Key stats
About ProShares Ultra QQQ
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
QLD is a leveraged product and not a buy-and-hold ETF. The fund should only be used as a short-term tactical instrument. Like many leveraged funds, it delivers 2x exposure only over a one-day holding period. QLD should not be expected to provide index leverage returns greater than a one-day period. Over longer periods, returns can vary significantly from 2x the NASDAQ-100, a quirky but popular index dominated by technology stocks. As such, QLDs fate is closely tied to the technology market and, consequently, its a poor proxy for the broader US large-cap market. The underlying index is rebalanced quarterly and reconstituted semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Government
Stocks80.34%
Technology Services27.19%
Electronic Technology24.51%
Retail Trade8.91%
Health Technology4.20%
Consumer Services3.64%
Consumer Durables2.36%
Consumer Non-Durables2.34%
Communications1.49%
Producer Manufacturing1.45%
Utilities1.22%
Process Industries1.15%
Transportation0.86%
Commercial Services0.37%
Distribution Services0.24%
Energy Minerals0.21%
Industrial Services0.19%
Bonds, Cash & Other19.66%
Government15.57%
Cash3.87%
Corporate0.22%
Stock breakdown by region
North America96.54%
Europe2.76%
Latin America0.69%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history