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 a closer substitute for your current allocation.
Cheapest Alternatives to QQXL
QQXL charges 0.95% annually. There are 100 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | QQXL vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | QQXL vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | QQXL vs SPUU | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | 82.29M | Mar 2025 | QQXL vs HOOG | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | 101.28M | Jan 2025 | QQXL vs ARMG |
Best Risk-Adjusted Alternatives to QQXL
Among 270 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | QQXL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | QQXL vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | QQXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | QQXL vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | QQXL vs INTW |
Top Performing QQXL Alternatives (YTD)
QQXL is at 26.49% YTD. There are 82 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 589.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 589.77% | 162.40M | Feb 2025 | QQXL vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 449.17% | 6.16B | Oct 2024 | QQXL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 436.29% | 923.53M | Nov 2024 | QQXL vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 332.72% | 509.42M | Feb 2025 | QQXL vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 332.54% | 101.49M | Nov 2025 | QQXL vs LINT |
Lowest Volatility Alternatives to QQXL
QQXL has 41.46% 1-year volatility. There are 87 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | QQXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.23% | 20.50M | Apr 2021 | QQXL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | QQXL vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | QQXL vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.63% | 20.95M | Jul 2021 | QQXL vs QTJL |
Lowest Drawdown Alternatives to QQXL
Among 270 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | QQXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | QQXL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | QQXL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | QQXL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | QQXL vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 41 | 34.71% | 37.04B | Feb 2010 | QQXL vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 44 | 25.90% | 14.15B | Jun 2006 | QQXL vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -27.77% | 1.45B | Oct 2021 | QQXL vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 51 | 24.61% | 5.47B | Jun 2009 | QQXL vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 17.80% | 8.13B | Jun 2006 | QQXL vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 60 | 63.25% | 2.97B | Jan 2007 | QQXL vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 40 | 11.29% | 11.63B | Oct 2013 | QQXL vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -38.86% | 2.09B | Feb 2010 | QQXL vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 48 | 12.64% | 410.75M | Mar 2024 | QQXL vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -34.93% | 216.19M | Oct 2011 | QQXL vs UVXY |
Often Compared With QQXL
Investors most often compare QQXL with QQUP, QQQ, BULZ. These 20 comparison targets span 12 categories, 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.
Pair QQXL with funds that move differently
ProShares Ultra QQQ Top 30 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQXL.
Explore QQXL Diversifiers