ProShares Ultra QQQ Top 30 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Top 30 Index. 1.16% expense ratio, $5M AUM, inception 2025.
ProShares Ultra QQQ Top 30 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Top 30 Index. 1.16% expense ratio, $5M AUM, inception 2025.
ETF Overview
ProShares Ultra QQQ Top 30 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Top 30 Index.
ProShares Ultra QQQ Top 30 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Top 30 Index. ProShares - Ultra QQQ Top 30 provides exposure to the equity market.
Risk Metrics
ProShares - Ultra QQQ Top 30 holds only 0 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. A beta of 0.00 indicates lower volatility relative to the broader market. The 1.16% expense ratio is above average and will reduce net returns over time. With $5M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
ProShares Ultra QQQ Top 30 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Top 30 Index. With $5M in assets under management, it is a funds in its category.
What is the expense ratio for QQXL?
ProShares - Ultra QQQ Top 30 has an expense ratio of 1.16%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $116. Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in QQXL?
The three largest positions in ProShares - Ultra QQQ Top 30 are NVIDIA Corp (NVDA, 1.3%), Apple Inc (AAPL, 1.2%), Microsoft Corp (MSFT, 1.1%). Together these top three holdings represent 3.6% of the fund. The fund is relatively diversified across its holdings.
How long has QQXL been around?
ProShares - Ultra QQQ Top 30 was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by ProShares.
What is the current NAV of QQXL?
ProShares - Ultra QQQ Top 30 has a net asset value (NAV) of approximately $39.18 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.