QLD
ProShares Ultra QQQ
The ProShares Ultra QQQ provides 2x leveraged exposure to a modified market-cap-weighted index of 100 large nonfinancial stocks listed on NASDAQ.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
9.4 B
ASSETS UNDER MGMT
95 bp
EXPENSES
Fund Basics
| Fund sponsor | ProShares |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 19, 2006 |
| Assets (mns) | $9,220 |
| Expense ratio | 95 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 08/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.8% | 28.7% | 36.9% | 38.9% | 19.0% | 30.7% | -- | 23.2% |
| Dividend Yield | 0.0% | 0.2% | 0.5% | 0.5% | 0.2% | 0.3% | -- | 0.9% |
| Total Returns | 14.8% | 28.8% | 37.4% | 39.3% | 19.2% | 31.0% | -- | 24.2% | Ann. Volatility | 52.8% | 47.7% | 41.6% | 43.7% | 46.6% | 44.8% | -- | 44.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.15 | 79% |
| MSCI EAFE | 1.17 | 27% |
| MSCI Emg Mkts | 1.09 | 25% |
Liquidity Measures
| Avg. volume (000) | 3,473 |
| ADV traded (mns) | $460 |
| Turnover | 4.9% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| Recent close | $132.51 |
| 30d moving avg. | $125.61 |
| Annualized volatility | 36.7% |
| Relative strength (RSI) | 63 |
| Short interest | 1.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| QLD (95 bp) Percentile rank | 93 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QLD | 95.0 | 1.6 | 96.6 |
| Peer Avg. | 48.9 | 19.6 | 68.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .