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®.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q1 2023

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 + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
QLD Market Price -18.07% -4.12% -15.12% -60.52% -60.52% 4.88% 13.96% 26.35% 19.19% 06/19/2006
QLD NAV -18.07% -4.14% -15.09% -60.49% -60.49% 4.85% 13.97% 26.33% 19.19% 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
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 0.98%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 1/30/2023
  • NAV $41.18
  • NAV Change $-1.79 down caret
  • Market Price $41.20
  • Market Price Change $-1.77 down caret
  • Trading Volume (M) 4,705,367
  • 30-Day Median Bid Ask Spread 0.03%
  • View Premium / Discount
Snapshot
  • Ticker QLD
  • Intraday Ticker QLD.IV
  • CUSIP 74347R206
  • Inception Date 6/19/06
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 0.98%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 1/30/2023
  • NAV $41.18
  • NAV Change $-1.79 down caret
  • Market Price $41.20
  • Market Price Change $-1.77 down caret
  • Trading Volume (M) 4,705,367
  • 30-Day Median Bid Ask Spread 0.03%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/23.

Exposures

Index as of 12/30/2022

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 1/30/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
19.12% -- NASDAQ 100 INDEX SWAP SOCIETE GENERALE 583,945,358 -- 49,020 --
13.53% -- NASDAQ 100 INDEX SWAP BNP PARIBAS 413,085,948 -- 34,677 --
12.10% -- NASDAQ 100 INDEX SWAP JP MORGAN SECURITIES 369,450,863 -- 31,014 --
11.19% -- NASDAQ 100 INDEX SWAP UBS AG 341,683,082 -- 28,683 --
11.13% -- NASDAQ 100 E-MINI EQUITY INDEX 17/MAR/2023 NQH3 INDEX 339,891,200 -- 1,420 --
10.08% AAPL APPLE INC -- $307,808,787.00 2,152,509 2046251
9.93% MSFT MICROSOFT CORP -- $303,173,915.20 1,249,120 2588173
9.91% -- POWERSHARES QQQ (QQQ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 302,647,092 -- 66,451 --
8.75% -- POWERSHARES QQQ (QQQ) SWAP GOLDMAN SACHS INTERNATIONAL 267,268,203 -- 58,683 --
7.19% -- NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL 219,438,136 -- 18,421 --
6.32% -- NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 192,980,718 -- 16,200 --
5.78% -- NASDAQ 100 INDEX SWAP BANK OF AMERICA NA 176,410,584 -- 14,809 --
5.65% AMZN AMAZON.COM INC -- $172,564,513.30 1,716,206 2000019
5.39% -- NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL CITIBANK NA 164,712,617 -- 13,827 --
4.75% -- NASDAQ 100 INDEX SWAP CITIBANK NA 145,092,910 -- 12,180 --
3.37% NVDA NVIDIA CORP -- $102,911,628.80 537,061 2379504
3.28% GOOG ALPHABET INC-CL C -- $100,298,841.00 1,023,980 BYY88Y7
3.25% GOOGL ALPHABET INC-CL A -- $99,272,570.28 1,024,062 BYVY8G0
3.20% -- UNITED STATES OF AMERICA BILL ZERO CPN 20/JUL/2023 USD 100 -- $97,827,306.00 100,000,000 --
2.90% TSLA TESLA INC -- $88,522,125.64 531,154 B616C79
2.36% META META PLATFORMS INC-CLASS A -- $72,176,165.64 490,794 B7TL820
1.68% AVGO BROADCOM INC -- $51,406,575.95 88,411 BDZ78H9
1.67% PEP PEPSICO INC -- $50,972,296.36 300,757 2681511
1.59% COST COSTCO WHOLESALE CORP -- $48,630,436.56 96,627 2701271
1.42% CSCO CISCO SYSTEMS INC -- $43,242,538.72 896,776 2198163
1.31% TMUS T-MOBILE US INC -- $39,919,033.10 271,595 B94Q9V0
1.21% CMCSA COMCAST CORP-CLASS A -- $36,951,130.80 941,670 2044545
1.21% ADBE ADOBE INC -- $36,895,852.08 101,524 2008154
1.12% TXN TEXAS INSTRUMENTS INC -- $34,298,784.30 198,110 2885409
1.12% NFLX NETFLIX INC -- $34,295,808.75 97,125 2857817
1.05% QCOM QUALCOMM INC -- $32,209,466.11 244,697 2714923
0.99% HON HONEYWELL INTERNATIONAL INC -- $30,195,745.64 146,738 2020459
0.96% AMGN AMGEN INC -- $29,297,655.50 116,450 2023607
0.89% SBUX STARBUCKS CORP -- $27,161,462.80 250,567 2842255
0.84% INTU INTUIT INC -- $25,547,125.25 61,345 2459020
0.83% AMD ADVANCED MICRO DEVICES -- $25,495,299.90 351,902 2007849
0.82% INTC INTEL CORP -- $25,184,263.65 901,047 2463247
0.75% GILD GILEAD SCIENCES INC -- $22,819,229.60 273,776 2369174
0.68% BKNG BOOKING HOLDINGS INC -- $20,641,220.60 8,470 BDRXDB4
0.67% AMAT APPLIED MATERIALS INC -- $20,320,501.00 187,805 2046552
0.66% ADP AUTOMATIC DATA PROCESSING -- $20,132,236.05 90,543 2065308
0.65% PYPL PAYPAL HOLDINGS INC -- $19,812,998.48 248,782 BYW36M8
0.63% MDLZ MONDELEZ INTERNATIONAL INC-A -- $19,329,906.28 298,117 B8CKK03
0.61% ADI ANALOG DEVICES INC -- $18,778,258.80 111,160 2032067
0.61% ISRG INTUITIVE SURGICAL INC -- $18,682,715.44 77,128 2871301
0.59% VRTX VERTEX PHARMACEUTICALS INC -- $17,924,639.64 56,018 2931034
0.56% REGN REGENERON PHARMACEUTICALS -- $17,225,062.94 23,389 2730190
0.50% MRNA MODERNA INC -- $15,171,918.21 83,883 BGSXTS3
0.48% FISV FISERV INC -- $14,658,747.75 138,617 2342034
0.48% MU MICRON TECHNOLOGY INC -- $14,643,412.74 237,294 2588184
0.47% LRCX LAM RESEARCH CORP -- $14,257,909.07 29,789 2502247
0.45% CSX CSX CORP -- $13,712,888.16 458,932 2160753
0.44% CHTR CHARTER COMMUNICATIONS INC-A -- $13,285,704.96 33,984 BZ6VT82
0.43% ATVI ACTIVISION BLIZZARD INC -- $12,978,601.56 170,861 2575818
0.42% MELI MERCADOLIBRE INC -- $12,767,020.20 10,989 B23X1H3
0.41% ASML ASML HOLDING NV-NY REG SHS -- $12,528,222.15 19,265 B908F01
0.39% KLAC KLA CORP -- $12,005,674.24 30,968 2480138
0.39% MAR MARRIOTT INTERNATIONAL -CL A -- $11,830,776.00 69,105 2210614
0.38% SNPS SYNOPSYS INC -- $11,674,795.84 33,368 2867719
0.38% MNST MONSTER BEVERAGE CORP -- $11,657,076.64 113,872 BZ07BW4
0.35% CDNS CADENCE DESIGN SYS INC -- $10,827,952.66 59,909 2302232
0.35% KHC KRAFT HEINZ CO/THE -- $10,793,484.68 267,364 BYRY499
0.35% ORLY O'REILLY AUTOMOTIVE INC -- $10,790,293.95 13,665 B65LWX6
0.35% KDP KEURIG DR PEPPER INC -- $10,733,514.40 309,145 BD3W133
0.34% AEP AMERICAN ELECTRIC POWER -- $10,415,927.72 112,156 2026242
0.34% PANW PALO ALTO NETWORKS INC -- $10,398,693.47 65,969 B87ZMX0
0.33% NXPI NXP SEMICONDUCTORS NV -- $10,152,465.68 56,566 B505PN7
0.33% PDD PINDUODUO INC-ADR -- $9,925,912.65 102,171 BYVW0F7
0.32% ADSK AUTODESK INC -- $9,849,133.76 47,098 2065159
0.32% CTAS CINTAS CORP -- $9,669,187.00 22,175 2197137
0.31% ABNB AIRBNB INC-CLASS A -- $9,516,877.44 86,928 BMGYYH4
0.30% MCHP MICROCHIP TECHNOLOGY INC -- $9,086,367.84 120,063 2592174
0.30% EXC EXELON CORP -- $9,056,451.75 216,921 2670519
0.30% PAYX PAYCHEX INC -- $9,020,941.95 78,655 2674458
0.30% ROST ROSS STORES INC -- $9,013,514.27 75,747 2746711
0.29% BIIB BIOGEN INC -- $8,987,666.08 31,432 2455965
0.29% DXCM DEXCOM INC -- $8,896,393.66 84,334 B0796X4
0.29% AZN ASTRAZENECA PLC-SPONS ADR -- $8,780,159.04 133,356 2989044
0.29% IDXX IDEXX LABORATORIES INC -- $8,717,247.50 18,050 2459202
0.29% FTNT FORTINET INC -- $8,704,127.10 170,502 B5B2106
0.27% PCAR PACCAR INC -- $8,256,945.90 75,905 2665861
0.27% XEL XCEL ENERGY INC -- $8,135,838.90 119,469 2614807
0.26% LULU LULULEMON ATHLETICA INC -- $8,077,337.46 26,694 B23FN39
0.26% MRVL MARVELL TECHNOLOGY INC -- $7,815,724.67 186,133 BNKJSM5
0.25% WDAY WORKDAY INC-CLASS A -- $7,781,003.20 44,090 B8K6ZD1
0.25% EA ELECTRONIC ARTS INC -- $7,774,356.29 60,271 2310194
0.25% ODFL OLD DOMINION FREIGHT LINE -- $7,765,033.12 24,124 2656423
0.25% WBD WARNER BROS DISCOVERY INC -- $7,623,039.32 530,114 BM8JYX3
0.24% CTSH COGNIZANT TECH SOLUTIONS-A -- $7,321,923.33 112,179 2257019
0.24% ILMN ILLUMINA INC -- $7,211,682.50 34,325 2613990
0.24% DLTR DOLLAR TREE INC -- $7,182,161.35 48,251 2272476
0.23% CSGP COSTAR GROUP INC -- $6,914,326.10 88,759 2262864
0.23% WBA WALGREENS BOOTS ALLIANCE INC -- $6,896,754.41 188,797 BTN1Y44
0.23% CPRT COPART INC -- $6,893,497.10 103,990 2208073
0.22% GFS GLOBALFOUNDRIES INC -- $6,841,159.56 118,956 BMW7F63
0.22% BKR BAKER HUGHES CO -- $6,780,661.80 218,590 BDHLTQ5
0.21% JD JD.COM INC-ADR -- $6,344,193.71 106,037 BMM27D9
0.21% ENPH ENPHASE ENERGY INC -- $6,302,934.00 29,700 B65SQW4
0.20% FAST FASTENAL CO -- $6,179,837.46 125,022 2332262
0.20% VRSK VERISK ANALYTICS INC -- $6,122,545.66 34,126 B4P9W92
0.19% CEG CONSTELLATION ENERGY -- $5,882,700.80 71,392 BMH4FS1
0.19% EBAY EBAY INC -- $5,791,607.18 118,462 2293819
0.19% SGEN SEAGEN INC -- $5,673,389.40 40,530 BLPK4D2
0.18% FANG DIAMONDBACK ENERGY INC -- $5,580,619.98 38,397 B7Y8YR3
0.17% TEAM ATLASSIAN CORP-CL A -- $5,082,972.72 32,388 BQ1PC76
0.16% SIRI SIRIUS XM HOLDINGS INC -- $4,983,894.15 849,045 BGLDK10
0.16% ANSS ANSYS INC -- $4,976,440.56 19,026 2045623
0.16% CRWD CROWDSTRIKE HOLDINGS INC - A -- $4,832,307.90 47,670 BJJP138
0.15% DDOG DATADOG INC - CLASS A -- $4,709,736.72 63,783 BKT9Y49
0.15% ALGN ALIGN TECHNOLOGY INC -- $4,537,813.22 17,071 2679204
0.14% LCID LUCID GROUP INC -- $4,307,362.00 366,584 BP0TR77
0.13% ZM ZOOM VIDEO COMMUNICATIONS-A -- $3,941,658.00 53,628 BGSP7M9
0.13% ZS ZSCALER INC -- $3,858,712.40 31,474 BZ00V34
0.12% RIVN RIVIAN AUTOMOTIVE INC-A -- $3,595,462.20 199,305 BL98841
-- -- TREASURY BILL -- $199,953,810.00 200,000,000 BPXX947
-- -- TREASURY BILL -- $49,422,845.00 50,000,000 BMF2C42
-- -- TREASURY BILL -- $74,394,856.50 75,000,000 BNM6TC1
-- -- TREASURY BILL -- $24,979,684.25 25,000,000 BNBTS80
-- -- TREASURY BILL -- $49,782,708.50 50,000,000 BNYL753
-- -- TREASURY BILL -- $49,770,805.50 50,000,000 BQ6C0N4
-- -- TREASURY BILL -- $98,759,279.00 100,000,000 BMHNQ18
-- -- TREASURY BILL -- $48,965,544.50 50,000,000 BMQ53P8
-- -- TREASURY BILL -- $24,576,472.75 25,000,000 BLD3LJ8
-- -- TREASURY BILL -- $199,613,362.00 200,000,000 BJLVKF9
-- -- TREASURY BILL -- $149,185,999.50 150,000,000 BNHSXT7
-- -- TREASURY BILL -- $49,326,073.50 50,000,000 BMDPZJ9
-- -- TREASURY BILL -- $74,530,162.50 75,000,000 BNBPV56
-- -- NET OTHER ASSETS (LIABILITIES) -- $-728,007,055.85 -728,007,056 --

Index

as of 12/30/2022

  • Total Number of Companies101
  • Price/Earnings Ratio22.304
  • Price/Book Ratio5.728
  • Dividend Yield ( % )0.99
  • Avg. Index Market Capitalization$142.84 billion
About the Index

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. 

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 Research & Insights

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.
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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 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.

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 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 ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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