitability of an investment, please seek financial advice. View the original at

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.

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

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An investment in the promoted ETPs may only be made based on the ETPs´ legal documentation and will be subject to terms and conditions contained therein.

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