Crown green alt test

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®.

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

Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
QLD Market Price 4.30% 38.75% 9.76% 13.58% 28.85% 33.51% 23.89% 28.73% 24.33% 06/19/2006
QLD NAV 4.28% 38.38% 9.66% 13.63% 28.80% 33.52% 23.89% 28.76% 24.33% 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 8/27/2025
  • NAV
    $125.81
  • NAV Change
    $+0.41 up caret
  • Market Price
    $125.74
  • Market Price Change
    $+0.35 up caret
  • Trading Volume (M)
    3,609,554
  • 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 8/27/2025
  • NAV
    $125.81
  • NAV Change
    $+0.41 up caret
  • Market Price
    $125.74
  • Market Price Change
    $+0.35 up caret
  • Trading Volume (M)
    3,609,554
  • 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 8/27/2025

Exposure Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
7.59% NVDA NVIDIA CORP -- $684,748,768.80 3,770,643 2379504
6.45% MSFT MICROSOFT CORP -- $582,027,375.30 1,148,572 2588173
5.90% AAPL APPLE INC -- $531,996,043.40 2,308,109 2046251
4.17% AMZN AMAZON.COM INC -- $375,893,355.50 1,640,596 2000019
4.00% AVGO BROADCOM INC -- $360,823,035.50 1,201,742 BDZ78H9
2.78% META META PLATFORMS INC-CLASS A -- $250,760,937.60 335,520 B7TL820
2.19% NFLX NETFLIX INC -- $197,961,076.50 161,799 2857817
2.18% TSLA TESLA INC -- $196,631,471.20 562,447 B616C79
2.07% GOOGL ALPHABET INC-CL A -- $186,606,059.60 899,393 BYVY8G0
1.95% GOOG ALPHABET INC-CL C -- $175,645,539.60 843,598 BYY88Y7
1.78% COST COSTCO WHOLESALE CORP -- $160,180,225.90 168,696 2701271
1.49% PLTR PALANTIR TECHNOLOGIES INC-A -- $134,833,268.40 860,345 BN78DQ4
1.20% TMUS T-MOBILE US INC -- $108,509,849.80 431,691 B94Q9V0
1.14% CSCO CISCO SYSTEMS INC -- $103,041,210.80 1,505,570 2198163
1.14% AMD ADVANCED MICRO DEVICES -- $103,026,954.20 616,448 2007849
0.96% LIN LINDE PLC -- $86,387,712.44 178,964 BNZHB81
0.85% PEP PEPSICO INC -- $76,962,665.04 521,286 2681511
0.79% TXN TEXAS INSTRUMENTS INC -- $70,969,748.94 345,402 2885409
0.78% INTU INTUIT INC -- $70,327,188.99 106,047 2459020
0.77% BKNG BOOKING HOLDINGS INC -- $69,488,424.32 12,374 BDRXDB4
0.74% QCOM QUALCOMM INC -- $66,695,826.73 417,449 2714923
0.72% SHOP SHOPIFY INC - CLASS A -- $64,786,556.25 463,125 BXDZ9Z0
0.71% ISRG INTUITIVE SURGICAL INC -- $64,199,370.15 136,261 2871301
0.65% AMGN AMGEN INC -- $58,872,010.86 204,438 2023607
0.64% ADBE ADOBE INC -- $57,745,092.10 162,046 2008154
0.60% APP APPLOVIN CORP-CLASS A -- $54,155,647.08 116,982 BMV3LG4
0.60% HON HONEYWELL INTERNATIONAL INC -- $54,061,773.75 244,347 2020459
0.60% GILD GILEAD SCIENCES INC -- $53,876,641.28 472,934 2369174
0.56% LRCX LAM RESEARCH CORP -- $50,417,105.41 486,323 BSML4N7
0.56% AMAT APPLIED MATERIALS INC -- $50,157,526.07 305,113 2046552
0.55% MU MICRON TECHNOLOGY INC -- $50,031,033.00 424,892 2588184
0.53% ADI ANALOG DEVICES INC -- $48,204,163.00 188,666 2032067
0.53% CMCSA COMCAST CORP-CLASS A -- $47,873,168.07 1,415,947 2044545
0.53% PANW PALO ALTO NETWORKS INC -- $47,561,573.93 253,513 B87ZMX0
0.52% ADP AUTOMATIC DATA PROCESSING -- $46,776,788.97 154,333 2065308
0.52% MELI MERCADOLIBRE INC -- $46,504,382.67 19,269 B23X1H3
0.50% KLAC KLA CORP -- $44,695,166.98 50,282 2480138
0.47% SNPS SYNOPSYS INC -- $42,430,596.82 70,346 2867719
0.46% INTC INTEL CORP -- $41,211,240.00 1,658,400 2463247
0.44% CRWD CROWDSTRIKE HOLDINGS INC - A -- $40,021,167.00 94,700 BJJP138
0.42% VRTX VERTEX PHARMACEUTICALS INC -- $37,987,436.72 97,634 2931034
0.42% SBUX STARBUCKS CORP -- $37,874,028.96 432,056 2842255
0.42% CEG CONSTELLATION ENERGY -- $37,646,462.58 119,157 BMH4FS1
0.41% DASH DOORDASH INC - A -- $37,234,398.75 151,575 BN13P03
0.40% CDNS CADENCE DESIGN SYS INC -- $36,006,144.00 103,800 2302232
0.37% ORLY O'REILLY AUTOMOTIVE INC -- $33,816,145.95 324,999 B65LWX6
0.37% MSTR STRATEGY INC -- $33,001,606.74 96,479 2974329
0.36% CTAS CINTAS CORP -- $32,731,956.40 153,527 2197137
0.34% PDD PDD HOLDINGS INC -- $31,036,791.24 253,942 BYVW0F7
0.34% MDLZ MONDELEZ INTERNATIONAL INC-A -- $30,403,151.04 492,279 B8CKK03
0.33% TRI THOMSON REUTERS CORP -- $29,924,416.32 171,114 BNBXPB4
0.31% MAR MARRIOTT INTERNATIONAL -CL A -- $28,082,355.12 104,136 2210614
0.29% PYPL PAYPAL HOLDINGS INC -- $25,753,017.85 369,749 BYW36M8
0.28% ASML ASML HOLDING NV-NY REG SHS -- $25,583,250.00 33,225 B908F01
0.27% MRVL MARVELL TECHNOLOGY INC -- $24,516,610.74 327,806 BNKJSM5
0.26% REGN REGENERON PHARMACEUTICALS -- $23,687,357.76 40,356 2730190
0.26% ADSK AUTODESK INC -- $23,264,320.10 81,358 2065159
0.26% CSX CSX CORP -- $23,240,686.26 714,219 2160753
0.25% AEP AMERICAN ELECTRIC POWER -- $22,928,749.23 203,107 2026242
0.25% MNST MONSTER BEVERAGE CORP -- $22,888,064.21 370,777 BZ07BW4
0.25% NXPI NXP SEMICONDUCTORS NV -- $22,824,400.78 96,034 B505PN7
0.25% AXON AXON ENTERPRISE INC -- $22,781,758.32 29,599 BDT5S35
0.25% FTNT FORTINET INC -- $22,737,236.34 291,018 B5B2106
0.24% FAST FASTENAL CO -- $21,895,884.60 436,173 2332262
0.24% ROP ROPER TECHNOLOGIES INC -- $21,607,920.18 40,873 2749602
0.24% ABNB AIRBNB INC-CLASS A -- $21,308,514.85 164,101 BMGYYH4
0.22% PCAR PACCAR INC -- $20,246,308.16 199,589 2665861
0.22% IDXX IDEXX LABORATORIES INC -- $19,593,653.64 30,574 2459202
0.21% PAYX PAYCHEX INC -- $18,987,424.25 136,945 2674458
0.21% WDAY WORKDAY INC-CLASS A -- $18,861,717.81 82,111 B8K6ZD1
0.21% ROST ROSS STORES INC -- $18,789,255.80 125,020 2746711
0.20% AZN ASTRAZENECA PLC-SPONS ADR -- $18,111,978.14 226,598 2989044
0.20% CPRT COPART INC -- $17,854,501.61 367,301 2208073
0.19% EXC EXELON CORP -- $17,037,636.63 383,817 2670519
0.19% BKR BAKER HUGHES CO -- $16,867,999.08 376,686 BDHLTQ5
0.18% EA ELECTRONIC ARTS INC -- $16,455,166.20 95,337 2310194
0.18% FANG DIAMONDBACK ENERGY INC -- $16,336,013.04 111,084 B7Y8YR3
0.18% ZS ZSCALER INC -- $16,163,013.30 59,190 BZ00V34
0.18% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $16,069,469.68 69,256 2122117
0.18% DDOG DATADOG INC - CLASS A -- $16,002,033.48 121,476 BKT9Y49
0.18% XEL XCEL ENERGY INC -- $15,979,735.17 219,291 2614807
0.17% CCEP COCA-COLA EUROPACIFIC PARTNE -- $15,457,515.06 174,602 BYQQ3P5
0.17% KDP KEURIG DR PEPPER INC -- $15,346,754.16 516,378 BD3W133
0.16% CHTR CHARTER COMMUNICATIONS INC-A -- $14,363,728.05 53,367 BZ6VT82
0.16% CSGP COSTAR GROUP INC -- $14,347,332.75 160,395 2262864
0.16% VRSK VERISK ANALYTICS INC -- $14,235,750.60 53,178 B4P9W92
0.15% MCHP MICROCHIP TECHNOLOGY INC -- $13,668,715.30 205,082 2592174
0.15% CTSH COGNIZANT TECH SOLUTIONS-A -- $13,551,472.48 187,408 2257019
0.14% GEHC GE HEALTHCARE TECHNOLOGY -- $12,928,591.74 174,099 BL6JPG8
0.14% KHC KRAFT HEINZ CO/THE -- $12,549,914.31 449,979 BYRY499
0.14% ODFL OLD DOMINION FREIGHT LINE -- $12,358,821.72 80,346 2656423
0.13% WBD WARNER BROS DISCOVERY INC -- $11,428,618.05 940,627 BM8JYX3
0.13% DXCM DEXCOM INC -- $11,387,265.06 149,087 B0796X4
0.12% TEAM ATLASSIAN CORP-CL A -- $10,797,329.72 62,819 BQ1PC76
0.10% LULU LULULEMON ATHLETICA INC -- $8,991,631.80 43,740 B23FN39
0.10% TTD TRADE DESK INC/THE -CLASS A -- $8,970,664.95 170,383 BD8FDD1
0.09% CDW CDW CORP/DE -- $8,272,570.41 50,067 BBM5MD6
0.09% ON ON SEMICONDUCTOR -- $8,143,112.50 158,890 2583576
0.08% BIIB BIOGEN INC -- $7,597,706.48 55,718 2455965
0.08% ARM ARM HOLDINGS PLC-ADR -- $7,154,952.22 50,867 BNSP5P7
0.08% GFS GLOBALFOUNDRIES INC -- $7,140,867.67 210,211 BMW7F63
19.01% -- POWERSHARES QQQ (QQQ) SWAP GOLDMAN SACHS INTERNATIONAL 1,715,066,268 -- 187,682 --
11.30% -- NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL 1,019,128,749 -- 43,246 --
10.89% -- NASDAQ 100 E-MINI EQUITY INDEX 19/SEP/2025 NQU5 INDEX 982,010,850 -- 2,078 --
10.73% -- NASDAQ 100 INDEX SWAP BNP PARIBAS 967,755,196 -- 41,066 --
10.02% -- NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL 904,198,099 -- 38,369 --
9.68% -- NASDAQ 100 INDEX SWAP NOMURA CAPITAL 873,373,967 -- 37,061 --
9.04% -- NASDAQ 100 INDEX SWAP SOCIETE GENERALE 815,472,673 -- 34,604 --
8.96% -- NASDAQ 100 INDEX SWAP CITIBANK NA 808,638,577 -- 34,314 --
8.65% -- NASDAQ 100 INDEX SWAP BANK OF AMERICA NA 780,123,898 -- 33,104 --
8.65% -- NASDAQ 100 INDEX SWAP JPMORGAN CHASE BANK NA 779,841,108 -- 33,092 --
7.14% -- POWERSHARES QQQ (QQQ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 643,828,358 -- 70,455 --
5.95% -- NASDAQ 100 INDEX SWAP UBS AG 536,311,614 -- 22,758 --
4.84% -- NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 436,156,752 -- 18,508 --
-- -- TREASURY BILL -- $249,235,347.50 250,000,000 BRJCMH6
-- -- TREASURY BILL -- $248,977,952.50 250,000,000 BL54JX9
-- -- TREASURY BILL -- $149,420,935.50 150,000,000 BTWXNT9
-- -- TREASURY BILL -- $99,858,500.00 100,000,000 BRBL6T1
-- -- TREASURY BILL -- $99,080,347.00 100,000,000 BTK0WP1
-- -- TREASURY BILL -- $49,651,834.00 50,000,000 BT212N0
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,344,557,188.49 1,344,557,188 --

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

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series

Part I: The Significance of Portfolio Hedging

Investing involves risk. Market downturns will happen. Having a sound investment strategy can help smooth out the turbulence in your portfolio and save you from getting caught up in a herd mentality of selling low into a down market.
Read More
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

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

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

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.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

"Nasdaq,®" "Nasdaq-100,®" "Nasdaq-100 Index®" and "QQQ®" are trademarks of The Nasdaq OMX Group, Inc. and have been licensed for use by ProShares. ProShares have not been passed on by Nasdaq OMX or its affiliates as to their legality or suitability. ProShares based on Nasdaq indexes are not sponsored, endorsed, sold or promoted by Nasdaq OMX or its affiliates, and they make no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.