ProShares Ultra Top QQQ (QQUP)

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The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Top QQQ, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Based on dividend-adjusted daily data since Jun 12, 2025, QQUP's average daily return is +0.08%, while the average monthly return is +1.44%. At this rate, your investment would double in approximately 4.0 years.

Historically, 50% of months were positive and 50% were negative. The best month was Sep 2025 with a return of +14.0%, while the worst month was Feb 2026 at -12.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, QQUP closed higher 58% of trading days. The best single day was Mar 31, 2026 with a return of +8.6%, while the worst single day was Oct 10, 2025 at -7.2%.

ProShares Ultra Top QQQ has an annualized alpha of -8.44%, beta of 2.78, and R² of 0.76 versus S&P 500 Index. Calculated based on daily prices since June 13, 2025.

• This ETF captured 373.74% of S&P 500 Index gains and 322.49% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This ETF had an annualized alpha of -8.44% versus S&P 500 Index — delivering less than market exposure alone would predict.
• Beta of 2.78 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

QQUP has a high expense ratio of 0.95%, indicating above-average management fees.

The table below present risk-adjusted performance metrics for ProShares Ultra Top QQQ (QQUP) and compare them to a chosen benchmark (S&P 500 Index).

ProShares Ultra Top QQQ provided a 0.63% dividend yield over the last twelve months, with an annual payout of $0.28 per share.

The table displays the monthly dividend distributions for ProShares Ultra Top QQQ. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the ProShares Ultra Top QQQ. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Ultra Top QQQ was 37.67%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current ProShares Ultra Top QQQ drawdown is 32.30%.

The chart below shows the rolling one-month volatility.