EQQQ vs QLD: Grades, Fees and Holdings Compared

Proshares Ultra Qqq Equal Weight

EQQQBNasdaq

ProShares Ultra QQQ

QLDANYSE Arca

Overlap

31.9%by weight

Expense ratio

QLD −0.06pt a year

EQQQ0.95%QLD0.89%

Avg volume · 30D

QLD 784.0×the volume

EQQQ5.29KQLD4.15M

EQQQ vs QLD Performance

Jul 31, 2026 – Oct 30, 2026

−3.6%EQQQ−1.3%QLD

Expense ratio: EQQQ 0.95%; QLD 0.89%, better
Fund size: EQQQ $5M; QLD $13.3B
1Y total return: EQQQ No data; QLD +10.7%
Yield (12M): EQQQ No data; QLD 0.15%
Holdings: EQQQ 102; QLD 113
Avg volume (30D): EQQQ 5.29K sh; QLD 4.15M sh, better
NAV per share: EQQQ $37.84; QLD $82.56
52W range

ETF.net Grade

Pillar letters and Scores for EQQQ, QLD, with each pillar’s weight
Pillar	EQQQ	QLD
Cost30% weight	C51	A72Higher
Mission25% weight	Not scored	A95
Risk15% weight	B69Higher	B66
Tradability15% weight	B61	A100Higher
Holdings10% weight	Not scored	A72
Durability5% weight	C40	A81Higher

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›

Same Category. EQQQ and QLD are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds

See all 95 ›

QLD ranks 1st and EQQQ 18th of 95 funds in the Leveraged Long (2x & Other) Category.

Rank 1AQLDProShares Ultra QQQScore 77
Rank 2AUYGProShares Ultra FinancialsScore 74
Rank 16BUYMProShares Ultra MaterialsScore 57
Rank 18BEQQQProshares Ultra Qqq Equal WeightScore 56
Rank 18BUREProShares Ultra Real EstateScore 56

Our read on each fund

ETF.net Research

EQQQBProshares Ultra Qqq Equal Weight

QLDAProShares Ultra QQQ

In short

EQQQ No data

QLD The 2x dial on the Nasdaq-100. QLD aims for twice the index's daily move, half the dose of the 3x crowd, and it has been running that playbook since 2006. The multiple resets every session.

Stated mandate

EQQQ No data

QLD The fund seeks daily investment results, before fees and expenses, equal to twice the daily performance of the Nasdaq-100 Index.

Why people hold it

EQQQ No data

QLD Costs 0.89% net of a waiver through September 30, 2027 (0.96% gross), below the leveraged-bull category median and under Ultra stablemates ROM (0.93%) and DDM (0.95%).
Hits its stated daily 2x mark with very little drift, one of the tighter implementations among the roughly 100 leveraged bull funds in its group.
A multi-billion-dollar, actively traded fund, so entering and exiting rarely means hunting for the other side of the trade.
Trading since June 2006, which makes it one of the longest-running leveraged equity funds on the US shelf rather than a recent product-shelf experiment.

Worth knowing

EQQQ No data

QLD The 2x objective covers one day only. Hold longer and daily resets plus compounding can push results away from twice the index's move over that stretch, in either direction.proshares.com
Magnification runs both ways: a down day in the Nasdaq-100 lands on shareholders at roughly double size, same as an up day.
Cheap for geared exposure, still well above a plain unleveraged Nasdaq-100 tracker. The waiver is set to lapse September 30, 2027, after which the 0.96% gross rate applies unless renewed.

Full EQQQ profile⁠

Full QLD profile⁠

EQQQ vs QLD Holdings

How EQQQ and QLD differ

Overlap by weight

31.9%

Shared holdings make up 100% of EQQQ and 84.6% of QLD.

Level by level

Holdings101 in both31.9%
Countryby domicile90.1%
Asset classEquity100%

Sector

No Sector split for EQQQ.

Country, concentration and asset class

Country by domicile

Country weights in EQQQ and QLD, widest gap first
Country	More in EQQQMore in QLD	EQQQ	QLD
United States	QLD +9.3 points	88.0%	97.3%
Netherlands	EQQQ +3.1 points	4.0%	0.9%
United Kingdom	EQQQ +2.9 points	3.1%	0.2%
Canada	EQQQ +1.1 points	2.2%	1.1%
Ireland	EQQQ +1.0 points	1.0%	0.0%
Uruguay	EQQQ +0.9 points	0.9%	0.0%
Singapore	EQQQ +0.9 points	0.9%	0.0%
Other countries (2)	QLD +0.6 points	0.0%	0.6%

Concentration

Weight in the 10 largest Holdings

EQQQ80.9%
QLD53.3%

Securities held

EQQQ101
QLD112

Asset class

EQQQ: Equity
QLD: Equity

Holdings

Only in EQQQ0
In both101
Only in QLD11

Only in EQQQ

0 securities, 0.0% of EQQQ by weight

Only in QLD

11 securities, 15.4% of QLD by weight

Proshares Genius Mny Mkt Etf10.87%
TREASURY BILL, 0%, due 2026-12-291.31%
TREASURY BILL, 0%, due 2027-01-190.67%
TREASURY BILL, 0%, due 2026-11-030.49%
TREASURY BILL, 0%, due 2026-12-010.37%
TREASURY BILL, 0%, due 2026-12-240.37%
TREASURY BILL, 0%, due 2027-01-260.37%
TREASURY BILL, 0%, due 2027-02-110.37%
TREASURY BILL, 0%, due 2026-11-050.30%
TREASURY BILL, 0%, due 2026-12-170.24%
TREASURY BILL, 0%, due 2027-01-120.07%

Weight gaps

The 100 widest of 101 Holdings in both funds.

Holding weights in EQQQ and QLD, widest gap first
Holding	More in EQQQMore in QLD	EQQQ	QLD
Apple IncAAPL	QLD +5.63 points	0.25%	5.88%
NVIDIA CorpNVDA	QLD +5.55 points	0.21%	5.76%
Microsoft CorpMSFT	QLD +4.30 points	0.23%	4.53%
Micron Technology IncMU	QLD +3.02 points	0.20%	3.22%
Amazon.com IncAMZN	QLD +2.82 points	0.21%	3.03%
Advanced Micro DevicesAMD	QLD +2.42 points	0.24%	2.66%
Tesla IncTSLA	QLD +2.21 points	0.24%	2.45%
Meta Platforms Inc-Class AMETA	QLD +1.90 points	0.24%	2.14%
Alphabet Inc-Cl AGOOGL	QLD +1.83 points	0.09%	1.92%
Alphabet Inc-Cl CGOOG	QLD +1.71 points	0.09%	1.80%
Walmart IncWMT	QLD +1.68 points	0.26%	1.94%
Space Exploration Techn-Cl ASPCX	QLD +1.65 points	0.21%	1.86%
Broadcom IncAVGO	QLD +1.61 points	0.20%	1.81%
Costco Wholesale CorpCOST	QLD +1.20 points	0.25%	1.45%
Palantir Technologies Inc-APLTR	QLD +1.15 points	0.22%	1.37%
Cisco Systems IncCSCO	QLD +1.12 points	0.21%	1.33%
Intel CorpINTC	QLD +0.95 points	0.16%	1.11%
Applied Materials IncAMAT	QLD +0.81 points	0.19%	1.00%
Lam Research CorpLRCX	QLD +0.78 points	0.18%	0.96%
Palo Alto Networks IncPANW	QLD +0.74 points	0.22%	0.96%
Netflix IncNFLX	QLD +0.66 points	0.17%	0.83%
Texas Instruments IncTXN	QLD +0.63 points	0.26%	0.89%
Crowdstrike Holdings Inc - ACRWD	QLD +0.59 points	0.24%	0.83%
Amgen IncAMGN	QLD +0.56 points	0.25%	0.81%
Linde PLCLIN	QLD +0.53 points	0.23%	0.76%
Kla CorpKLAC	QLD +0.47 points	0.20%	0.67%
Gilead Sciences IncGILD	QLD +0.42 points	0.26%	0.68%
Analog Devices IncADI	QLD +0.40 points	0.25%	0.65%
Pepsico IncPEP	QLD +0.38 points	0.22%	0.60%
Sandisk CorpSNDK	QLD +0.38 points	0.16%	0.54%
Shopify Inc - Class ASHOP	QLD +0.37 points	0.24%	0.61%
Marvell Technology IncMRVL	QLD +0.35 points	0.21%	0.56%
T-Mobile Us IncTMUS	QLD +0.35 points	0.19%	0.54%
Qualcomm IncQCOM	QLD +0.34 points	0.22%	0.56%
Seagate Technology HoldingsSTX	QLD +0.30 points	0.17%	0.47%
Asml Holding Nv-Ny Reg ShsASML	QLD +0.28 points	0.19%	0.47%
Western Digital CorpWDC	QLD +0.25 points	0.18%	0.43%
Intuitive Surgical IncISRG	QLD +0.24 points	0.25%	0.49%
Vertex Pharmaceuticals IncVRTX	QLD +0.23 points	0.23%	0.46%
Booking Holdings IncBKNG	QLD +0.19 points	0.17%	0.36%
Starbucks CorpSBUX	QLD +0.16 points	0.22%	0.38%
Automatic Data ProcessingADP	QLD +0.15 points	0.23%	0.38%
Fortinet IncFTNT	QLD +0.14 points	0.18%	0.32%
Ge Healthcare TechnologyGEHC	EQQQ +0.13 points	0.24%	0.11%
Adobe IncADBE	QLD +0.13 points	0.19%	0.32%
Copart IncCPRT	EQQQ +0.11 points	0.20%	0.09%
Thomson Reuters CorpTRI	EQQQ +0.11 points	0.25%	0.14%
Dexcom IncDXCM	EQQQ +0.10 points	0.20%	0.10%
Microchip Technology IncMCHP	EQQQ +0.10 points	0.24%	0.14%
Workday Inc-Class AWDAY	EQQQ +0.11 points	0.23%	0.12%
Roper Technologies IncROP	EQQQ +0.10 points	0.25%	0.15%
Arm Holdings Plc-AdrARM	QLD +0.10 points	0.19%	0.29%
Keurig Dr Pepper IncKDP	EQQQ +0.09 points	0.25%	0.16%
Constellation EnergyCEG	QLD +0.09 points	0.21%	0.30%
Intuit IncINTU	QLD +0.09 points	0.21%	0.30%
Rocket Lab CorpRKLB	EQQQ +0.08 points	0.19%	0.11%
PayPal Holdings IncPYPL	EQQQ +0.08 points	0.24%	0.16%
Idexx Laboratories IncIDXX	EQQQ +0.08 points	0.22%	0.14%
Alnylam Pharmaceuticals IncALNY	EQQQ +0.08 points	0.15%	0.07%
Exelon CorpEXC	EQQQ +0.09 points	0.24%	0.15%
Ferrovial NVFER	EQQQ +0.08 points	0.21%	0.13%
Csx CorpCSX	QLD +0.08 points	0.23%	0.31%
Take-Two Interactive SoftwreTTWO	EQQQ +0.08 points	0.19%	0.11%
Cadence Design Sys IncCDNS	QLD +0.08 points	0.21%	0.29%
Old Dominion Freight LineODFL	EQQQ +0.07 points	0.19%	0.12%
Marriott International -Cl AMAR	QLD +0.08 points	0.26%	0.34%
Coca-Cola Europacific PartneCCEP	EQQQ +0.07 points	0.23%	0.16%
Xcel Energy IncXEL	EQQQ +0.08 points	0.24%	0.16%
Comcast Corp-Class ACMCSA	QLD +0.07 points	0.20%	0.27%
Monster Beverage CorpMNST	QLD +0.07 points	0.23%	0.30%
Paychex IncPAYX	EQQQ +0.07 points	0.20%	0.13%
Mercadolibre IncMELI	QLD +0.06 points	0.20%	0.26%
Strategy IncMSTR	EQQQ +0.07 points	0.22%	0.15%
Coreweave Inc-Cl ACRWV	EQQQ +0.06 points	0.14%	0.08%
Honeywell Aerospace IncHONA	EQQQ +0.06 points	0.22%	0.16%
Applovin Corp-Class AAPP	QLD +0.06 points	0.16%	0.22%
Doordash Inc - ADASH	QLD +0.07 points	0.17%	0.24%
Axon Enterprise IncAXON	EQQQ +0.06 points	0.17%	0.11%
Synopsys IncSNPS	QLD +0.05 points	0.24%	0.29%
Autodesk IncADSK	EQQQ +0.05 points	0.22%	0.17%
Astera Labs IncALAB	EQQQ +0.05 points	0.19%	0.14%
Nebius Group NVNBIS	EQQQ +0.05 points	0.17%	0.12%
Nxp Semiconductors NVNXPI	EQQQ +0.05 points	0.26%	0.21%
Diamondback Energy IncFANG	EQQQ +0.05 points	0.24%	0.19%
Fastenal CoFAST	EQQQ +0.05 points	0.24%	0.19%
Pdd Holdings IncPDD	EQQQ +0.04 points	0.21%	0.17%
Regeneron PharmaceuticalsREGN	QLD +0.04 points	0.26%	0.30%
Lumentum Holdings IncLITE	QLD +0.03 points	0.21%	0.24%
Cintas CorpCTAS	QLD +0.03 points	0.25%	0.28%
Teradyne IncTER	EQQQ +0.03 points	0.17%	0.14%
Datadog Inc - Class ADDOG	QLD +0.03 points	0.22%	0.25%
Mondelez International Inc-AMDLZ	QLD +0.04 points	0.23%	0.27%
Monolithic Power Systems IncMPWR	EQQQ +0.03 points	0.22%	0.19%
Airbnb Inc-Class AABNB	QLD +0.02 points	0.20%	0.22%
Baker Hughes CoBKR	EQQQ +0.01 points	0.19%	0.18%
Ross Stores IncROST	QLD +0.02 points	0.22%	0.24%
Paccar IncPCAR	EQQQ +0.01 points	0.18%	0.17%
American Electric PowerAEP	EQQQ +0.01 points	0.24%	0.23%
O'reilly Automotive IncORLY	QLD +0.01 points	0.22%	0.23%
Honeywell International IncHON	EQQQ +0.01 points	0.23%	0.22%

All EQQQ holdings⁠All 121 QLD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EQQQ vs QLD Cost

Overpaying EQQQ vs QLD

$997

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

EQQQ 0.95%
$17,869
QLD 0.89%
$16,872

Amount$10,000

Years30 years

Cost over time

EQQQ 0.95%
QLD 0.89%
Overpaying

Year by year

Year	EQQQ	QLD	Overpaying
10	$1,678	$1,576	$102
20	$6,322	$5,953	$369
30	$17,869	$16,872	$997

Expense ratio

0.95%EQQQ
0.89%QLD, cheaper

QLD0.89%EQQQ0.95%

0.20%2.19%

Middle half of Leveraged Long (2x & Other) funds
Median 0.95%

QLD 28th cheapest of 95 funds

EQQQ 32nd cheapest of 95 funds

EQQQ vs QLD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EQQQ No data; QLD 0.15%
Payout (12M): EQQQ No data; QLD $0.12
Last payment: EQQQ $0.0043; QLD $0.03
Ex-dividend: EQQQ Sep 23, 2026; QLD Sep 23, 2026
Paid on: EQQQ Sep 29, 2026; QLD Sep 29, 2026
Frequency: EQQQ Irregular; QLD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EQQQIrregular · 1 paymentAll EQQQ payments⁠

QLDQuarterly · 21 paymentsAll QLD payments⁠

EQQQ vs QLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: EQQQ No dataQLD 36.7%
Return per unit of riskSharpe ratio, 3 years: EQQQ No dataQLD 1.04
Worst fallMax drawdown, 5 years: EQQQ No dataQLD −63.7%
Market sensitivityBeta, 5 years: EQQQ 0.00QLD 2.46; Market = 1

EQQQ and QLD in the news

All news⁠

ETF Filings
Simplify files six Smart Leverage ETFs that target 2x without a daily reset
Sep 11, 2026QLD

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EQQQ vs QLD

In short

Stated mandate

Why people hold it

Worth knowing

How EQQQ and QLD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EQQQ

Only in QLD

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Simplify files six Smart Leverage ETFs that target 2x without a daily reset