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QLD vs. QQQM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QLD and QQQM is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 1.0

Performance

QLD vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra QQQ (QLD) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
78.14%
65.53%
QLD
QQQM

Key characteristics

Sharpe Ratio

QLD:

0.09

QQQM:

0.37

Sortino Ratio

QLD:

0.38

QQQM:

0.61

Omega Ratio

QLD:

1.05

QQQM:

1.08

Calmar Ratio

QLD:

0.13

QQQM:

0.53

Martin Ratio

QLD:

0.32

QQQM:

1.41

Ulcer Index

QLD:

10.70%

QQQM:

5.08%

Daily Std Dev

QLD:

39.20%

QQQM:

19.52%

Max Drawdown

QLD:

-83.13%

QQQM:

-35.05%

Current Drawdown

QLD:

-24.87%

QQQM:

-12.24%

Returns By Period

In the year-to-date period, QLD achieves a -16.58% return, which is significantly lower than QQQM's -7.38% return.


QLD

YTD

-16.58%

1M

-14.24%

6M

-7.67%

1Y

2.95%

5Y*

33.85%

10Y*

26.54%

QQQM

YTD

-7.38%

1M

-6.86%

6M

-1.45%

1Y

6.94%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


QLD vs. QQQM - Expense Ratio Comparison

QLD has a 0.95% expense ratio, which is higher than QQQM's 0.15% expense ratio.


QLD
ProShares Ultra QQQ
Expense ratio chart for QLD: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QLD: 0.95%
Expense ratio chart for QQQM: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQM: 0.15%

Risk-Adjusted Performance

QLD vs. QQQM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QLD
The Risk-Adjusted Performance Rank of QLD is 2727
Overall Rank
The Sharpe Ratio Rank of QLD is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of QLD is 2929
Sortino Ratio Rank
The Omega Ratio Rank of QLD is 3030
Omega Ratio Rank
The Calmar Ratio Rank of QLD is 2828
Calmar Ratio Rank
The Martin Ratio Rank of QLD is 2525
Martin Ratio Rank

QQQM
The Risk-Adjusted Performance Rank of QQQM is 4444
Overall Rank
The Sharpe Ratio Rank of QQQM is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQM is 4040
Sortino Ratio Rank
The Omega Ratio Rank of QQQM is 4242
Omega Ratio Rank
The Calmar Ratio Rank of QQQM is 5454
Calmar Ratio Rank
The Martin Ratio Rank of QQQM is 4343
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QLD vs. QQQM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ (QLD) and Invesco NASDAQ 100 ETF (QQQM). 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.


Sharpe ratio
The chart of Sharpe ratio for QLD, currently valued at 0.09, compared to the broader market-1.000.001.002.003.004.005.00
QLD: 0.09
QQQM: 0.37
The chart of Sortino ratio for QLD, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.00
QLD: 0.38
QQQM: 0.61
The chart of Omega ratio for QLD, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.00
QLD: 1.05
QQQM: 1.08
The chart of Calmar ratio for QLD, currently valued at 0.13, compared to the broader market0.005.0010.0015.00
QLD: 0.13
QQQM: 0.53
The chart of Martin ratio for QLD, currently valued at 0.32, compared to the broader market0.0020.0040.0060.0080.00100.00
QLD: 0.32
QQQM: 1.41

The current QLD Sharpe Ratio is 0.09, which is lower than the QQQM Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of QLD and QQQM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.09
0.37
QLD
QQQM

Dividends

QLD vs. QQQM - Dividend Comparison

QLD's dividend yield for the trailing twelve months is around 0.27%, less than QQQM's 0.64% yield.


TTM20242023202220212020201920182017201620152014
QLD
ProShares Ultra QQQ
0.27%0.25%0.33%0.31%0.00%0.00%0.13%0.06%0.02%0.90%0.11%0.19%
QQQM
Invesco NASDAQ 100 ETF
0.64%0.61%0.65%0.83%0.40%0.16%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QLD vs. QQQM - Drawdown Comparison

The maximum QLD drawdown since its inception was -83.13%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for QLD and QQQM. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-24.87%
-12.24%
QLD
QQQM

Volatility

QLD vs. QQQM - Volatility Comparison

ProShares Ultra QQQ (QLD) has a higher volatility of 15.37% compared to Invesco NASDAQ 100 ETF (QQQM) at 7.61%. This indicates that QLD's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
15.37%
7.61%
QLD
QQQM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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