ATLASProShares Ultra QQQ (QLD): outlook, holdings and fees
ProShares Ultra QQQ (QLD) is an exchange-traded fund and is managed by ProShares. The expense ratio is 0.99% and the yield is 0.13%. The ten largest holdings are 38% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QLD
| Last price | $83.92 (+1.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 49% |
| Likely 1-month range (50%) | $77.16 – $90.66 |
| Normal 1-day range (±1σ) | ±2.7% |
| Distribution yield | 0.13% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
QLD fund facts
| Issuer | ProShares |
|---|---|
| Theme | Leveraged |
| Assets under management | $15.6B |
| Expense ratio | 0.99% |
| Number of holdings | 36 |
| Portfolio turnover | 27% |
| Inception | Jun 19, 2006 |
| Exchange | NYSE |
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of 100 of the largest Nasdaq-listed non-financial companies. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
QLD top holdings
| Holding | Sector | Weight |
|---|---|---|
| Proshares Genius Money Market ETF IQMM | – | 9.10% |
| NVIDIA Corporation NVDA | Technology | 5.72% |
| Apple Inc. AAPL | Technology | 4.79% |
| Microsoft Corporation MSFT | Technology | 3.78% |
| Micron Technology Inc MU | Technology | 3.13% |
| Advanced Micro Devices Inc AMD | Technology | 2.77% |
| Amazon.com Inc AMZN | Consumer Cyclical | 2.80% |
| Meta Platforms Inc. META | Communication Services | 2.06% |
| Alphabet Inc Class A GOOGL | Communication Services | 1.94% |
| Tesla Inc TSLA | Consumer Cyclical | 2.03% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QLD sector breakdown
| Sector | Weight |
|---|---|
| Technology | 59.4% |
| Communication Services | 12.6% |
| Consumer Cyclicals | 10.7% |
| Consumer Defensive | 5.8% |
| Industrials | 5.2% |
| Healthcare | 3.8% |
| Utilities | 1.0% |
| Basic Materials | 0.9% |
| Energy | 0.5% |
| Financial Services | 0.2% |
By region: North America 98.3%, Europe Developed 0.9%, Latin America 0.4%, Asia Emerging 0.2%, United Kingdom 0.2%.
QLD returns and risk
| Year to date | +40.5% |
|---|---|
| 1 year | +40.2% |
| 3 years (annualised) | +48.4% |
| 5 years (annualised) | +22.8% |
| 10 years (annualised) | +33.1% |
| Volatility (3 years) | 35.1% |
| Sharpe ratio (3 years) | 1.13 |
Past returns do not guarantee future results.
QLD: frequently asked questions
What does QLD invest in?
ProShares Ultra QQQ invests in a portfolio of securities. Its largest holdings are Proshares Genius Money Market ETF (9.1%), NVIDIA Corporation (5.7%), Apple Inc. (4.8%), Microsoft Corporation (3.8%), Micron Technology Inc (3.1%).
What is the QLD expense ratio?
0.99% a year: about $99.00 for every $10,000 invested.
What is the QLD dividend yield?
0.13%. ATLAS does not hold the exact distribution dates for ETFs.
Will QLD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 49%, with a likely range (50%) of $77.16 to $90.66 from $83.92 today. It is a probability, not a prediction.
How has QLD performed?
Year to date +40.5%, one year +40.2%, three years +48.4% a year, five years +22.8% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer