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ProShares Ultra QQQ(QLD)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
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- Profit
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Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QLD
09/25/2026: QLD (5-star) is a STRONG-BUY. BUY for 3 days. Simulated Profits (0.82%). Updated daily EoD!
ProShares Ultra QQQ (QLD) provides 2x daily leveraged exposure to the Nasdaq-100 Index, using derivatives to amplify index movements. It is known for high liquidity and reliable tracking of its daily objective, making it a popular choice for active traders and tactical market positioning. The primary utility is for short-term momentum strategies, as the fund is susceptible to volatility decay over longer holding periods due to daily rebalancing. Investors must be aware of the high risk of magnified losses and the costs associated with the leveraged structure. It is best suited for experienced investors with a short-term horizon who are actively monitoring market conditions.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | It provides magnified exposure to high-growth technology companies in the Nasdaq-100. |
| Momentum investor | Strong fit while signal remains positive | It is highly suitable for capturing short-term upward momentum in the Nasdaq-100 index. |
| Value investor | Weak fit | The fund's leveraged strategy and focus on growth-oriented tech stocks contradict typical value investing principles. |
| Dividend/Income investor | Weak fit | The fund is designed for capital appreciation through leverage and is not intended to provide dividend income. |
| Low-risk investor | Weak fit | The inherent leverage and volatility make this unsuitable for risk-averse investors. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced, active trader with a high risk tolerance who understands the implications of daily leverage and decay.
Suitability
QLD is designed for short-term tactical trading and is generally unsuitable for buy-and-hold investors.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Leverage amplifies daily price swings, leading to significant fluctuations in portfolio value. |
| Market risk | High | As a 2x levered fund, losses in the underlying index are doubled, which can rapidly erode capital. |
| Concentration | Medium / high | The fund is heavily concentrated in the technology sector, making it vulnerable to industry-specific downturns. |
| Tracking/expense | Medium | Daily rebalancing and derivative costs create tracking error and decay over holding periods longer than one day. |
| Liquidity | Low | The fund is highly liquid, meaning liquidity risk for the investor is generally minimal. |
| Business/sector quality | Medium | The underlying Nasdaq-100 consists of high-quality companies, but the leveraged structure adds structural risk. |
Risk Analysis
Volatility
QLD experiences significantly higher volatility than the underlying index due to the 2x leverage multiplier.
Market Risk
The fund is subject to the inherent risks of the Nasdaq-100, amplified by the daily leverage structure.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Single stock / Index | Nasdaq-100 Index — seeks 2x daily return | 100 | The fund tracks the Nasdaq-100 Index with a 2x daily multiplier, meaning it is designed to move twice as much as the underlying index on a daily basis. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type ETF | Historic Profit 83.37% | Avg. Invested days 56 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/25/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 26, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $15.14B |
| Issuer | ProShares |
| Expense Ratio | 0.95% |
| Distribution Yield | 0.13% |
| Inception | Jun 19, 2006 |
Performance
| Period | Total Return |
|---|---|
| YTD | +36.85% |
| 1 Year | +41.04% |
| 3 Year | +48.43% |
| 5 Year | +20.57% |
| 10 Year | +33.65% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 46.08% |
| 3Y Volatility | 36.53% |
| 3Y Sharpe Ratio | 0.98 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Sustainability Rating | 4 / 5 |
| Benchmark | S&P 500 TR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 37.94% |
| Large Cap | 21.70% |
| Mid Cap | 7.60% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 60.18% |
| Communication Services | 12.95% |
| Consumer Cyclicals | 10.59% |
| Consumer Defensive | 5.92% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 22.06x |
| Portfolio P/B | 7.02x |
| Portfolio P/S | 5.51x |
| Holdings Turnover | 27.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Proshares Genius Money Market ETF | 9.55% |
| NVIDIA | 5.44% |
| Apple | 4.91% |
| Microsoft | 3.70% |
| Micron Technology | 3.23% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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