QQXL vs. TERG
QQXL (ProShares Ultra QQQ Top 30) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. QQXL charges 0.95%/yr vs 0.75%/yr for TERG.
Performance
QQXL vs. TERG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQXL achieves a 41.81% return, which is significantly lower than TERG's 225.36% return.
QQXL
- 1D
- -1.36%
- 1M
- 16.51%
- YTD
- 41.81%
- 6M
- 39.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TERG
- 1D
- -1.30%
- 1M
- 23.46%
- YTD
- 225.36%
- 6M
- 202.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQXL vs. TERG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 41.81% | 1.81% |
TERG Leverage Shares 2X Long TER Daily ETF | 225.36% | 28.17% |
Correlation
The correlation between QQXL and TERG is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.66 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQXL vs. TERG - 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 TER Daily ETF (TERG). 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.
Loading charts...
Sharpe Ratios by Period
| QQXL | TERG | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 1.95 | 9.47 | -7.52 |
Drawdowns
QQXL vs. TERG - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, smaller than the maximum TERG drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for QQXL and TERG.
Loading charts...
Drawdown Indicators
| QQXL | TERG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -49.52% | +22.18% |
Current DrawdownCurrent decline from peak | -1.84% | -17.07% | +15.23% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -13.75% | +7.01% |
Volatility
QQXL vs. TERG - Volatility Comparison
Loading charts...
Volatility by Period
| QQXL | TERG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 36.93% | 138.78% | -101.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.93% | 138.78% | -101.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.93% | 138.78% | -101.85% |
QQXL vs. TERG - Expense Ratio Comparison
QQXL has a 0.95% expense ratio, which is higher than TERG's 0.75% expense ratio.
Dividends
QQXL vs. TERG - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.45%, while TERG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 0.45% | 0.08% |
TERG Leverage Shares 2X Long TER Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
QQXL and TERG have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TERG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TERG is cheaper with a 0.75% expense ratio, compared with 0.95% for QQXL.
QQXL has the higher dividend yield at 0.45%, compared with 0.00% for TERG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for QQXL and 0.75% for TERG.
Find the right allocation for QQXL and TERG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer