Symbols

QLD

ProShares Ultra QQQ·ARCA

--(--)

Key Stats

Assets Under Management

9.51BUSD

Fund Flow (1Y)

706.65MUSD

Dividend Yield

0.18%

Discount / Premium to NAV

0.01%

Shares Outstanding

145.30M

Expense Ratio

0.95%

About ProShares Ultra QQQ

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/QLD

Inception Date

Jun 19, 2006

Structure

Open-Ended Fund

Index Tracked

NASDAQ-100 INDEX

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

QLD is a leveraged product and not a buy-and-hold ETF. The fund should only be used as a short-term tactical instrument. Like many leveraged funds, it delivers 2x exposure only over a one-day holding period. QLD should not be expected to provide index leverage returns greater than a one-day period. Over longer periods, returns can vary significantly from 2x the NASDAQ-100, a quirky but popular index dominated by technology stocks. As such, QLD's fate is closely tied to the technology market and, consequently, it's a poor proxy for the broader US large-cap market. The underlying index is rebalanced quarterly and reconstituted semi-annually.