(QLD) ProShares Ultra QQQ - Ratings and Ratios

ProShares Ultra QQQ (NYSE ARCA:QLD) is an exchange-traded fund (ETF) that aims to provide daily returns consistent with twice the daily performance of the Nasdaq-100 Index, which comprises 100 of the largest non-financial companies listed on the Nasdaq exchange. The fund achieves this through a leveraged investment strategy, typically allocating at least 80% of its total assets to financial instruments that replicate or have similar economic characteristics to the index components.

Key performance indicators (KPIs) for QLD include its ability to deliver on its daily return objective, its tracking efficiency, and its overall risk profile. Given its leveraged nature, QLD is expected to be highly volatile, with potential for both significant gains and losses. The funds expense ratio, trading volume, and bid-ask spread are also important metrics to consider, as they impact the overall cost and liquidity of the investment. With an AUM of approximately $8.92 billion, QLD is a sizable and liquid ETF, suggesting that it is capable of meeting its investment objectives without significant constraints.

Investors in QLD should be aware that the fund is non-diversified, meaning it may be more susceptible to market fluctuations and company-specific risks compared to a diversified fund. The funds focus on the Nasdaq-100 Index also implies a significant tilt towards technology and growth-oriented stocks, which can be subject to unique market dynamics and sector-specific risks. As such, QLD may be more suitable for sophisticated investors who are comfortable with the potential risks and rewards associated with leveraged equity investing.