Ultra QQQ - QLD Ultra QQQ

ProShares Ultra QQQ seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Index®.

This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

ProShares Perspective on New SEC Regulations of Mutual Funds and ETFs
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  • Read more about ProShares Geared Nasdaq-100 ETFs.
  • Learn more about considerations for geared investing.

Index/Benchmark Summary

The Nasdaq-100 Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies selected for inclusion are non-financial companies currently not in bankruptcy proceedings with appropriate trading volumes and adjusted market capitalization.

Fundamentals as of 9/30/21

Total Number of Companies 102
Price/Earnings Ratio 32.20
Price/Book Ratio 8.65
Dividend Yield *(%) 0.70
Average Index Market Capitalization $192.69 billion

* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Index Holdings Information as of 9/30/21

Top 10 Index Companies Weight
Apple Inc. 11.02%
Microsoft Corp. 9.98%
Amazon.com Inc. 7.83%
Tesla Inc. 4.53%
Alphabet Inc.-Class C 4.02%
Facebook Inc.-Class A 3.81%
Alphabet Inc.-Class A 3.79%
NVIDIA Corp. 3.71%
PayPal Holdings Inc. 2.19%
Adobe Inc. 1.97%

ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Holdings as of 9/30/21

Index Sector Weightings § Weight
Information Technology 48.40%
Communication Services 19.32%
Consumer Discretionary 17.30%
Health Care 6.62%
Consumer Staples 4.79%
Industrials 2.69%
Utilities 0.87%

§ Sum of weightings may not equal 100% due to rounding.