ProShares Ultra QQQ
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
31.4%
1 yr return
61.6%
3 Yr Avg Return
3.8%
5 Yr Avg Return
30.1%
Net Assets
$6.16 B
Holdings in Top 10
41.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QLD - Profile
Distributions
- YTD Total Return 31.4%
- 3 Yr Annualized Total Return 3.8%
- 5 Yr Annualized Total Return 30.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.33%
- Dividend Yield 0.2%
- 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 | 31.4% | -65.3% | 134.5% | 23.42% |
1 Yr | 61.6% | -39.3% | 240.1% | 22.15% |
3 Yr | 3.8%* | -53.4% | 44.2% | 36.71% |
5 Yr | 30.1%* | -40.0% | 58.2% | 7.05% |
10 Yr | 28.5%* | -34.5% | 44.4% | 5.80% |
* 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 | 31.4% | -65.3% | 134.5% | 23.42% |
1 Yr | 61.6% | -39.3% | 240.1% | 22.15% |
3 Yr | 3.8%* | -53.4% | 44.2% | 36.71% |
5 Yr | 30.1%* | -40.0% | 58.2% | 7.05% |
10 Yr | 28.5%* | -34.5% | 44.4% | 5.80% |
* 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 | 1.73 M | 22.2 B | 1.80% |
Number of Holdings | 127 | 5 | 2009 | 25.31% |
Net Assets in Top 10 | 2.61 B | 1.08 M | 9.23 B | 2.47% |
Weighting of Top 10 | 40.97% | 13.9% | 185.3% | 80.25% |
Top 10 Holdings
- Apple, Inc. 6.59%
- Microsoft Corp. 5.82%
- NVIDIA Corp. 5.51%
- U.S. Treasury Bills 4.24%
- Broadcom, Inc. 3.66%
- Amazon.com, Inc. 3.49%
- Meta Platforms, Inc., Class A 3.41%
- Total Return Swap 3.24%
- Total Return Swap 2.64%
- Total Return Swap 2.37%
Asset Allocation
Weighting | Return Low | Return High | QLD % Rank | |
---|---|---|---|---|
Stocks | 71.91% | 0.00% | 375.12% | 47.53% |
Other | 16.98% | -7.39% | 99.69% | 55.56% |
Cash | 11.11% | 0.00% | 104.72% | 38.27% |
Preferred Stocks | 0.00% | 0.00% | 1.99% | 36.42% |
Convertible Bonds | 0.00% | 0.00% | 0.32% | 40.74% |
Bonds | 0.00% | 0.00% | 37.59% | 45.68% |
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 | 71.91% | 0.00% | 375.12% | 47.53% |
Non US | 0.00% | 0.00% | 20.00% | 35.80% |
QLD - Expenses
Operational Fees
QLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.68% | 5.63% | 87.97% |
Management Fee | 0.75% | 0.00% | 0.95% | 29.94% |
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 | 0.21% | 0.00% | 18.26% | 62.28% |
Dividend Distribution Analysis
QLD | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
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 |
---|---|---|
Sep 25, 2024 | $0.051 | OrdinaryDividend |
Jun 26, 2024 | $0.106 | OrdinaryDividend |
Mar 20, 2024 | $0.055 | OrdinaryDividend |
Dec 20, 2023 | $0.078 | OrdinaryDividend |
Sep 20, 2023 | $0.176 | OrdinaryDividend |
Dec 22, 2022 | $0.109 | OrdinaryDividend |
Mar 25, 2020 | $0.002 | OrdinaryDividend |
Dec 24, 2019 | $0.012 | OrdinaryDividend |
Jun 25, 2019 | $0.010 | OrdinaryDividend |
Mar 20, 2019 | $0.016 | OrdinaryDividend |
Dec 26, 2018 | $0.010 | OrdinaryDividend |
Jun 21, 2017 | $0.001 | OrdinaryDividend |
Mar 22, 2017 | $0.002 | OrdinaryDividend |
Dec 21, 2016 | $0.007 | OrdinaryDividend |
Jun 22, 2016 | $0.005 | OrdinaryDividend |
Mar 23, 2016 | $0.014 | OrdinaryDividend |
Dec 22, 2015 | $0.006 | OrdinaryDividend |
Mar 25, 2015 | $0.005 | OrdinaryDividend |
Dec 22, 2014 | $0.005 | OrdinaryDividend |
Jun 25, 2014 | $0.011 | OrdinaryDividend |
Mar 20, 2013 | $0.008 | OrdinaryDividend |
Dec 26, 2012 | $0.005 | OrdinaryDividend |
Jun 24, 2008 | $0.001 | OrdinaryDividend |
Dec 20, 2007 | $0.002 | OrdinaryDividend |
Dec 20, 2007 | $0.145 | CapitalGainShortTerm |
Dec 20, 2007 | $0.012 | CapitalGainLongTerm |
Mar 27, 2007 | $0.000 | OrdinaryDividend |
Dec 20, 2006 | $0.003 | OrdinaryDividend |
Dec 20, 2006 | $0.161 | CapitalGainShortTerm |
Dec 20, 2006 | $0.005 | CapitalGainLongTerm |
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 |