QLD

ProShares Ultra QQQ
*Unless otherwise stated, data provided by FactSet.

QLD Fund Description

QLD provides 2x leveraged exposure to a modified market-cap-weighted index of 100 large nonfinancial stocks listed on NASDAQ.

QLD Factset Analytics Insight

As a levered product, QLD is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many levered funds, it delivers 2x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from 2x the NASDAQ-100, a quirky but popular index dominated by technology stocks. As such, QLD’s fate is closely tied to the technology market and, consequently, it’s a poor proxy for the broader US large-cap market. QLD’s fee is similar to most leveraged ETFs; however, as a short-term instrument, trading expenses are likely to play a bigger role than management fees. Fortunately, QLD trades extremely well with hefty daily volume and tight spreads. QLD’s liquidity makes it a viable choice for investors seeking tactical leveraged exposure to technology.

QLD MSCI ESG Analytics Insight

ProShares Ultra QQQ has an MSCI ESG Fund Rating of BBB based on a score of 5.50 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares Ultra QQQ ranks in the 52nd percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QLD CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 06/24/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QLD 6.97% 5.02% 45.32% 7.48% 39.94% 28.76% 35.56%
QLD (NAV) 11.42% 9.86% 45.38% 7.97% 42.93% 28.81% 35.05%
NASDAQ-100 Index 5.86% 5.71% 22.67% 8.49% 23.14% 16.62% 35.05%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QLD Summary Data

ProShares
06/19/06
Open-Ended Fund
0.95%
$1.93B
0.02%

QLD Portfolio Data

0.11%
06/25/19

QLD Index Data

NASDAQ-100 Index
Tiered
NASDAQ - Listed
N/A

QLD Fund Structure

Yes
No
No Policy
N/A
N/A
Low
2
Daily

QLD Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

QLD Factset Analytics Block Liquidity

As of 06/25/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QLD. QLD is rated a 5 out of 5.

QLD Tradability

1,699,766
$156.56M
1,638,562
$148.07M
0.02%
$0.02
0.00%
0.25% / -0.16%
None
0.00%
50,000
32.77
0.01%
--
14,594
$97.48
5

QLD MSCI ESG Ratings

BBB
5.50 / 10
--
52.05
8.62%
6.74%
49.01