- CUSIP
- 74349Y464
- Issuer
- ProShares
- Inception Date
- Aug 13, 2025
- Category
- Leveraged Equities
- 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
- Assets Under Management
- $5M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
QQXL Performance Chart
ProShares Ultra QQQ Top 30 (QQXL) is up 39.7% since the beginning of the year. QQXL is currently trading at $60 per share.
Loading charts...
Returns By Period
ProShares Ultra QQQ Top 30
- 1D
- -0.57%
- 1M
- 3.00%
- YTD
- 39.67%
- 6M
- 37.69%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
QQXL Monthly Returns History
Based on dividend-adjusted daily data since Aug 15, 2025, QQXL's average daily return is +0.23%, while the average monthly return is +4.70%. At this rate, an investment would double in approximately 1.3 years.
Historically, 45% of months were positive and 55% were negative. The best month was Apr 2026 with a return of +37.0%, 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 59% of trading days. The best single day was Mar 31, 2026 with a return of +7.4%, while the worst single day was Jun 5, 2026 at -10.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.70% | -7.41% | -9.20% | 36.98% | 22.23% | -2.43% | 39.67% | ||||||
| 2025 | -3.20% | 9.66% | 10.24% | -6.07% | -0.83% | 9.00% |
Benchmark Metrics
ProShares Ultra QQQ Top 30 has an annualized alpha of 6.99%, beta of 2.85, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since August 15, 2025.
- This ETF captured 491.57% of S&P 500 Index gains and 258.54% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 6.99% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 2.85 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 6.99%
- Beta
- 2.85
- R²
- 0.85
- Upside Capture
- 491.57%
- Downside Capture
- 258.54%
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 S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QQXL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
ProShares Ultra QQQ Top 30 provided a 0.46% 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 | 0.46% | 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 | $0.00 | $0.00 | $0.00 | $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.
Loading charts...
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. Recovery took 13 trading sessions.
The current ProShares Ultra QQQ Top 30 drawdown is 3.33%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -27.34%Mar 2026 | 5mo 1d | 18d | 5mo 19dOct 2025 - Apr 2026 |
2026 correction2026 | -14.25%Jun 2026 | 7d | — | 20d 9hJun 2026 - now |
2025 pullback2025 | -6.67%Oct 2025 | 1d | 14d | 15dOct 2025 - Oct 2025 |
2026 pullback2026 | -6.29%May 2026 | 4d | 7d | 11dMay 2026 - May 2026 |
2025 pullback2025 | -5.64%Aug 2025 | 2d | 20d | 22dAug 2025 - Sep 2025 |
Drawdown Indicators
| QQXL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -56.78% | +29.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -3.33% | -1.80% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -10.71% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with QQXL
Add ProShares Ultra QQQ Top 30 to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with QQXL