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ProShares Ultra QQQ Top 30 (QQXL)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
74349Y464
Issuer
ProShares
Inception Date
Aug 13, 2025
Leveraged
2x
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra QQQ Top 30, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


ProShares Ultra QQQ Top 30

1D
7.43%
1M
-9.20%
YTD
-14.50%
6M
-12.20%
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 15, 2025, QQXL's average daily return is -0.02%, while the average monthly return is -0.68%.

Historically, 38% of months were positive and 63% were negative. The best month was Oct 2025 with a return of +10.2%, while the worst month was Mar 2026 at -9.2%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 2 months.

On a daily basis, QQXL closed higher 56% of trading days. The best single day was Mar 31, 2026 with a return of +7.4%, while the worst single day was Oct 10, 2025 at -6.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.70%-7.41%-9.20%-14.50%
2025-3.51%9.66%10.24%-6.07%-0.83%8.66%

Benchmark Metrics

ProShares Ultra QQQ Top 30 has an annualized alpha of -11.85%, beta of 2.70, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since August 18, 2025.

  • This ETF participated in 236.91% of S&P 500 Index downside but only 153.32% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -11.85% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • Beta of 2.70 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
-11.85%
Beta
2.70
0.86
Upside Capture
153.32%
Downside Capture
236.91%

Expense Ratio

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


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

ProShares Ultra QQQ Top 30 provided a 0.75% dividend yield over the last twelve months, with an annual payout of $0.27 per share.


0.08%$0.00$0.01$0.01$0.02$0.02$0.03$0.03$0.042025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$0.27$0.03

Dividend yield

0.75%0.08%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra QQQ Top 30. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.24$0.24
2025$0.00$0.00$0.00$0.03$0.03

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra QQQ Top 30. 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 QQQ Top 30 was 27.34%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current ProShares Ultra QQQ Top 30 drawdown is 21.94%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-27.34%Oct 30, 2025103Mar 30, 2026
-6.67%Oct 9, 20252Oct 10, 202510Oct 24, 202512
-5.64%Aug 19, 20253Aug 21, 202513Sep 10, 202516
-3.36%Sep 23, 20253Sep 25, 20257Oct 6, 202510
-1.28%Sep 16, 20252Sep 17, 20252Sep 19, 20254

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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