(QLD) ProShares Ultra QQQ - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 13.203m USD | Total Return: 68% in 12m
Avg Turnover: 433M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
ProShares Ultra QQQ (QLD) is a leveraged exchange-traded fund designed to deliver twice the daily performance of the Nasdaq-100 Index. The fund achieves this objective by investing at least 80% of its assets in financial instruments, such as swap agreements and futures contracts, that provide exposure to 100 of the largest non-financial companies listed on the Nasdaq Stock Market.
The underlying index is heavily weighted toward the technology and consumer services sectors, reflecting a business model centered on growth-oriented equities. Because the fund utilizes leverage to amplify daily returns, it is categorized as a non-diversified investment and is primarily intended for short-term trading strategies rather than long-term buy-and-hold positions. Investors can further examine these risk factors and historical performance trends on ValueRay.
- Magnified daily returns driven by 2x leveraged Nasdaq-100 index exposure
- Tech sector earnings growth influences underlying index constituent performance
- Federal Reserve interest rate policy impacts growth stock valuations
- Compounding effects and volatility decay erode long-term fund performance
As of June 12, 2026, the stock is trading at USD 92.18 with a total of 6,449,752 shares traded.
Over the past week, the price has changed by -6.91%,
over one month by -0.09%,
over three months by +35.79% and
over the past year by +68.01%.
ProShares Ultra QQQ has no consensus analysts rating.