QLD
ProShares Ultra QQQ

Price: $98.99
Change: $1.01 (0.01%)
Category: Leveraged Equities
Last Updated:

Vitals

Brand ProShares
Structure ETF
Expense Ratio 0.95%
ETF Home Page Home page
Inception Jun 19, 2006
Index Tracked NASDAQ-100 Index (-200%)

Analyst Report

This ETF offers 2x daily long leverage to the NASDAQ-100 Index, making it a powerful tool for investors with a bullish short-term outlook for technology equities. Investors should note that QLD’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. QLD can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

ETF Database Themes

Leveraged 2x
Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Growth
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Leveraged Equity: U.S. - Large Cap
Category Size and Style
Focus Large Cap
Niche Broad-based
Strategy Exchange-specific
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $53.63
  • 52 Week Hi $99.69
  • AUM $6,662.9 M
  • Shares 70.8 M

Historical Trading Data

  • 1 Month Avg. Volume 2,080,200
  • 3 Month Avg. Volume 3,023,391

Alternative ETFs in the ETF Database Leveraged Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPUU 0.61% $127.9 M 19,415 26.66%
Largest (AUM) TQQQ 0.88% $22.4 B 60 M 44.71%
Most Liquid (Volume) SOXL 0.76% $11.7 B 61 M 93.97%
Top YTD Performer NVDL 1.15% $3.6 B 17 M 422.52%

Alternative ETFs in the FactSet Leveraged Equity: U.S. - Large Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPUU 0.61% $127.9 M 19,415 26.66%
Largest (AUM) TQQQ 0.88% $22.4 B 60 M 44.71%
Most Liquid (Volume) TQQQ 0.88% $22.4 B 60 M 44.71%
Top YTD Performer TQQQ 0.88% $22.4 B 60 M 44.71%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

QLD ETF Database Category Average FactSet Segment Average
Number of Holdings 106 86 54
% of Assets in Top 10 56.05% 67.47% 82.14%
% of Assets in Top 15 64.72% 70.76% 83.66%
% of Assets in Top 50 89.02% 78.53% 87.54%

Size Comparison

QLD ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 3.00% 3.99%
Mid (>2.7B) N/A 0.54% 0.05%
Small (>600M) N/A 0.01% 0.00%
Micro (<600M) N/A 0.00% 0.00%

QLD Valuation

This section compares the P/E ratio of this ETF to its peers.

QLD
P/E Ratio
0.04
ETF Database Category Average
P/E Ratio
0.02
FactSet Segment Average
P/E Ratio
0.01

QLD Dividend

This section compares the dividend yield of this ETF to its peers.

QLD ETF Database Category Average FactSet Segment Average
Dividend $ 0.06 $ 0.29 $ 0.04
Dividend Date 2024-03-20 N/A N/A
Annual Dividend Rate $ 0.31 $ 0.54 $ 0.12
Annual Dividend Yield 0.32% 2.16% 0.14%

QLD Price and Volume Charts

View charts featuring QLD price and volume data.

QLD Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -18.4 M 1 Month Net Flows: 112.21 M 3 Month Net Flows: -44.12 M 6 Month Net Flows: -215.56 M 1 Year Net Flows: -589.03 M 3 Year Net Flows: 604.64 M 5 Year Net Flows: 2.58 B 10 Year Net Flows: 2.24 B

QLD Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.