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 Q2 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 0.34% 17.12% 27.67% 41.95% -6.21% 19.49% 21.23% 28.76% 21.28% 06/19/2006
QLD NAV 0.33% 17.10% 27.65% 41.99% -6.18% 19.47% 21.24% 28.75% 21.28% 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 5/26/2023
  • NAV $57.61
  • NAV Change $+2.82 up caret
  • Market Price $57.59
  • Market Price Change $+2.81 up caret
  • Trading Volume (M) 4,786,370
  • 30-Day Median Bid Ask Spread 0.02%
  • 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 5/26/2023
  • NAV $57.61
  • NAV Change $+2.82 up caret
  • Market Price $57.59
  • Market Price Change $+2.81 up caret
  • Trading Volume (M) 4,786,370
  • 30-Day Median Bid Ask Spread 0.02%
  • View Premium / Discount

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

Exposures

Index as of 3/31/2023

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 5/26/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
19.64% -- NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL 912,896,285 -- 63,846 --
14.99% -- NASDAQ 100 INDEX SWAP JP MORGAN SECURITIES 696,904,503 -- 48,740 --
14.31% -- POWERSHARES QQQ (QQQ) SWAP GOLDMAN SACHS INTERNATIONAL 665,107,260 -- 121,481 --
13.90% -- NASDAQ 100 INDEX SWAP UBS AG 646,002,164 -- 45,180 --
12.80% -- NASDAQ 100 INDEX SWAP SOCIETE GENERALE 595,285,704 -- 41,633 --
10.55% MSFT MICROSOFT CORP -- $490,468,807.70 1,473,366 2588173
10.54% -- NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL CITIBANK NA 489,806,333 -- 34,256 --
9.54% AAPL APPLE INC -- $443,717,379.60 2,529,313 2046251
7.83% -- POWERSHARES QQQ (QQQ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 363,818,560 -- 66,451 --
6.70% -- NASDAQ 100 INDEX SWAP BNP PARIBAS 311,648,144 -- 21,796 --
6.30% -- NASDAQ 100 INDEX SWAP CITIBANK NA 292,802,840 -- 20,478 --
5.56% -- NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 258,543,850 -- 18,082 --
5.33% NVDA NVIDIA CORP -- $247,962,950.60 636,684 2379504
5.26% AMZN AMAZON.COM INC -- $244,613,263.50 2,036,577 2000019
5.04% -- NASDAQ 100 INDEX SWAP BANK OF AMERICA NA 234,222,254 -- 16,381 --
3.56% -- NASDAQ 100 E-MINI EQUITY INDEX 16/JUN/2023 NQM3 INDEX 165,683,700 -- 578 --
3.23% META META PLATFORMS INC-CLASS A -- $150,363,530.80 573,819 B7TL820
3.23% GOOGL ALPHABET INC-CL A -- $150,347,572.50 1,206,545 BYVY8G0
3.20% GOOG ALPHABET INC-CL C -- $148,789,581.50 1,186,236 BYY88Y7
2.61% TSLA TESLA INC -- $121,454,864.80 628,746 B616C79
1.88% AVGO BROADCOM INC -- $87,317,273.01 107,437 BDZ78H9
1.40% PEP PEPSICO INC -- $65,206,147.36 355,192 2681511
1.25% COST COSTCO WHOLESALE CORP -- $57,987,426.90 114,315 2701271
1.14% AMD ADVANCED MICRO DEVICES -- $52,784,013.72 415,524 2007849
1.13% CSCO CISCO SYSTEMS INC -- $52,655,700.06 1,056,071 2198163
1.05% ADBE ADOBE INC -- $49,035,127.94 118,046 2008154
0.94% NFLX NETFLIX INC -- $43,523,840.00 114,875 2857817
0.92% CMCSA COMCAST CORP-CLASS A -- $42,825,456.24 1,084,738 2044545
0.91% TMUS T-MOBILE US INC -- $42,499,404.15 314,461 B94Q9V0
0.89% TXN TEXAS INSTRUMENTS INC -- $41,188,043.02 233,638 2885409
0.72% HON HONEYWELL INTERNATIONAL INC -- $33,389,325.00 172,332 2020459
0.68% QCOM QUALCOMM INC -- $31,733,680.55 287,573 2714923
0.67% INTC INTEL CORP -- $30,936,127.00 1,066,763 2463247
0.65% INTU INTUIT INC -- $30,241,191.39 72,273 2459020
0.64% AMGN AMGEN INC -- $29,871,911.79 137,703 2023607
0.64% AMAT APPLIED MATERIALS INC -- $29,648,562.48 217,908 2046552
0.63% SBUX STARBUCKS CORP -- $29,202,321.40 296,380 2842255
0.60% ISRG INTUITIVE SURGICAL INC -- $27,713,990.70 90,303 2871301
0.57% MDLZ MONDELEZ INTERNATIONAL INC-A -- $26,409,772.73 351,521 B8CKK03
0.54% BKNG BOOKING HOLDINGS INC -- $25,196,148.12 9,724 BDRXDB4
0.53% GILD GILEAD SCIENCES INC -- $24,783,278.65 321,485 2369174
0.50% ADI ANALOG DEVICES INC -- $23,031,869.10 130,470 2032067
0.49% ADP AUTOMATIC DATA PROCESSING -- $22,700,300.80 106,835 2065308
0.47% LRCX LAM RESEARCH CORP -- $21,879,434.50 34,826 2502247
0.47% VRTX VERTEX PHARMACEUTICALS INC -- $21,867,117.34 66,266 2931034
0.45% MU MICRON TECHNOLOGY INC -- $20,797,617.95 281,315 2588184
0.43% REGN REGENERON PHARMACEUTICALS -- $20,136,088.60 27,772 2730190
0.40% FISV FISERV INC -- $18,423,572.49 161,937 2342034
0.38% PYPL PAYPAL HOLDINGS INC -- $17,571,774.46 291,793 BYW36M8
0.38% SNPS SYNOPSYS INC -- $17,470,328.59 39,283 2867719
0.36% ASML ASML HOLDING NV-NY REG SHS -- $16,655,567.76 22,632 B908F01
0.36% MELI MERCADOLIBRE INC -- $16,565,516.94 12,919 B23X1H3
0.36% PANW PALO ALTO NETWORKS INC -- $16,535,040.20 78,106 B87ZMX0
0.35% KLAC KLA CORP -- $16,452,492.06 35,674 2480138
0.35% CSX CSX CORP -- $16,384,419.09 531,789 2160753
0.35% CDNS CADENCE DESIGN SYS INC -- $16,060,047.21 70,337 2302232
0.34% ATVI ACTIVISION BLIZZARD INC -- $15,908,827.68 202,248 2575818
0.33% MNST MONSTER BEVERAGE CORP -- $15,506,077.16 269,156 BZ07BW4
0.32% ORLY O'REILLY AUTOMOTIVE INC -- $14,665,547.00 15,889 B65LWX6
0.31% MRVL MARVELL TECHNOLOGY INC -- $14,407,155.73 219,923 BNKJSM5
0.29% FTNT FORTINET INC -- $13,703,026.23 202,199 B5B2106
0.29% MAR MARRIOTT INTERNATIONAL -CL A -- $13,659,385.76 79,526 2210614
0.28% CHTR CHARTER COMMUNICATIONS INC-A -- $12,997,979.50 39,358 BZ6VT82
0.27% MRNA MODERNA INC -- $12,578,932.32 99,643 BGSXTS3
0.26% CTAS CINTAS CORP -- $12,309,993.36 26,263 2197137
0.26% NXPI NXP SEMICONDUCTORS NV -- $12,118,949.02 66,889 B505PN7
0.26% KHC KRAFT HEINZ CO/THE -- $12,111,797.70 315,905 BYRY499
0.25% DXCM DEXCOM INC -- $11,465,767.95 99,659 B0796X4
0.25% KDP KEURIG DR PEPPER INC -- $11,391,182.01 362,661 BD3W133
0.24% WDAY WORKDAY INC-CLASS A -- $11,351,237.45 52,535 B8K6ZD1
0.24% AZN ASTRAZENECA PLC-SPONS ADR -- $11,278,237.88 155,519 2989044
0.24% ABNB AIRBNB INC-CLASS A -- $11,261,512.35 105,435 BMGYYH4
0.24% BIIB BIOGEN INC -- $11,150,471.10 37,335 2455965
0.24% ADSK AUTODESK INC -- $11,078,332.20 55,698 2065159
0.24% MCHP MICROCHIP TECHNOLOGY INC -- $11,057,060.96 141,178 2592174
0.24% PDD PDD HOLDINGS INC -- $10,957,542.08 153,424 BYVW0F7
0.23% AEP AMERICAN ELECTRIC POWER -- $10,904,622.75 132,579 2026242
0.23% CPRT COPART INC -- $10,793,421.60 122,820 2208073
0.23% LULU LULULEMON ATHLETICA INC -- $10,717,169.22 31,497 B23FN39
0.22% EXC EXELON CORP -- $10,092,702.75 256,225 2670519
0.22% PAYX PAYCHEX INC -- $10,052,887.12 92,936 2674458
0.22% IDXX IDEXX LABORATORIES INC -- $10,008,586.42 21,343 2459202
0.21% PCAR PACCAR INC -- $9,615,054.65 134,759 2665861
0.20% SGEN SEAGEN INC -- $9,313,060.68 48,132 BLPK4D2
0.20% ROST ROSS STORES INC -- $9,176,775.12 88,776 2746711
0.20% XEL XCEL ENERGY INC -- $9,118,453.44 141,767 2614807
0.19% EA ELECTRONIC ARTS INC -- $8,960,829.20 70,669 2310194
0.19% ODFL OLD DOMINION FREIGHT LINE -- $8,951,569.69 28,343 2656423
0.19% CRWD CROWDSTRIKE HOLDINGS INC - A -- $8,675,106.56 56,288 BJJP138
0.19% VRSK VERISK ANALYTICS INC -- $8,647,417.59 39,837 B4P9W92
0.18% GFS GLOBALFOUNDRIES INC -- $8,440,507.90 140,558 BMW7F63
0.18% CTSH COGNIZANT TECH SOLUTIONS-A -- $8,253,188.64 131,253 2257019
0.18% CSGP COSTAR GROUP INC -- $8,237,525.50 104,950 2262864
0.17% DLTR DOLLAR TREE INC -- $8,133,610.10 57,098 2272476
0.17% FAST FASTENAL CO -- $8,123,302.88 147,268 2332262
0.17% ILMN ILLUMINA INC -- $7,981,538.05 40,745 2613990
0.16% BKR BAKER HUGHES CO -- $7,268,914.92 260,628 BDHLTQ5
0.15% ANSS ANSYS INC -- $7,170,530.00 22,450 2045623
0.15% WBD WARNER BROS DISCOVERY INC -- $7,168,715.84 626,636 BM8JYX3
0.15% CEG CONSTELLATION ENERGY -- $7,072,747.50 84,350 BMH4FS1
0.15% DDOG DATADOG INC - CLASS A -- $7,064,043.32 75,827 BKT9Y49
0.14% WBA WALGREENS BOOTS ALLIANCE INC -- $6,669,542.44 222,244 BTN1Y44
0.14% TEAM ATLASSIAN CORP-CL A -- $6,443,463.15 38,781 BQ1PC76
0.13% FANG DIAMONDBACK ENERGY INC -- $6,207,092.14 47,386 B7Y8YR3
0.13% EBAY EBAY INC -- $6,137,782.68 138,363 2293819
0.13% ENPH ENPHASE ENERGY INC -- $5,812,892.40 35,187 B65SQW4
0.12% ALGN ALIGN TECHNOLOGY INC -- $5,633,027.82 19,738 2679204
0.10% ZS ZSCALER INC -- $4,849,136.88 37,124 BZ00V34
0.09% ZM ZOOM VIDEO COMMUNICATIONS-A -- $4,196,812.83 63,329 BGSP7M9
0.08% JD JD.COM INC-ADR -- $3,935,887.90 118,909 BMM27D9
0.08% LCID LUCID GROUP INC -- $3,714,734.44 472,012 BP0TR77
0.08% RIVN RIVIAN AUTOMOTIVE INC-A -- $3,589,436.62 237,083 BL98841
0.08% SIRI SIRIUS XM HOLDINGS INC -- $3,541,380.72 1,003,224 BGLDK10
-- -- TREASURY BILL -- $24,767,918.50 25,000,000 BPQT8S9
-- -- TREASURY BILL -- $49,697,602.00 50,000,000 BMQ53P8
-- -- TREASURY BILL -- $99,294,854.00 100,000,000 BQFMC17
-- -- TREASURY BILL -- $49,384,164.50 50,000,000 BMTY6D1
-- -- TREASURY BILL -- $147,449,337.00 150,000,000 BRPT226
-- -- NET OTHER ASSETS (LIABILITIES) -- $612,336,355.80 612,336,356 --

Index

as of 3/31/2023

  • Total Number of Companies101
  • Price/Earnings Ratio30.642
  • Price/Book Ratio6.761
  • Dividend Yield ( % )0.84
  • Avg. Index Market Capitalization$171.61 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

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 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.

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