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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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.70% | -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
- R²
- 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.
| Period | TTM | 2025 |
|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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, 2025 | 103 | Mar 30, 2026 | — | — | — |
| -6.67% | Oct 9, 2025 | 2 | Oct 10, 2025 | 10 | Oct 24, 2025 | 12 |
| -5.64% | Aug 19, 2025 | 3 | Aug 21, 2025 | 13 | Sep 10, 2025 | 16 |
| -3.36% | Sep 23, 2025 | 3 | Sep 25, 2025 | 7 | Oct 6, 2025 | 10 |
| -1.28% | Sep 16, 2025 | 2 | Sep 17, 2025 | 2 | Sep 19, 2025 | 4 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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