ProShares Ultra QQQ
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.5%
1 yr return
67.3%
3 Yr Avg Return
7.6%
5 Yr Avg Return
26.1%
Net Assets
$6.16 B
Holdings in Top 10
34.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.98%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QLD - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return 7.6%
- 5 Yr Annualized Total Return 26.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.33%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares Ultra QQQ
-
Fund Family NameProShares Trust
-
Inception DateJun 21, 2006
-
Shares Outstanding72600000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Neches
Fund Description
QLD - Performance
Return Ranking - Trailing
Period | QLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -26.9% | 56.3% | 38.61% |
1 Yr | 67.3% | -27.7% | 238.4% | 8.86% |
3 Yr | 7.6%* | -59.2% | 43.2% | 14.56% |
5 Yr | 26.1%* | -47.2% | 47.9% | 7.05% |
10 Yr | 29.4%* | -46.2% | 43.1% | 5.88% |
* Annualized
Return Ranking - Calendar
Period | QLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 116.9% | -56.9% | 257.9% | 6.33% |
2022 | -60.6% | -91.0% | 124.5% | 86.08% |
2021 | 54.7% | -79.4% | 168.2% | 21.52% |
2020 | 88.9% | -97.4% | 132.6% | 3.80% |
2019 | 81.4% | -53.1% | 229.8% | 9.62% |
Total Return Ranking - Trailing
Period | QLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -26.9% | 56.3% | 38.61% |
1 Yr | 67.3% | -27.7% | 238.4% | 8.86% |
3 Yr | 7.6%* | -59.2% | 43.2% | 14.56% |
5 Yr | 26.1%* | -47.2% | 47.9% | 7.05% |
10 Yr | 29.4%* | -46.2% | 43.1% | 5.88% |
* Annualized
Total Return Ranking - Calendar
Period | QLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 117.7% | -55.8% | 259.6% | 6.33% |
2022 | -60.5% | -91.0% | 130.7% | 84.81% |
2021 | 54.7% | -79.4% | 168.2% | 28.48% |
2020 | 88.9% | -97.4% | 132.6% | 5.06% |
2019 | 81.7% | -52.7% | 231.9% | 10.90% |
QLD - Holdings
Concentration Analysis
QLD | Category Low | Category High | QLD % Rank | |
---|---|---|---|---|
Net Assets | 6.16 B | 2.15 M | 22.2 B | 1.80% |
Number of Holdings | 127 | 5 | 1988 | 24.69% |
Net Assets in Top 10 | 2.14 B | 1.37 M | 8.6 B | 3.70% |
Weighting of Top 10 | 34.77% | 14.0% | 117.8% | 88.27% |
Top 10 Holdings
- Microsoft Corp. 5.70%
- Apple, Inc. 5.21%
- NVIDIA Corp. 3.62%
- Amazon.com, Inc. 3.39%
- Meta Platforms, Inc., Class A 3.21%
- Total Return Swap 3.11%
- Broadcom, Inc. 2.91%
- Total Return Swap 2.87%
- Total Return Swap 2.55%
- Total Return Swap 2.20%
Asset Allocation
Weighting | Return Low | Return High | QLD % Rank | |
---|---|---|---|---|
Stocks | 64.56% | 0.00% | 108.93% | 64.81% |
Other | 20.91% | -19.94% | 99.48% | 49.38% |
Cash | 14.53% | 0.00% | 98.79% | 30.86% |
Preferred Stocks | 0.00% | 0.00% | 3.17% | 37.04% |
Convertible Bonds | 0.00% | 0.00% | 0.32% | 41.36% |
Bonds | 0.00% | 0.00% | 59.38% | 46.30% |
Stock Sector Breakdown
Weighting | Return Low | Return High | QLD % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 34.46% |
Technology | 0.00% | 0.00% | 100.00% | 12.16% |
Real Estate | 0.00% | 0.00% | 100.00% | 62.84% |
Industrials | 0.00% | 0.00% | 100.00% | 44.59% |
Healthcare | 0.00% | 0.00% | 100.00% | 38.51% |
Financial Services | 0.00% | 0.00% | 100.00% | 61.49% |
Energy | 0.00% | 0.00% | 100.00% | 68.92% |
Communication Services | 0.00% | 0.00% | 100.00% | 21.62% |
Consumer Defense | 0.00% | 0.00% | 52.46% | 25.68% |
Consumer Cyclical | 0.00% | 0.00% | 94.15% | 20.95% |
Basic Materials | 0.00% | 0.00% | 100.00% | 72.97% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | QLD % Rank | |
---|---|---|---|---|
US | 64.56% | 0.00% | 108.93% | 64.81% |
Non US | 0.00% | 0.00% | 20.00% | 37.04% |
QLD - Expenses
Operational Fees
QLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.98% | 0.68% | 8.96% | 87.97% |
Management Fee | 0.75% | 0.00% | 0.95% | 31.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
QLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
QLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
QLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 266.00% | 21.80% |
QLD - Distributions
Dividend Yield Analysis
QLD | Category Low | Category High | QLD % Rank | |
---|---|---|---|---|
Dividend Yield | 0.28% | 0.00% | 18.26% | 62.28% |
Dividend Distribution Analysis
QLD | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annual |
Net Income Ratio Analysis
QLD | Category Low | Category High | QLD % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.33% | -2.77% | 2.92% | 34.18% |
Capital Gain Distribution Analysis
QLD | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.055 | OrdinaryDividend |
Dec 28, 2023 | $0.078 | OrdinaryDividend |
Sep 27, 2023 | $0.176 | OrdinaryDividend |
Dec 30, 2022 | $0.109 | OrdinaryDividend |
Apr 01, 2020 | $0.002 | OrdinaryDividend |
Jan 02, 2020 | $0.025 | OrdinaryDividend |
Jul 02, 2019 | $0.021 | OrdinaryDividend |
Mar 27, 2019 | $0.031 | OrdinaryDividend |
Jan 03, 2019 | $0.020 | OrdinaryDividend |
Jun 29, 2017 | $0.002 | OrdinaryDividend |
Mar 30, 2017 | $0.005 | OrdinaryDividend |
Dec 30, 2016 | $0.015 | OrdinaryDividend |
Jun 30, 2016 | $0.010 | OrdinaryDividend |
Apr 01, 2016 | $0.027 | OrdinaryDividend |
Dec 31, 2015 | $0.012 | OrdinaryDividend |
Apr 02, 2015 | $0.010 | OrdinaryDividend |
Dec 31, 2014 | $0.010 | OrdinaryDividend |
Jul 03, 2014 | $0.023 | OrdinaryDividend |
Mar 26, 2013 | $0.016 | OrdinaryDividend |
Jan 03, 2013 | $0.010 | OrdinaryDividend |
Jun 30, 2008 | $0.002 | OrdinaryDividend |
Apr 02, 2007 | $0.001 | OrdinaryDividend |
QLD - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Oct 01, 2013
8.67
8.7%
Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.
Devin Sullivan
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
1.79 | 28.9 | 9.84 | 8.67 |