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 7/18/2025- NAV $121.38
- NAV Change $-0.23
- Market Price $121.37
- Market Price Change $-0.31
- Trading Volume (M) 3,271,079
- 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 0.97%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Price
as of 7/18/2025- NAV $121.38
- NAV Change $-0.23
- Market Price $121.37
- Market Price Change $-0.31
- Trading Volume (M) 3,271,079
- 30-Day Median Bid Ask Spread 0.02%
- 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 7/18/2025
| Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 7.30% | NVDA | NVIDIA CORP | -- | $654,651,114.60 | 3,797,060 | 2379504 |
| 6.58% | MSFT | MICROSOFT CORP | -- | $589,901,387.80 | 1,156,556 | 2588173 |
| 5.48% | AAPL | APPLE INC | -- | $490,802,804.50 | 2,324,097 | 2046251 |
| 4.17% | AMZN | AMAZON.COM INC | -- | $373,594,800.10 | 1,652,124 | 2000019 |
| 3.83% | AVGO | BROADCOM INC | -- | $342,905,434.80 | 1,210,226 | BDZ78H9 |
| 2.65% | META | META PLATFORMS INC-CLASS A | -- | $237,935,363.80 | 337,842 | B7TL820 |
| 2.20% | NFLX | NETFLIX INC | -- | $197,005,753.10 | 162,917 | 2857817 |
| 2.08% | TSLA | TESLA INC | -- | $186,697,607.20 | 566,351 | B616C79 |
| 1.87% | GOOGL | ALPHABET INC-CL A | -- | $167,637,156.20 | 905,853 | BYVY8G0 |
| 1.80% | COST | COSTCO WHOLESALE CORP | -- | $161,523,612.30 | 169,855 | 2701271 |
| 1.76% | GOOG | ALPHABET INC-CL C | -- | $157,967,744.20 | 849,563 | BYY88Y7 |
| 1.48% | PLTR | PALANTIR TECHNOLOGIES INC-A | -- | $133,011,723.80 | 866,413 | BN78DQ4 |
| 1.15% | CSCO | CISCO SYSTEMS INC | -- | $103,164,072.20 | 1,516,004 | 2198163 |
| 1.11% | -- | B 09/09/25 | -- | $99,409,722.00 | 100,000,000 | -- |
| 1.10% | TMUS | T-MOBILE US INC | -- | $98,762,733.96 | 434,676 | B94Q9V0 |
| 1.09% | AMD | ADVANCED MICRO DEVICES | -- | $97,454,996.28 | 620,772 | 2007849 |
| 0.93% | LIN | LINDE PLC | -- | $83,799,917.11 | 180,211 | BNZHB81 |
| 0.90% | INTU | INTUIT INC | -- | $80,371,099.81 | 106,787 | 2459020 |
| 0.84% | TXN | TEXAS INSTRUMENTS INC | -- | $75,338,703.04 | 347,792 | 2885409 |
| 0.84% | PEP | PEPSICO INC | -- | $75,179,800.48 | 524,852 | 2681511 |
| 0.79% | ISRG | INTUITIVE SURGICAL INC | -- | $71,162,961.92 | 137,216 | 2871301 |
| 0.79% | BKNG | BOOKING HOLDINGS INC | -- | $71,046,728.20 | 12,458 | BDRXDB4 |
| 0.73% | QCOM | QUALCOMM INC | -- | $65,068,786.80 | 420,341 | 2714923 |
| 0.68% | AMGN | AMGEN INC | -- | $60,676,935.52 | 205,852 | 2023607 |
| 0.67% | ADBE | ADOBE INC | -- | $59,683,393.77 | 163,163 | 2008154 |
| 0.66% | SHOP | SHOPIFY INC - CLASS A | -- | $59,258,967.43 | 466,349 | BXDZ9Z0 |
| 0.65% | AMAT | APPLIED MATERIALS INC | -- | $58,507,929.00 | 307,225 | 2046552 |
| 0.65% | HON | HONEYWELL INTERNATIONAL INC | -- | $58,196,882.36 | 246,034 | 2020459 |
| 0.57% | GILD | GILEAD SCIENCES INC | -- | $51,536,311.96 | 476,218 | 2369174 |
| 0.56% | PANW | PALO ALTO NETWORKS INC | -- | $49,977,543.72 | 255,274 | B87ZMX0 |
| 0.55% | -- | B 10/28/25 | -- | $49,419,188.50 | 50,000,000 | -- |
| 0.55% | LRCX | LAM RESEARCH CORP | -- | $49,292,497.38 | 489,693 | BSML4N7 |
| 0.55% | CMCSA | COMCAST CORP-CLASS A | -- | $49,245,750.40 | 1,425,760 | 2044545 |
| 0.55% | MU | MICRON TECHNOLOGY INC | -- | $48,942,104.67 | 427,853 | 2588184 |
| 0.53% | KLAC | KLA CORP | -- | $47,132,363.28 | 50,619 | 2480138 |
| 0.52% | ADP | AUTOMATIC DATA PROCESSING | -- | $46,896,657.05 | 155,395 | 2065308 |
| 0.52% | MELI | MERCADOLIBRE INC | -- | $46,825,671.57 | 19,401 | B23X1H3 |
| 0.51% | ADI | ANALOG DEVICES INC | -- | $45,946,421.15 | 189,979 | 2032067 |
| 0.51% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $45,390,401.36 | 95,366 | BJJP138 |
| 0.50% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $45,201,622.05 | 98,305 | 2931034 |
| 0.48% | APP | APPLOVIN CORP-CLASS A | -- | $42,931,201.24 | 117,794 | BMV3LG4 |
| 0.46% | SNPS | SYNOPSYS INC | -- | $41,497,527.37 | 70,965 | 2867719 |
| 0.46% | MSTR | MICROSTRATEGY INC-CL A | -- | $41,112,437.24 | 97,142 | 2974329 |
| 0.46% | SBUX | STARBUCKS CORP | -- | $40,812,286.20 | 435,099 | 2842255 |
| 0.43% | INTC | INTEL CORP | -- | $38,575,036.50 | 1,669,915 | 2463247 |
| 0.43% | CEG | CONSTELLATION ENERGY | -- | $38,564,935.86 | 119,983 | BMH4FS1 |
| 0.41% | DASH | DOORDASH INC - A | -- | $36,509,300.50 | 152,650 | BN13P03 |
| 0.39% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $34,604,467.95 | 495,695 | B8CKK03 |
| 0.38% | CTAS | CINTAS CORP | -- | $34,308,594.90 | 154,585 | 2197137 |
| 0.37% | CDNS | CADENCE DESIGN SYS INC | -- | $32,985,585.39 | 104,527 | 2302232 |
| 0.34% | FTNT | FORTINET INC | -- | $30,891,011.76 | 293,028 | B5B2106 |
| 0.34% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $30,226,021.56 | 327,334 | B65LWX6 |
| 0.32% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $28,580,558.16 | 104,852 | 2210614 |
| 0.31% | PDD | PDD HOLDINGS INC | -- | $27,870,755.00 | 255,695 | BYVW0F7 |
| 0.31% | PYPL | PAYPAL HOLDINGS INC | -- | $27,615,419.42 | 372,326 | BYW36M8 |
| 0.28% | CSX | CSX CORP | -- | $24,732,084.35 | 719,165 | 2160753 |
| 0.27% | MRVL | MARVELL TECHNOLOGY INC | -- | $24,640,397.35 | 330,079 | BNKJSM5 |
| 0.27% | ASML | ASML HOLDING NV-NY REG SHS | -- | $24,578,312.22 | 33,459 | B908F01 |
| 0.27% | ADSK | AUTODESK INC | -- | $24,335,370.87 | 81,929 | 2065159 |
| 0.26% | ABNB | AIRBNB INC-CLASS A | -- | $23,022,730.18 | 165,227 | BMGYYH4 |
| 0.25% | AXON | AXON ENTERPRISE INC | -- | $22,535,262.45 | 29,805 | BDT5S35 |
| 0.25% | ROP | ROPER TECHNOLOGIES INC | -- | $22,428,459.51 | 41,169 | 2749602 |
| 0.25% | REGN | REGENERON PHARMACEUTICALS | -- | $22,044,757.68 | 40,634 | 2730190 |
| 0.25% | MNST | MONSTER BEVERAGE CORP | -- | $22,028,417.00 | 373,363 | BZ07BW4 |
| 0.25% | AEP | AMERICAN ELECTRIC POWER | -- | $21,964,803.60 | 204,514 | 2026242 |
| 0.24% | NXPI | NXP SEMICONDUCTORS NV | -- | $21,847,692.60 | 96,714 | B505PN7 |
| 0.23% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $20,531,450.88 | 53,736 | BZ6VT82 |
| 0.23% | FAST | FASTENAL CO | -- | $20,229,183.52 | 439,192 | 2332262 |
| 0.22% | PAYX | PAYCHEX INC | -- | $19,632,066.30 | 137,885 | 2674458 |
| 0.22% | WDAY | WORKDAY INC-CLASS A | -- | $19,271,731.40 | 82,690 | B8K6ZD1 |
| 0.21% | PCAR | PACCAR INC | -- | $18,827,338.00 | 200,975 | 2665861 |
| 0.20% | DDOG | DATADOG INC - CLASS A | -- | $17,737,686.24 | 122,312 | BKT9Y49 |
| 0.19% | KDP | KEURIG DR PEPPER INC | -- | $17,439,190.08 | 519,952 | BD3W133 |
| 0.19% | ZS | ZSCALER INC | -- | $17,208,578.16 | 59,603 | BZ00V34 |
| 0.19% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $17,026,505.64 | 175,821 | BYQQ3P5 |
| 0.19% | CPRT | COPART INC | -- | $17,005,978.88 | 369,856 | 2208073 |
| 0.19% | EXC | EXELON CORP | -- | $16,773,188.60 | 386,479 | 2670519 |
| 0.18% | ROST | ROSS STORES INC | -- | $16,358,146.60 | 125,890 | 2746711 |
| 0.18% | VRSK | VERISK ANALYTICS INC | -- | $16,169,764.00 | 53,560 | B4P9W92 |
| 0.18% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $16,122,955.56 | 69,742 | 2122117 |
| 0.18% | IDXX | IDEXX LABORATORIES INC | -- | $15,845,356.51 | 30,791 | 2459202 |
| 0.18% | FANG | DIAMONDBACK ENERGY INC | -- | $15,812,941.35 | 111,855 | B7Y8YR3 |
| 0.18% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $15,695,745.51 | 228,169 | 2989044 |
| 0.17% | XEL | XCEL ENERGY INC | -- | $15,540,115.14 | 220,803 | 2614807 |
| 0.17% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $15,442,219.56 | 206,502 | 2592174 |
| 0.17% | BKR | BAKER HUGHES CO | -- | $15,065,597.40 | 379,295 | BDHLTQ5 |
| 0.16% | EA | ELECTRONIC ARTS INC | -- | $14,409,659.34 | 95,994 | 2310194 |
| 0.16% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $14,281,724.16 | 188,712 | 2257019 |
| 0.15% | TTD | TRADE DESK INC/THE -CLASS A | -- | $13,761,228.65 | 171,565 | BD8FDD1 |
| 0.15% | CSGP | COSTAR GROUP INC | -- | $13,679,897.00 | 161,510 | 2262864 |
| 0.15% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $13,314,952.44 | 175,289 | BL6JPG8 |
| 0.15% | ODFL | OLD DOMINION FREIGHT LINE | -- | $13,114,215.63 | 80,907 | 2656423 |
| 0.14% | KHC | KRAFT HEINZ CO/THE | -- | $12,605,242.00 | 453,100 | BYRY499 |
| 0.14% | DXCM | DEXCOM INC | -- | $12,594,825.15 | 150,135 | B0796X4 |
| 0.14% | TEAM | ATLASSIAN CORP-CL A | -- | $12,328,012.76 | 63,266 | BQ1PC76 |
| 0.13% | WBD | WARNER BROS DISCOVERY INC | -- | $12,076,124.25 | 947,147 | BM8JYX3 |
| 0.11% | LULU | LULULEMON ATHLETICA INC | -- | $10,118,151.72 | 44,036 | B23FN39 |
| 0.11% | ON | ON SEMICONDUCTOR | -- | $9,713,924.88 | 159,979 | 2583576 |
| 0.10% | CDW | CDW CORP/DE | -- | $9,054,209.44 | 50,416 | BBM5MD6 |
| 0.10% | GFS | GLOBALFOUNDRIES INC | -- | $8,536,489.78 | 211,666 | BMW7F63 |
| 0.09% | ARM | ARM HOLDINGS PLC-ADR | -- | $8,028,693.02 | 51,223 | BNSP5P7 |
| 0.08% | BIIB | BIOGEN INC | -- | $7,011,689.02 | 56,098 | 2455965 |
| 21.00% | -- | POWERSHARES QQQ (QQQ) SWAP GOLDMAN SACHS INTERNATIONAL | 1,882,638,824 | -- | 210,509 | -- |
| 11.08% | -- | NASDAQ 100 INDEX SWAP NOMURA CAPITAL | 993,083,811 | -- | 43,055 | -- |
| 10.84% | -- | NASDAQ 100 INDEX SWAP SOCIETE GENERALE | 971,771,317 | -- | 42,131 | -- |
| 10.69% | -- | NASDAQ 100 INDEX SWAP JPMORGAN CHASE BANK NA | 958,485,606 | -- | 41,555 | -- |
| 10.32% | -- | NASDAQ 100 INDEX SWAP BNP PARIBAS | 924,625,496 | -- | 40,087 | -- |
| 10.18% | -- | NASDAQ 100 INDEX SWAP BANK OF AMERICA NA | 912,077,880 | -- | 39,543 | -- |
| 9.80% | -- | NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL | 878,263,901 | -- | 38,077 | -- |
| 9.73% | -- | NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL | 872,589,796 | -- | 37,831 | -- |
| 8.51% | -- | NASDAQ 100 INDEX SWAP CITIBANK NA | 762,982,682 | -- | 33,079 | -- |
| 7.91% | -- | NASDAQ 100 E-MINI EQUITY INDEX 19/SEP/2025 NQU5 INDEX | 708,804,110 | -- | 1,526 | -- |
| 5.94% | -- | POWERSHARES QQQ (QQQ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | 532,410,750 | -- | 59,532 | -- |
| 5.04% | -- | NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | 451,875,623 | -- | 19,591 | -- |
| 4.81% | -- | NASDAQ 100 INDEX SWAP UBS AG | 431,324,289 | -- | 18,700 | -- |
| -- | -- | TREASURY BILL | -- | $298,727,475.00 | 300,000,000 | BS0D372 |
| -- | -- | TREASURY BILL | -- | $247,858,160.00 | 250,000,000 | BL54JX9 |
| -- | -- | UNITED STATES OF AMERICA BILL ZERO CPN 30/SEP/2025 USD 100 | -- | $148,752,570.00 | 150,000,000 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,472,118,117.20 | 1,472,118,117 | -- |
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 |
|---|