QLD
Ultra QQQ
Investment Objective
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®.
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Fund detail sections
Common uses for magnified exposure
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
30 Day Daily Return
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 6/30/2025
| Fund | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| QLD Market Price | 12.52% | 32.58% | 8.90% | 8.90% | 18.22% | 42.05% | 26.31% | 29.29% | 24.17% | 06/19/2006 |
| QLD NAV | 12.39% | 32.62% | 8.96% | 8.96% | 18.27% | 42.08% | 26.27% | 29.30% | 24.17% | 06/19/2006 |
| Fund | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| QLD Market Price | 12.52% | 32.58% | 8.90% | 8.90% | 18.22% | 42.05% | 26.31% | 29.29% | 24.17% | 06/19/2006 |
| QLD NAV | 12.39% | 32.62% | 8.96% | 8.96% | 18.27% | 42.08% | 26.27% | 29.30% | 24.17% | 06/19/2006 |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker QLD
- Intraday Ticker QLD.IV
- CUSIP 74347R206
- Inception Date 6/19/06
- Gross Expense Ratio 0.97%
- Net Expense Ratio 0.95%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Price
as of 7/25/2025- NAV $123.43
- NAV Change $+0.50
- Market Price $123.45
- Market Price Change $+0.49
- Trading Volume (M) 2,182,285
- 30-Day Median Bid Ask Spread 0.01%
- View Premium / Discount
Snapshot
- Ticker QLD
- Intraday Ticker QLD.IV
- CUSIP 74347R206
- Inception Date 6/19/06
- Expense Ratio 0.95%
- Gross Expense Ratio 0.97%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Price
as of 7/25/2025- NAV $123.43
- NAV Change $+0.50
- Market Price $123.45
- Market Price Change $+0.49
- Trading Volume (M) 2,182,285
- 30-Day Median Bid Ask Spread 0.01%
- View Premium / Discount
Expenses with Contractual Waiver through September 30, 2025. Without the fee waiver performance would likely be lower.
Exposures
Index as of 6/30/2025
ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.
Holdings
as of 7/25/2025
| Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 7.18% | NVDA | NVIDIA CORP | -- | $649,481,982.00 | 3,743,412 | 2379504 |
| 6.48% | MSFT | MICROSOFT CORP | -- | $585,778,375.90 | 1,140,290 | 2588173 |
| 5.42% | AAPL | APPLE INC | -- | $490,091,476.20 | 2,291,432 | 2046251 |
| 4.17% | AMZN | AMAZON.COM INC | -- | $376,956,742.80 | 1,628,745 | 2000019 |
| 3.83% | AVGO | BROADCOM INC | -- | $346,205,342.80 | 1,193,071 | BDZ78H9 |
| 2.63% | META | META PLATFORMS INC-CLASS A | -- | $237,389,431.90 | 333,094 | B7TL820 |
| 2.10% | NFLX | NETFLIX INC | -- | $189,623,289.20 | 160,631 | 2857817 |
| 1.95% | TSLA | TESLA INC | -- | $176,480,002.50 | 558,375 | B616C79 |
| 1.91% | GOOGL | ALPHABET INC-CL A | -- | $172,489,649.30 | 892,896 | BYVY8G0 |
| 1.80% | GOOG | ALPHABET INC-CL C | -- | $162,544,329.00 | 837,512 | BYY88Y7 |
| 1.73% | COST | COSTCO WHOLESALE CORP | -- | $156,662,964.60 | 167,468 | 2701271 |
| 1.50% | PLTR | PALANTIR TECHNOLOGIES INC-A | -- | $135,636,161.60 | 854,132 | BN78DQ4 |
| 1.15% | TMUS | T-MOBILE US INC | -- | $104,378,954.20 | 428,573 | B94Q9V0 |
| 1.14% | CSCO | CISCO SYSTEMS INC | -- | $102,670,805.60 | 1,494,698 | 2198163 |
| 1.13% | AMD | ADVANCED MICRO DEVICES | -- | $101,879,307.10 | 611,998 | 2007849 |
| 1.10% | -- | B 09/09/25 | -- | $99,491,465.00 | 100,000,000 | -- |
| 1.09% | -- | B 11/18/25 | -- | $98,673,819.00 | 100,000,000 | -- |
| 0.93% | LIN | LINDE PLC | -- | $84,020,730.75 | 177,675 | BNZHB81 |
| 0.92% | INTU | INTUIT INC | -- | $82,751,103.60 | 105,288 | 2459020 |
| 0.82% | PEP | PEPSICO INC | -- | $74,237,239.85 | 517,513 | 2681511 |
| 0.77% | BKNG | BOOKING HOLDINGS INC | -- | $69,175,540.14 | 12,282 | BDRXDB4 |
| 0.74% | ISRG | INTUITIVE SURGICAL INC | -- | $67,082,420.10 | 135,285 | 2871301 |
| 0.73% | QCOM | QUALCOMM INC | -- | $65,647,137.60 | 414,439 | 2714923 |
| 0.70% | TXN | TEXAS INSTRUMENTS INC | -- | $63,433,440.98 | 342,902 | 2885409 |
| 0.69% | AMGN | AMGEN INC | -- | $62,222,557.06 | 202,957 | 2023607 |
| 0.66% | ADBE | ADOBE INC | -- | $59,640,573.06 | 160,869 | 2008154 |
| 0.63% | SHOP | SHOPIFY INC - CLASS A | -- | $57,210,923.12 | 459,784 | BXDZ9Z0 |
| 0.62% | AMAT | APPLIED MATERIALS INC | -- | $56,245,872.38 | 302,902 | 2046552 |
| 0.60% | GILD | GILEAD SCIENCES INC | -- | $54,558,224.00 | 469,520 | 2369174 |
| 0.60% | HON | HONEYWELL INTERNATIONAL INC | -- | $54,396,139.20 | 242,580 | 2020459 |
| 0.57% | PANW | PALO ALTO NETWORKS INC | -- | $51,159,603.41 | 251,683 | B87ZMX0 |
| 0.55% | -- | B 10/28/25 | -- | $49,459,500.00 | 50,000,000 | -- |
| 0.52% | CMCSA | COMCAST CORP-CLASS A | -- | $47,344,582.24 | 1,405,718 | 2044545 |
| 0.52% | ADP | AUTOMATIC DATA PROCESSING | -- | $47,286,745.45 | 153,215 | 2065308 |
| 0.52% | MU | MICRON TECHNOLOGY INC | -- | $46,932,360.76 | 421,826 | 2588184 |
| 0.52% | LRCX | LAM RESEARCH CORP | -- | $46,812,481.92 | 482,802 | BSML4N7 |
| 0.50% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $45,522,235.20 | 96,928 | 2931034 |
| 0.50% | MELI | MERCADOLIBRE INC | -- | $45,209,948.16 | 19,136 | B23X1H3 |
| 0.50% | KLAC | KLA CORP | -- | $45,026,920.26 | 49,914 | 2480138 |
| 0.49% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $43,988,691.28 | 94,009 | BJJP138 |
| 0.47% | ADI | ANALOG DEVICES INC | -- | $42,672,508.56 | 187,308 | 2032067 |
| 0.47% | APP | APPLOVIN CORP-CLASS A | -- | $42,291,219.60 | 116,140 | BMV3LG4 |
| 0.46% | SNPS | SYNOPSYS INC | -- | $42,015,259.75 | 69,845 | 2867719 |
| 0.45% | SBUX | STARBUCKS CORP | -- | $40,499,853.86 | 428,933 | 2842255 |
| 0.43% | MSTR | MICROSTRATEGY INC-CL A | -- | $38,877,361.87 | 95,783 | 2974329 |
| 0.43% | CEG | CONSTELLATION ENERGY | -- | $38,725,177.65 | 118,299 | BMH4FS1 |
| 0.42% | DASH | DOORDASH INC - A | -- | $37,608,461.44 | 150,482 | BN13P03 |
| 0.38% | -- | THOMSON REUTERS CORP COMMON STOCK CAD 0 | -- | $34,563,917.05 | 169,889 | -- |
| 0.38% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $34,494,351.66 | 488,727 | B8CKK03 |
| 0.38% | CDNS | CADENCE DESIGN SYS INC | -- | $34,235,169.21 | 103,059 | 2302232 |
| 0.38% | INTC | INTEL CORP | -- | $34,081,163.10 | 1,646,433 | 2463247 |
| 0.38% | CTAS | CINTAS CORP | -- | $34,072,556.04 | 152,409 | 2197137 |
| 0.35% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $31,510,877.94 | 322,659 | B65LWX6 |
| 0.33% | FTNT | FORTINET INC | -- | $30,283,126.92 | 288,906 | B5B2106 |
| 0.33% | PDD | PDD HOLDINGS INC | -- | $29,862,311.05 | 252,109 | BYVW0F7 |
| 0.32% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $28,854,950.02 | 103,382 | 2210614 |
| 0.32% | PYPL | PAYPAL HOLDINGS INC | -- | $28,625,054.36 | 367,082 | BYW36M8 |
| 0.28% | CSX | CSX CORP | -- | $25,355,806.80 | 709,055 | 2160753 |
| 0.27% | ADSK | AUTODESK INC | -- | $24,497,138.72 | 80,774 | 2065159 |
| 0.27% | MRVL | MARVELL TECHNOLOGY INC | -- | $24,150,679.77 | 325,437 | BNKJSM5 |
| 0.26% | ASML | ASML HOLDING NV-NY REG SHS | -- | $23,464,848.75 | 32,991 | B908F01 |
| 0.25% | ABNB | AIRBNB INC-CLASS A | -- | $23,020,529.48 | 162,908 | BMGYYH4 |
| 0.25% | ROP | ROPER TECHNOLOGIES INC | -- | $22,848,883.46 | 40,582 | 2749602 |
| 0.25% | REGN | REGENERON PHARMACEUTICALS | -- | $22,561,164.60 | 40,066 | 2730190 |
| 0.25% | MNST | MONSTER BEVERAGE CORP | -- | $22,329,309.96 | 368,106 | BZ07BW4 |
| 0.24% | AEP | AMERICAN ELECTRIC POWER | -- | $22,137,067.49 | 201,631 | 2026242 |
| 0.24% | AXON | AXON ENTERPRISE INC | -- | $21,598,268.85 | 29,385 | BDT5S35 |
| 0.24% | NXPI | NXP SEMICONDUCTORS NV | -- | $21,291,594.66 | 95,354 | B505PN7 |
| 0.23% | FAST | FASTENAL CO | -- | $20,676,943.75 | 433,025 | 2332262 |
| 0.22% | PCAR | PACCAR INC | -- | $20,125,587.65 | 198,145 | 2665861 |
| 0.22% | PAYX | PAYCHEX INC | -- | $20,119,832.46 | 135,954 | 2674458 |
| 0.22% | WDAY | WORKDAY INC-CLASS A | -- | $19,708,820.46 | 81,529 | B8K6ZD1 |
| 0.20% | DDOG | DATADOG INC - CLASS A | -- | $18,069,804.96 | 120,594 | BKT9Y49 |
| 0.19% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $17,341,233.72 | 173,343 | BYQQ3P5 |
| 0.19% | BKR | BAKER HUGHES CO | -- | $17,220,765.90 | 373,958 | BDHLTQ5 |
| 0.19% | ROST | ROSS STORES INC | -- | $17,169,242.94 | 124,118 | 2746711 |
| 0.19% | IDXX | IDEXX LABORATORIES INC | -- | $17,156,342.45 | 30,355 | 2459202 |
| 0.19% | KDP | KEURIG DR PEPPER INC | -- | $17,055,632.61 | 512,643 | BD3W133 |
| 0.19% | CPRT | COPART INC | -- | $17,025,555.19 | 364,651 | 2208073 |
| 0.19% | ZS | ZSCALER INC | -- | $16,818,233.90 | 58,767 | BZ00V34 |
| 0.19% | EXC | EXELON CORP | -- | $16,762,301.52 | 381,048 | 2670519 |
| 0.18% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $16,410,555.00 | 52,980 | BZ6VT82 |
| 0.18% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $16,345,593.60 | 224,960 | 2989044 |
| 0.18% | FANG | DIAMONDBACK ENERGY INC | -- | $15,947,446.19 | 110,279 | B7Y8YR3 |
| 0.17% | XEL | XCEL ENERGY INC | -- | $15,817,936.68 | 217,698 | 2614807 |
| 0.17% | VRSK | VERISK ANALYTICS INC | -- | $15,731,990.04 | 52,799 | B4P9W92 |
| 0.17% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $15,454,259.50 | 68,762 | 2122117 |
| 0.16% | CSGP | COSTAR GROUP INC | -- | $14,804,635.77 | 159,241 | 2262864 |
| 0.16% | TTD | TRADE DESK INC/THE -CLASS A | -- | $14,570,494.86 | 169,149 | BD8FDD1 |
| 0.16% | EA | ELECTRONIC ARTS INC | -- | $14,356,663.68 | 94,651 | 2310194 |
| 0.16% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $14,265,220.20 | 186,060 | 2257019 |
| 0.16% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $14,090,879.16 | 203,596 | 2592174 |
| 0.15% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $13,413,181.08 | 172,828 | BL6JPG8 |
| 0.15% | ODFL | OLD DOMINION FREIGHT LINE | -- | $13,327,933.85 | 79,765 | 2656423 |
| 0.15% | DXCM | DEXCOM INC | -- | $13,170,608.99 | 148,001 | B0796X4 |
| 0.14% | KHC | KRAFT HEINZ CO/THE | -- | $12,812,130.36 | 446,727 | BYRY499 |
| 0.14% | TEAM | ATLASSIAN CORP-CL A | -- | $12,661,516.00 | 62,372 | BQ1PC76 |
| 0.14% | WBD | WARNER BROS DISCOVERY INC | -- | $12,597,461.13 | 933,837 | BM8JYX3 |
| 0.11% | LULU | LULULEMON ATHLETICA INC | -- | $9,527,650.60 | 43,420 | B23FN39 |
| 0.10% | CDW | CDW CORP/DE | -- | $9,003,382.56 | 49,704 | BBM5MD6 |
| 0.10% | ON | ON SEMICONDUCTOR | -- | $8,977,991.60 | 157,730 | 2583576 |
| 0.09% | GFS | GLOBALFOUNDRIES INC | -- | $8,343,666.08 | 208,696 | BMW7F63 |
| 0.09% | ARM | ARM HOLDINGS PLC-ADR | -- | $8,239,432.32 | 50,496 | BNSP5P7 |
| 0.08% | BIIB | BIOGEN INC | -- | $7,273,976.64 | 55,307 | 2455965 |
| 21.57% | -- | POWERSHARES QQQ (QQQ) SWAP GOLDMAN SACHS INTERNATIONAL | 1,949,666,954 | -- | 216,037 | -- |
| 11.08% | -- | NASDAQ 100 INDEX SWAP NOMURA CAPITAL | 1,001,986,724 | -- | 43,055 | -- |
| 10.85% | -- | NASDAQ 100 INDEX SWAP SOCIETE GENERALE | 980,483,165 | -- | 42,131 | -- |
| 10.70% | -- | NASDAQ 100 INDEX SWAP JPMORGAN CHASE BANK NA | 967,078,349 | -- | 41,555 | -- |
| 10.32% | -- | NASDAQ 100 INDEX SWAP BNP PARIBAS | 932,914,686 | -- | 40,087 | -- |
| 10.22% | -- | NASDAQ 100 INDEX SWAP BANK OF AMERICA NA | 923,815,236 | -- | 39,696 | -- |
| 9.81% | -- | NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL | 886,509,819 | -- | 38,093 | -- |
| 9.13% | -- | NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL | 825,001,263 | -- | 35,450 | -- |
| 9.07% | -- | NASDAQ 100 INDEX SWAP CITIBANK NA | 819,951,184 | -- | 35,233 | -- |
| 8.23% | -- | NASDAQ 100 E-MINI EQUITY INDEX 19/SEP/2025 NQU5 INDEX | 744,327,325 | -- | 1,589 | -- |
| 5.94% | -- | POWERSHARES QQQ (QQQ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | 537,257,845 | -- | 59,532 | -- |
| 4.81% | -- | NASDAQ 100 INDEX SWAP UBS AG | 435,191,075 | -- | 18,700 | -- |
| 4.76% | -- | NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | 430,722,803 | -- | 18,508 | -- |
| -- | -- | TREASURY BILL | -- | $298,971,708.00 | 300,000,000 | BS0D372 |
| -- | -- | TREASURY BILL | -- | $248,061,250.00 | 250,000,000 | BL54JX9 |
| -- | -- | UNITED STATES OF AMERICA BILL ZERO CPN 30/SEP/2025 USD 100 | -- | $148,872,910.50 | 150,000,000 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,449,824,361.26 | 1,449,824,361 | -- |
Index
as of 6/30/2025
- Total Number of Companies101
- Price/Earnings Ratio35.069
- Price/Book Ratio8.477
- Dividend Yield ( % )0.69
- Avg. Index Market Capitalization$308.98 billion
About the Index
The Nasdaq-100 Index is designed to measure the performance of 100 of the largest Nasdaq-listed non-financial companies.
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.
Distributions
For
2025
- 2025
- 2024
- 2023
- 2022
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|