QQXL vs. BOEG

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares Ultra QQQ Top 30 (QQXL) and Leverage Shares 2X Long BA Daily ETF (BOEG).

QQXL and BOEG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQXL is an actively managed fund by ProShares. It was launched on Aug 13, 2025. BOEG is an actively managed fund by Leverage Shares. It was launched on Jun 12, 2025.

Performance

QQXL vs. BOEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra QQQ Top 30 (QQXL) and Leverage Shares 2X Long BA Daily ETF (BOEG). The values are adjusted to include any dividend payments, if applicable.

QQXL vs. BOEG - Yearly Performance Comparison

	2026 (YTD)	2025
QQXL ProShares Ultra QQQ Top 30	-12.08%	8.66%
BOEG Leverage Shares 2X Long BA Daily ETF	-13.52%	-22.84%

Returns By Period

In the year-to-date period, QQXL achieves a -12.08% return, which is significantly higher than BOEG's -13.52% return.

QQXL

• 1D: 2.82%
• 1M: -7.39%
• YTD: -12.08%
• 6M: -10.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOEG

• 1D: 8.66%
• 1M: -20.31%
• YTD: -13.52%
• 6M: -16.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQXL vs. BOEG - Expense Ratio Comparison

QQXL has a 0.95% expense ratio, which is higher than BOEG's 0.75% expense ratio.

QQXL

ProShares Ultra QQQ Top 30

BOEG

Leverage Shares 2X Long BA Daily ETF

Return for Risk

QQXL vs. BOEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QQXL	BOEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	-0.15	-0.04

Correlation

The correlation between QQXL and BOEG is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QQXL vs. BOEG - Dividend Comparison

QQXL's dividend yield for the trailing twelve months is around 0.73%, while BOEG has not paid dividends to shareholders.

	TTM	2025
QQXL ProShares Ultra QQQ Top 30	0.73%	0.08%
BOEG Leverage Shares 2X Long BA Daily ETF	0.00%	0.00%

Drawdowns

QQXL vs. BOEG - Drawdown Comparison

The maximum QQXL drawdown since its inception was -27.34%, smaller than the maximum BOEG drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for QQXL and BOEG.

Drawdown Indicators

	QQXL	BOEG	Difference
Max Drawdown Largest peak-to-trough decline	-27.34%	-46.47%	+19.13%
Current Drawdown Current decline from peak	-19.73%	-35.07%	+15.34%
Average Drawdown Average peak-to-trough decline	-7.69%	-17.67%	+9.98%

Volatility

Volatility by Period

	QQXL	BOEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.70%	61.69%	-24.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.70%	61.69%	-24.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.70%	61.69%	-24.99%