ProShares Ultra QQQ Top 30 (QQXL) Alternatives
ProShares Ultra QQQ Top 30 (QQXL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQXL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QQXL
QQXL charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among QQXL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | QQXL vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | QQXL vs SPUU | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | QQXL vs TSLG | |
| Leverage Shares 2X Long RTX Daily ETF | 0.75% | Jun 5, 2025 | QQXL vs RTXG | |
| Leverage Shares 2X Long ADBE Daily ETF | 0.75% | Mar 20, 2025 | QQXL vs ADBG |
Best Risk-Adjusted Alternatives to QQXL
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | QQXL vs MUU | |
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | QQXL vs KORU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | QQXL vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | QQXL vs GGLL | |
| Leverage Shares 2X Long TSM Daily ETF | 95 | Jan 14, 2025 | QQXL vs TSMG |
Top Performing QQXL Alternatives (YTD)
QQXL alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 139.49% | Apr 9, 2019 | QQXL vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 113.23% | Feb 16, 2023 | QQXL vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | QQXL vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 87.03% | Apr 1, 2020 | QQXL vs GUSH | |
| Direxion Daily Energy Bull 2X Shares | 71.72% | Apr 1, 2020 | QQXL vs ERX |
Lowest Volatility Alternatives to QQXL
QQXL alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | QQXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | QQXL vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.90% | Jun 17, 2025 | QQXL vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | QQXL vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | QQXL vs XTJL |
Lowest Drawdown Alternatives to QQXL
QQXL alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | QQXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | QQXL vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | QQXL vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | QQXL vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | QQXL vs XTJL |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 47 | -17.87% | Feb 9, 2010 | QQXL vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -22.79% | Oct 19, 2021 | QQXL vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 53 | -11.23% | Jun 21, 2006 | QQXL vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 40 | -14.14% | Jun 23, 2009 | QQXL vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 45 | -8.90% | Jun 19, 2006 | QQXL vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 23 | 2.32% | Oct 9, 2013 | QQXL vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | -4.90% | Jan 30, 2007 | QQXL vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 13.99% | Feb 9, 2010 | QQXL vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 40.61% | Oct 3, 2011 | QQXL vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -46.65% | Apr 1, 2024 | QQXL vs BITU |
Often Compared With QQXL
What investors most often compare with QQXL, based on PortfoliosLab usage data.
Compare QQXL with Any Fund or Stock
Compare QQXL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.