Fondsoverzicht
ProShares Ultra QQQ (QLD) is a leveraged equity fund managed by the ProShares fund family, designed to provide amplified exposure to the Nasdaq-100 Index. The fund currently oversees $8.35 billion in total assets, a substantial scale that indicates significant market participation and liquidity for institutional and retail participants. While specific holdings count data is not available for this instrument, the leveraged structure implies a concentrated portfolio strategy rather than broad diversification across unrelated sectors. The expense ratio is set at 0.9%, which represents a higher-cost structure compared to standard equity funds, reflecting the operational complexity and leverage costs inherent in leveraged products.
Prestatieanalyse
The fund currently offers a yield of 0.2%, a figure that suggests minimal income generation for investors seeking dividend-based returns or cash flow from their equity positions. Year-to-date, the fund has recorded a return of -13.2%, indicating a decline in asset value over the current calendar year which may reflect broader market corrections or sector-specific headwinds affecting the underlying index. Historical consistency is highlighted by a three-year average return of 41.1% and a five-year average return of 16.0%, demonstrating that the fund has generated significant gains over rolling periods despite recent short-term losses. The disparity between the negative year-to-date performance of -13.2% and the positive long-term averages suggests that the fund is highly sensitive to short-term market fluctuations, where recent volatility can temporarily overshadow longer-term compounding trends. Over extended horizons, the 0.9% expense ratio will cumulatively reduce net returns, a critical factor for leveraged funds where the compounding effect of costs can erode the amplified returns generated by the underlying assets.
Price & Risk Profile
The 52-week trading range spans from a low of $35.98 to a high of $76.67, illustrating a wide price band that underscores the extreme volatility characteristic of leveraged equity instruments. Based on the 52-week high of $76.67 and low of $35.98, the current price action must be evaluated within this nearly doubled price spread to understand the magnitude of recent drawdowns or rallies relative to the annual range. The fund's beta is listed as N/A in available data, meaning a direct volatility comparison to the broader market cannot be quantified through this specific metric in this context, though the leveraged nature of the ETF inherently implies volatility significantly higher than a standard 1.0 beta benchmark. The overall risk profile is defined by the combination of high leverage, a wide price range, and a substantial expense ratio, creating an instrument that offers amplified upside potential but also exposes investors to accelerated losses during market downturns. The wide gap between the 52-week high and low further indicates that price movements can be rapid and severe, requiring investors to closely monitor the underlying market conditions that drive the Nasdaq-100 Index.