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ProShares launches two new ETFs
ETFs provider ProShares announced [https://seekingalpha.com/pr/20135212-proshares-launches-first-etfs-to-target-2x-and-minus-2x-daily-returns-of-nasdaqminus-100-mega] on Thursday the launch of two new exchange-traded funds, ProShares Ultra Top QQQ (NASDAQ:QQUP [https://seekingalpha.com/symbol/QQUP]) and ProShares UltraShort Top QQQ (NASDAQ:QQDN [https://seekingalpha.com/symbol/QQDN]).
QQUP targets 2x daily returns of the Nasdaq-100 Mega Index, while QQDN targets -2x daily returns of the same index.
