QQXL vs. USD
Compare and contrast key facts about ProShares Ultra QQQ Top 30 (QQXL) and ProShares Ultra Semiconductors (USD).
QQXL and USD 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. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007.
Performance
QQXL vs. USD - Performance Comparison
Loading graphics...
QQXL vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | -12.08% | 8.66% |
USD ProShares Ultra Semiconductors | -4.90% | 17.52% |
Returns By Period
In the year-to-date period, QQXL achieves a -12.08% return, which is significantly lower than USD's -4.90% return.
QQXL
- 1D
- 2.82%
- 1M
- -7.39%
- YTD
- -12.08%
- 6M
- -10.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USD
- 1D
- 4.03%
- 1M
- -7.90%
- YTD
- -4.90%
- 6M
- -1.21%
- 1Y
- 145.25%
- 3Y*
- 90.90%
- 5Y*
- 44.58%
- 10Y*
- 50.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QQXL vs. USD - Expense Ratio Comparison
Both QQXL and USD have an expense ratio of 0.95%.
Return for Risk
QQXL vs. USD — Risk / Return Rank
QQXL
USD
QQXL vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) and ProShares Ultra Semiconductors (USD). 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 graphics...
Sharpe Ratios by Period
| QQXL | USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.90 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 0.41 | -0.60 |
Correlation
The correlation between QQXL and USD is 0.82, 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.
Dividends
QQXL vs. USD - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.73%, more than USD's 0.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 0.73% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USD ProShares Ultra Semiconductors | 0.48% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Drawdowns
QQXL vs. USD - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for QQXL and USD.
Loading graphics...
Drawdown Indicators
| QQXL | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -88.63% | +61.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.85% | — |
Current DrawdownCurrent decline from peak | -19.73% | -21.24% | +1.51% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -32.60% | +24.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.60% | — |
Volatility
QQXL vs. USD - Volatility Comparison
Loading graphics...
Volatility by Period
| QQXL | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 21.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 48.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 36.70% | 77.08% | -40.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.70% | 76.24% | -39.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.70% | 68.85% | -32.15% |