Leveraged ETF Comparison: QLD vs. SSO - Which is Right for Investors?

The ProShares Ultra QQQ ETF (QLD) and ProShares Ultra S&P 500 ETF (SSO) are leveraged ETFs that double the daily returns of major US equity indexes. QLD tracks the Nasdaq-100 with a 53% technology allocation, while SSO tracks the S&P 500 with a broader sector mix. QLD has a higher expense ratio and risk, but a higher 1-year return. SSO has a lower expense ratio and dividend yield. Both funds reset their leverage daily and are best suited for short-term investments. Investors should consider their risk tolerance and investment goals before choosing between QLD and SSO.