SSO, in contrast, tracks the S&P 500 with 2x leverage, spreading risk across 503 holdings. Compared to TQQQ, it's less tilted toward technology at 35%, with other allocations toward financials at 14% ...
SPXL and TQQQ both offer daily 3x leveraged exposure, but SPXL focuses on the S&P 500 while TQQQ targets the tech-heavy Nasdaq-100, leading to deeper drawdowns for TQQQ.