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Launches

ProShares Launches First 2x Equal-Weight Nasdaq-100 ETF

ProShares has introduced Ultra QQQ Equal Weight (EQQQ), the first ETF designed to deliver twice the daily performance of the Nasdaq-100 Equal Weighted Index. Unlike the traditional market-cap-weighted Nasdaq-100, the equal-weighted benchmark assigns each constituent the same weight at quarterly rebalances, reducing the influence of mega-cap stocks and increasing exposure to smaller index members. EQQQ expands ProShares’ Nasdaq-focused leveraged ETF lineup, offering investors amplified exposure to a more evenly balanced version of the Nasdaq-100.

At a glance
Beat
Launches
Issuer
ProShares
Region
United States
Filed
23 July 2026

Source: Press Release

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