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 8/01/2025- NAV $117.91
- NAV Change $-4.87
- Market Price $117.87
- Market Price Change $-4.90
- Trading Volume (M) 4,715,702
- 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 8/01/2025- NAV $117.91
- NAV Change $-4.87
- Market Price $117.87
- Market Price Change $-4.90
- Trading Volume (M) 4,715,702
- 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 8/01/2025
| Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 7.55% | NVDA | NVIDIA CORP | -- | $643,718,417.70 | 3,705,494 | 2379504 |
| 6.94% | MSFT | MICROSOFT CORP | -- | $591,579,204.40 | 1,128,731 | 2588173 |
| 5.39% | AAPL | APPLE INC | -- | $459,043,173.10 | 2,268,224 | 2046251 |
| 4.06% | AMZN | AMAZON.COM INC | -- | $346,229,828.50 | 1,612,246 | 2000019 |
| 4.00% | AVGO | BROADCOM INC | -- | $340,877,201.30 | 1,180,977 | BDZ78H9 |
| 2.90% | META | META PLATFORMS INC-CLASS A | -- | $247,296,297.20 | 329,724 | B7TL820 |
| 2.16% | NFLX | NETFLIX INC | -- | $184,224,351.60 | 159,006 | 2857817 |
| 1.96% | TSLA | TESLA INC | -- | $167,271,166.80 | 552,725 | B616C79 |
| 1.96% | GOOGL | ALPHABET INC-CL A | -- | $167,162,361.40 | 883,849 | BYVY8G0 |
| 1.85% | COST | COSTCO WHOLESALE CORP | -- | $157,909,718.10 | 165,781 | 2701271 |
| 1.85% | GOOG | ALPHABET INC-CL C | -- | $157,471,969.10 | 829,018 | BYY88Y7 |
| 1.53% | PLTR | PALANTIR TECHNOLOGIES INC-A | -- | $130,431,891.10 | 845,478 | BN78DQ4 |
| 1.22% | AMD | ADVANCED MICRO DEVICES | -- | $104,016,031.70 | 605,801 | 2007849 |
| 1.18% | TMUS | T-MOBILE US INC | -- | $100,627,118.80 | 424,229 | B94Q9V0 |
| 1.16% | CSCO | CISCO SYSTEMS INC | -- | $99,292,667.61 | 1,479,551 | 2198163 |
| 0.95% | INTU | INTUIT INC | -- | $80,887,248.40 | 104,216 | 2459020 |
| 0.95% | LIN | LINDE PLC | -- | $80,798,274.34 | 175,874 | BNZHB81 |
| 0.84% | PEP | PEPSICO INC | -- | $71,350,219.12 | 512,279 | 2681511 |
| 0.77% | BKNG | BOOKING HOLDINGS INC | -- | $65,524,217.85 | 12,165 | BDRXDB4 |
| 0.76% | ISRG | INTUITIVE SURGICAL INC | -- | $64,693,149.84 | 133,907 | 2871301 |
| 0.72% | TXN | TEXAS INSTRUMENTS INC | -- | $61,390,033.24 | 339,434 | 2885409 |
| 0.71% | QCOM | QUALCOMM INC | -- | $60,792,872.84 | 410,236 | 2714923 |
| 0.70% | AMGN | AMGEN INC | -- | $59,645,863.92 | 200,909 | 2023607 |
| 0.65% | ADBE | ADOBE INC | -- | $55,385,758.80 | 159,246 | 2008154 |
| 0.63% | SHOP | SHOPIFY INC - CLASS A | -- | $53,977,587.80 | 455,123 | BXDZ9Z0 |
| 0.63% | AMAT | APPLIED MATERIALS INC | -- | $53,967,661.63 | 299,837 | 2046552 |
| 0.62% | GILD | GILEAD SCIENCES INC | -- | $52,601,763.16 | 464,762 | 2369174 |
| 0.61% | HON | HONEYWELL INTERNATIONAL INC | -- | $52,278,049.17 | 240,127 | 2020459 |
| 0.54% | LRCX | LAM RESEARCH CORP | -- | $46,056,764.92 | 477,916 | BSML4N7 |
| 0.53% | ADP | AUTOMATIC DATA PROCESSING | -- | $45,566,833.48 | 151,667 | 2065308 |
| 0.53% | CMCSA | COMCAST CORP-CLASS A | -- | $45,250,929.60 | 1,391,480 | 2044545 |
| 0.53% | MELI | MERCADOLIBRE INC | -- | $44,995,172.96 | 18,938 | B23X1H3 |
| 0.52% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $44,339,524.98 | 95,946 | 2931034 |
| 0.51% | KLAC | KLA CORP | -- | $43,812,428.96 | 49,414 | 2480138 |
| 0.51% | MU | MICRON TECHNOLOGY INC | -- | $43,792,224.48 | 417,546 | 2588184 |
| 0.51% | APP | APPLOVIN CORP-CLASS A | -- | $43,589,383.20 | 114,960 | BMV3LG4 |
| 0.51% | PANW | PALO ALTO NETWORKS INC | -- | $43,069,075.76 | 249,127 | B87ZMX0 |
| 0.50% | SNPS | SYNOPSYS INC | -- | $42,769,749.10 | 69,134 | 2867719 |
| 0.49% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $41,567,072.92 | 93,062 | BJJP138 |
| 0.48% | ADI | ANALOG DEVICES INC | -- | $41,106,807.68 | 185,408 | 2032067 |
| 0.47% | CEG | CONSTELLATION ENERGY | -- | $39,903,144.69 | 117,097 | BMH4FS1 |
| 0.43% | DASH | DOORDASH INC - A | -- | $36,992,229.20 | 148,952 | BN13P03 |
| 0.43% | SBUX | STARBUCKS CORP | -- | $36,880,147.98 | 424,593 | 2842255 |
| 0.43% | CDNS | CADENCE DESIGN SYS INC | -- | $36,414,152.73 | 102,009 | 2302232 |
| 0.41% | MSTR | MICROSTRATEGY INC-CL A | -- | $34,760,923.56 | 94,812 | 2974329 |
| 0.40% | TRI | THOMSON REUTERS CORP | -- | $33,814,216.04 | 168,163 | BNBXPB4 |
| 0.39% | CTAS | CINTAS CORP | -- | $33,418,591.00 | 150,874 | 2197137 |
| 0.37% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $31,657,242.96 | 319,383 | B65LWX6 |
| 0.37% | INTC | INTEL CORP | -- | $31,470,395.26 | 1,629,746 | 2463247 |
| 0.36% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $30,927,543.96 | 483,772 | B8CKK03 |
| 0.33% | FTNT | FORTINET INC | -- | $27,843,402.24 | 285,984 | B5B2106 |
| 0.32% | PDD | PDD HOLDINGS INC | -- | $27,466,243.42 | 249,557 | BYVW0F7 |
| 0.31% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $26,130,986.90 | 102,334 | 2210614 |
| 0.29% | CSX | CSX CORP | -- | $24,572,783.79 | 701,879 | 2160753 |
| 0.29% | PYPL | PAYPAL HOLDINGS INC | -- | $24,385,156.71 | 363,361 | BYW36M8 |
| 0.28% | MRVL | MARVELL TECHNOLOGY INC | -- | $23,983,546.35 | 322,143 | BNKJSM5 |
| 0.28% | ADSK | AUTODESK INC | -- | $23,748,234.10 | 79,955 | 2065159 |
| 0.27% | AEP | AMERICAN ELECTRIC POWER | -- | $22,669,659.36 | 199,592 | 2026242 |
| 0.26% | ASML | ASML HOLDING NV-NY REG SHS | -- | $22,522,623.00 | 32,650 | B908F01 |
| 0.26% | REGN | REGENERON PHARMACEUTICALS | -- | $22,166,460.81 | 39,663 | 2730190 |
| 0.26% | ROP | ROPER TECHNOLOGIES INC | -- | $21,773,306.04 | 40,164 | 2749602 |
| 0.25% | AXON | AXON ENTERPRISE INC | -- | $21,599,937.24 | 29,092 | BDT5S35 |
| 0.25% | MNST | MONSTER BEVERAGE CORP | -- | $21,505,353.48 | 364,374 | BZ07BW4 |
| 0.24% | ABNB | AIRBNB INC-CLASS A | -- | $20,644,889.26 | 161,263 | BMGYYH4 |
| 0.23% | NXPI | NXP SEMICONDUCTORS NV | -- | $19,812,039.68 | 94,379 | B505PN7 |
| 0.23% | FAST | FASTENAL CO | -- | $19,477,447.04 | 428,641 | 2332262 |
| 0.22% | PCAR | PACCAR INC | -- | $18,923,297.76 | 196,137 | 2665861 |
| 0.22% | PAYX | PAYCHEX INC | -- | $18,752,516.54 | 134,581 | 2674458 |
| 0.21% | WDAY | WORKDAY INC-CLASS A | -- | $17,932,487.34 | 80,697 | B8K6ZD1 |
| 0.20% | KDP | KEURIG DR PEPPER INC | -- | $16,908,267.32 | 507,451 | BD3W133 |
| 0.20% | EXC | EXELON CORP | -- | $16,848,853.95 | 377,185 | 2670519 |
| 0.20% | ROST | ROSS STORES INC | -- | $16,833,733.65 | 122,865 | 2746711 |
| 0.20% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $16,690,170.22 | 171,586 | BYQQ3P5 |
| 0.19% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $16,467,112.05 | 222,679 | 2989044 |
| 0.19% | CPRT | COPART INC | -- | $16,426,834.50 | 360,950 | 2208073 |
| 0.19% | ZS | ZSCALER INC | -- | $16,301,624.28 | 58,164 | BZ00V34 |
| 0.19% | DDOG | DATADOG INC - CLASS A | -- | $16,186,843.20 | 119,372 | BKT9Y49 |
| 0.19% | BKR | BAKER HUGHES CO | -- | $16,106,314.25 | 370,175 | BDHLTQ5 |
| 0.19% | IDXX | IDEXX LABORATORIES INC | -- | $16,093,512.54 | 30,051 | 2459202 |
| 0.19% | FANG | DIAMONDBACK ENERGY INC | -- | $15,953,957.66 | 109,169 | B7Y8YR3 |
| 0.19% | XEL | XCEL ENERGY INC | -- | $15,832,491.12 | 215,496 | 2614807 |
| 0.18% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $15,013,115.96 | 68,062 | 2122117 |
| 0.17% | CSGP | COSTAR GROUP INC | -- | $14,911,325.00 | 157,625 | 2262864 |
| 0.17% | EA | ELECTRONIC ARTS INC | -- | $14,716,668.12 | 93,689 | 2310194 |
| 0.17% | TTD | TRADE DESK INC/THE -CLASS A | -- | $14,412,976.96 | 167,437 | BD8FDD1 |
| 0.17% | VRSK | VERISK ANALYTICS INC | -- | $14,210,058.96 | 52,264 | B4P9W92 |
| 0.16% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $13,882,196.43 | 52,447 | BZ6VT82 |
| 0.16% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $13,373,862.60 | 201,535 | 2592174 |
| 0.15% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $13,000,630.89 | 184,171 | 2257019 |
| 0.14% | KHC | KRAFT HEINZ CO/THE | -- | $12,120,619.77 | 442,197 | BYRY499 |
| 0.14% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $11,950,426.95 | 171,087 | BL6JPG8 |
| 0.14% | WBD | WARNER BROS DISCOVERY INC | -- | $11,896,731.99 | 924,377 | BM8JYX3 |
| 0.14% | DXCM | DEXCOM INC | -- | $11,615,312.80 | 146,510 | B0796X4 |
| 0.13% | TEAM | ATLASSIAN CORP-CL A | -- | $11,295,584.48 | 61,738 | BQ1PC76 |
| 0.13% | ODFL | OLD DOMINION FREIGHT LINE | -- | $11,200,192.30 | 78,958 | 2656423 |
| 0.10% | ON | ON SEMICONDUCTOR | -- | $8,871,988.44 | 156,142 | 2583576 |
| 0.10% | LULU | LULULEMON ATHLETICA INC | -- | $8,310,483.38 | 42,986 | B23FN39 |
| 0.10% | CDW | CDW CORP/DE | -- | $8,308,587.44 | 49,204 | BBM5MD6 |
| 0.09% | GFS | GLOBALFOUNDRIES INC | -- | $7,556,659.82 | 206,579 | BMW7F63 |
| 0.08% | BIIB | BIOGEN INC | -- | $7,224,790.30 | 54,754 | 2455965 |
| 0.08% | ARM | ARM HOLDINGS PLC-ADR | -- | $6,876,661.14 | 49,983 | BNSP5P7 |
| 20.61% | -- | POWERSHARES QQQ (QQQ) SWAP GOLDMAN SACHS INTERNATIONAL | 1,756,628,044 | -- | 199,036 | -- |
| 11.10% | -- | NASDAQ 100 INDEX SWAP JPMORGAN CHASE BANK NA | 945,929,347 | -- | 41,555 | -- |
| 10.55% | -- | NASDAQ 100 INDEX SWAP BNP PARIBAS | 899,628,775 | -- | 39,521 | -- |
| 10.32% | -- | NASDAQ 100 INDEX SWAP NOMURA CAPITAL | 880,052,328 | -- | 38,661 | -- |
| 10.02% | -- | NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL | 854,238,734 | -- | 37,527 | -- |
| 9.93% | -- | NASDAQ 100 INDEX SWAP SOCIETE GENERALE | 846,385,392 | -- | 37,182 | -- |
| 9.15% | -- | NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL | 780,371,793 | -- | 34,282 | -- |
| 9.14% | -- | NASDAQ 100 INDEX SWAP CITIBANK NA | 779,256,391 | -- | 34,233 | -- |
| 8.84% | -- | NASDAQ 100 INDEX SWAP BANK OF AMERICA NA | 753,556,614 | -- | 33,104 | -- |
| 8.83% | -- | NASDAQ 100 E-MINI EQUITY INDEX 19/SEP/2025 NQU5 INDEX | 752,417,700 | -- | 1,644 | -- |
| 6.16% | -- | POWERSHARES QQQ (QQQ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | 525,410,382 | -- | 59,532 | -- |
| 4.94% | -- | NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | 421,303,341 | -- | 18,508 | -- |
| 4.91% | -- | NASDAQ 100 INDEX SWAP UBS AG | 418,503,454 | -- | 18,385 | -- |
| -- | -- | TREASURY BILL | -- | $299,217,093.00 | 300,000,000 | BS0D372 |
| -- | -- | TREASURY BILL | -- | $248,266,055.00 | 250,000,000 | BL54JX9 |
| -- | -- | TREASURY BILL | -- | $148,991,148.00 | 150,000,000 | BTWXNT9 |
| -- | -- | TREASURY BILL | -- | $99,573,500.00 | 100,000,000 | BRBL6T1 |
| -- | -- | TREASURY BILL | -- | $98,775,222.00 | 100,000,000 | BTK0WP1 |
| -- | -- | TREASURY BILL | -- | $49,506,144.00 | 50,000,000 | BT212N0 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,143,977,359.53 | 1,143,977,360 | -- |
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 |
|---|
Portfolio Hedging Series
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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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