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QLD vs. LQQ.PA
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QLD vs. LQQ.PA

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares Ultra QQQ (QLD) and Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA).

QLD and LQQ.PA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006. LQQ.PA is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100® Leverage (2x) index. It was launched on Jun 27, 2006. Both QLD and LQQ.PA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QLD vs. LQQ.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra QQQ (QLD) and Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA). The values are adjusted to include any dividend payments, if applicable.

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QLD vs. LQQ.PA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QLD
ProShares Ultra QQQ		-11.23%30.36%42.82%117.72%-60.52%54.67%88.90%81.69%-8.31%70.34%
LQQ.PA
Lyxor UCITS NASDAQ-100 Daily Leverage		-11.91%29.49%47.31%119.04%-61.65%59.55%89.58%79.72%-8.07%69.54%
Different Trading Currencies

QLD is traded in USD, while LQQ.PA is traded in EUR. To make them comparable, the LQQ.PA values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QLD achieves a -11.23% return, which is significantly higher than LQQ.PA's -11.91% return. Both investments have delivered pretty close results over the past 10 years, with QLD having a 29.71% annualized return and LQQ.PA not far ahead at 29.96%.

QLD

1D
2.44%
1M
-8.26%
YTD
-11.23%
6M
-9.73%
1Y
38.72%
3Y*
36.50%
5Y*
15.83%
10Y*
29.71%

LQQ.PA

1D
6.31%
1M
-6.84%
YTD
-11.91%
6M
-8.44%
1Y
40.21%
3Y*
37.55%
5Y*
16.32%
10Y*
29.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ProShares Ultra QQQ

Lyxor UCITS NASDAQ-100 Daily Leverage

Often compared with QLD:
QLD vs. QQQQLD vs. TQQQQLD vs. SSOQLD vs. QQQMQLD vs. UPROQLD vs. VOOQLD vs. SPY
Often compared with LQQ.PA:
LQQ.PA vs. QQQ3.LLQQ.PA vs. PUST.PALQQ.PA vs. QDVE.DELQQ.PA vs. NASL.LLQQ.PA vs. EQQQ.LLQQ.PA vs. SPYLQQ.PA vs. IUIT.L

QLD vs. LQQ.PA - Expense Ratio Comparison

QLD has a 0.95% expense ratio, which is higher than LQQ.PA's 0.60% expense ratio.

QLD
ProShares Ultra QQQ
LQQ.PA
Lyxor UCITS NASDAQ-100 Daily Leverage

Return for Risk

QLD vs. LQQ.PA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QLD
QLD Risk / Return Rank: 5353
Overall Rank
QLD Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
QLD Sortino Ratio Rank: 5454
Sortino Ratio Rank
QLD Omega Ratio Rank: 5353
Omega Ratio Rank
QLD Calmar Ratio Rank: 6262
Calmar Ratio Rank
QLD Martin Ratio Rank: 5252
Martin Ratio Rank
LQQ.PA
LQQ.PA Risk / Return Rank: 5757
Overall Rank
LQQ.PA Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
LQQ.PA Sortino Ratio Rank: 4343
Sortino Ratio Rank
LQQ.PA Omega Ratio Rank: 4242
Omega Ratio Rank
LQQ.PA Calmar Ratio Rank: 8686
Calmar Ratio Rank
LQQ.PA Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QLD vs. LQQ.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ (QLD) and Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

QLDLQQ.PADifference

Sharpe ratio

Return per unit of total volatility

0.87

1.01

-0.14

Sortino ratio

Return per unit of downside risk

1.46

1.57

-0.11

Omega ratio

Gain probability vs. loss probability

1.21

1.21

0.00

Calmar ratio

Return relative to maximum drawdown

1.63

2.99

-1.37

Martin ratio

Return relative to average drawdown

5.27

10.60

-5.33

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QLD vs. LQQ.PA - Sharpe Ratio Comparison

The current QLD Sharpe Ratio is 0.87, which is comparable to the LQQ.PA Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of QLD and LQQ.PA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QLDLQQ.PADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.87

1.01

-0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

0.39

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

0.75

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.59

-0.06

Correlation

The correlation between QLD and LQQ.PA is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QLD vs. LQQ.PA - Dividend Comparison

QLD's dividend yield for the trailing twelve months is around 0.19%, while LQQ.PA has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
QLD
ProShares Ultra QQQ		0.19%0.17%0.25%0.33%0.31%0.00%0.00%0.13%0.06%0.02%0.21%0.11%
LQQ.PA
Lyxor UCITS NASDAQ-100 Daily Leverage		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QLD vs. LQQ.PA - Drawdown Comparison

The maximum QLD drawdown since its inception was -83.13%, which is greater than LQQ.PA's maximum drawdown of -78.94%. Use the drawdown chart below to compare losses from any high point for QLD and LQQ.PA.

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Drawdown Indicators

QLDLQQ.PADifference

Max Drawdown

Largest peak-to-trough decline

-83.13%

-75.86%

-7.27%

Max Drawdown (1Y)

Largest decline over 1 year

-25.13%

-24.34%

-0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-63.68%

-61.21%

-2.47%

Max Drawdown (10Y)

Largest decline over 10 years

-63.68%

-61.21%

-2.47%

Current Drawdown

Current decline from peak

-18.15%

-17.00%

-1.15%

Average Drawdown

Average peak-to-trough decline

-18.30%

-15.84%

-2.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.75%

6.75%

+1.00%

Volatility

QLD vs. LQQ.PA - Volatility Comparison

ProShares Ultra QQQ (QLD) has a higher volatility of 13.16% compared to Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) at 11.45%. This indicates that QLD's price experiences larger fluctuations and is considered to be riskier than LQQ.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QLDLQQ.PADifference

Volatility (1M)

Calculated over the trailing 1-month period

13.16%

11.45%

+1.71%

Volatility (6M)

Calculated over the trailing 6-month period

25.67%

23.60%

+2.07%

Volatility (1Y)

Calculated over the trailing 1-year period

44.97%

39.50%

+5.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.76%

41.07%

+3.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.47%

39.46%

+5.01%