ProShares UltraPro QQQ (TQQQ) is trading at $39.38, which is -34.5% below its all-time high of $60.11. The Drawdown Severity Score is 6.1, placing it in the red (severe) zone. Over its tracked history, TQQQ has experienced 181 significant drawdown events with an average maximum drawdown of -7.1%.

Data last updated: March 31, 2026 at 04:24 PM EDT

TQQQ

Stock

ProShares UltraPro QQQ

Price

$39.38

as of Mar 31, 2026

All Time High: $60.11

🔴

Strong

Current Drawdown

-34.5%

Days in Drawdown

153

Avg Max Drawdown

7.1%

Avg Length

29

Drawdown Severity Score™

6.1

TQQQ - Price & High Water Mark

TQQQ - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

ProShares UltraPro QQQ (TQQQ) Analysis: Current Drawdown Insights

ProShares UltraPro QQQ is currently experiencing an unusual drawdown opportunity. As of 2026-03-31, the stock is trading at $39.38, which represents a 34.5% decline from its all-time high of $60.11. This drawdown has persisted for 153 days.

Based on comprehensive historical analysis spanning 14 years, ProShares UltraPro QQQ typically experiences drawdowns averaging 7.1% in depth, with an average duration of 29 days. ProShares UltraPro QQQ has gone through 181 total drawdown events in the last 14 years. The largest drawdown for ProShares UltraPro QQQ in the last 14 years was 81.7%. The longest drawdown duration in its history was 1109 days.

The Drawdown Severity Score™ for ProShares UltraPro QQQ currently stands at 6.10. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown—the asset seldom sees declines at this level. This may represent a buying opportunity for value-focused investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing ProShares UltraPro QQQ's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 181 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2025-10-29Ongoing153 days-34.5%$60.11$39.38
2025-10-092025-10-2416 days-10.8%$54.27$48.38$55.10
2025-10-072025-10-082 days-1.6%$53.35$52.49$54.27
2025-10-032025-10-064 days-1.4%$52.90$52.18$53.35
2025-09-232025-10-019 days-4.4%$52.14$49.86$52.26
2025-09-162025-09-183 days-0.9%$49.41$48.96$50.28
2025-08-142025-09-1129 days-8.8%$47.23$43.06$47.59
2024-12-172025-08-12238 days-58.0%$46.03$19.31$47.16
2024-12-122024-12-132 days-2.0%$44.06$43.18$44.11
2024-12-092024-12-113 days-3.4%$43.29$41.82$44.06
2024-12-052024-12-062 days-0.8%$42.56$42.21$43.29
2021-11-222024-12-041109 days-81.7%$42.30$7.76$42.56
2021-11-082021-11-1811 days-6.7%$40.73$37.98$41.59
2021-09-082021-10-2851 days-21.7%$36.31$28.42$36.51
2021-09-022021-09-032 days-0.1%$35.89$35.84$36.16
2021-08-312021-09-012 days-0.3%$35.80$35.70$35.89
2021-08-262021-08-272 days-1.7%$34.24$33.66$34.65
2021-08-062021-08-2318 days-6.0%$33.01$31.01$33.87
2021-07-272021-08-0510 days-3.3%$32.74$31.67$33.01
2021-07-152021-07-228 days-6.8%$31.38$29.26$31.56
2021-07-132021-07-142 days-0.1%$31.23$31.21$31.38
2021-07-082021-07-125 days-1.7%$30.86$30.33$31.23
2021-06-302021-07-023 days-0.4%$29.38$29.25$30.26
2021-06-252021-06-284 days-0.3%$28.15$28.06$29.05
2021-06-182021-06-225 days-2.4%$27.00$26.36$27.59
2021-06-152021-06-173 days-2.9%$26.81$26.03$27.00
2021-04-192021-06-1457 days-21.1%$26.70$21.07$26.81
2021-04-142021-04-152 days-3.5%$26.39$25.46$26.59
2021-02-162021-04-1356 days-30.4%$26.29$18.29$26.39
2021-02-092021-02-113 days-0.8%$25.64$25.44$25.85
2021-01-272021-02-049 days-12.5%$24.69$21.60$24.88
2021-01-222021-01-254 days-0.9%$24.22$24.00$24.67
2021-01-112021-01-2010 days-6.8%$22.72$21.18$23.63
2021-01-042021-01-074 days-6.0%$21.71$20.40$21.87
2020-12-302020-12-312 days-0.0%$21.54$21.54$21.71
2020-12-182020-12-2811 days-2.2%$21.04$20.58$21.48
2020-09-032020-12-17106 days-35.4%$20.84$13.47$21.04
2020-08-272020-08-282 days-0.9%$18.71$18.54$18.83
2020-08-192020-08-202 days-2.0%$16.19$15.87$16.53
2020-08-072020-08-1711 days-10.0%$15.67$14.11$15.73
2020-07-212020-08-0314 days-12.4%$14.49$12.69$14.78
2020-07-132020-07-208 days-6.2%$14.11$13.23$14.49
2020-02-202020-07-10141 days-69.9%$14.10$4.24$14.11
2020-02-132020-02-142 days-0.4%$13.64$13.58$13.68
2020-02-072020-02-104 days-1.3%$12.94$12.78$13.24
2020-01-242020-02-0412 days-8.6%$12.11$11.07$12.49
2020-01-212020-01-222 days-0.1%$11.93$11.92$12.00
2020-01-142020-01-163 days-1.2%$11.56$11.43$11.75
2020-01-102020-01-134 days-0.8%$11.26$11.17$11.56
2020-01-032020-01-086 days-2.7%$10.85$10.55$10.99
2019-12-272020-01-027 days-2.3%$10.51$10.27$10.85

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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TQQQ Drawdown History Data (50 events)
Start DateEnd DateMax DrawdownDuration (Days)Start PriceLowest Price
2025-10-092025-10-24-10.8%16$54.27$48.38
2025-10-072025-10-08-1.6%2$53.35$52.49
2025-10-032025-10-06-1.4%4$52.90$52.18
2025-09-232025-10-01-4.4%9$52.14$49.86
2025-09-162025-09-18-0.9%3$49.41$48.96
2025-08-142025-09-11-8.8%29$47.23$43.06
2024-12-172025-08-12-58.0%238$46.03$19.31
2024-12-122024-12-13-2.0%2$44.06$43.18
2024-12-092024-12-11-3.4%3$43.29$41.82
2024-12-052024-12-06-0.8%2$42.56$42.21
2021-11-222024-12-04-81.7%1109$42.30$7.76
2021-11-082021-11-18-6.7%11$40.73$37.98
2021-09-082021-10-28-21.7%51$36.31$28.42
2021-09-022021-09-03-0.1%2$35.89$35.84
2021-08-312021-09-01-0.3%2$35.80$35.70
2021-08-262021-08-27-1.7%2$34.24$33.66
2021-08-062021-08-23-6.0%18$33.01$31.01
2021-07-272021-08-05-3.3%10$32.74$31.67
2021-07-152021-07-22-6.8%8$31.38$29.26
2021-07-132021-07-14-0.1%2$31.23$31.21