TQQQ Pays Interest on $2 of Every $3 It Holds: The Financing Charge the 0.82% Fee Never Mentions
TQQQ's 0.82% expense ratio tells only a fraction of what the fund actually costs to own. The charge that matters most never appears on the fact sheet, and at today's rates it dwarfs everything ProShares puts in writing.
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The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo