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KPO vs QLD

Kensington Premium Opportunities Etf

KPO—Cboe

ProShares Ultra QQQ

QLDANYSE Arca

Overlap

Expense ratio

QLD −0.06pt a year

KPO0.95%QLD0.89%

Avg volume · 30D

QLD 248.3×the volume

KPO16.7KQLD4.15M

KPO vs QLD Performance

Sep 30, 2026 – Oct 30, 2026

−3.4%KPO−13.7%QLD

Sep 30, 2026 to Oct 30, 2026. KPO −3.4%. QLD −13.7%. Use the arrow keys to read each point.−10%0%5%Sep 30Oct 15Oct 30
Expense ratio
KPO 0.95%
QLD 0.89%, better
Fund size
KPO $11M
QLD $13.3B
1Y total return
KPO No data
QLD +10.7%
Yield (12M)
KPO No data
QLD 0.15%
Holdings
KPO 7
QLD 113
Avg volume (30D)
KPO 16.7K sh
QLD 4.15M sh, better
NAV per share
KPO $24.01
QLD $82.56
52W range

ETF.net Grade

  • —KPONot yet graded
QLD: Cost 72, Risk 66, Mission 95, Tradability 100, Holdings 72, Durability 81.
Pillar letters and Scores for KPO, QLD, with each pillar’s weight
PillarKPOQLD
Cost30% weightNot scoredA72
Mission25% weightNot scoredA95
Risk15% weightNot scoredB66
Tradability15% weightNot scoredA100
Holdings10% weightNot scoredA72
Durability5% weightNot scoredA81

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›

Our read on each fund

ETF.net Research

KPO—Kensington Premium Opportunities Etf

QLDAProShares Ultra QQQ

In short

KPO 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

KPO 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

KPO 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

KPO 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 KPO profile⁠

Full QLD profile⁠

KPO vs 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.

KPO vs QLD Cost

Overpaying KPO vs QLD

$997

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

  • KPO 0.95%

    $17,869

  • QLD 0.89%

    $16,872

$10,000
30 years

Cost over time

  • KPO 0.95%
  • QLD 0.89%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530KPO $17,869QLD $16,872

Year by year

YearKPOQLDOverpaying
10$1,678$1,576$102
20$6,322$5,953$369
30$17,869$16,872$997

Expense ratio

  • 0.95%KPO
  • 0.89%QLD, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

QLD 28th cheapest of 95 funds

KPO 32nd cheapest of 95 funds

KPO vs QLD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
KPO No data
QLD 0.15%
Payout (12M)
KPO None
QLD $0.12
Last payment
KPO No data
QLD $0.03
Ex-dividend
KPO No data
QLD Sep 23, 2026
Paid on
KPO No data
QLD Sep 29, 2026
Frequency
KPO No data
QLD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

KPOAll KPO payments⁠

No distribution history available.

QLDQuarterly · 21 paymentsAll QLD payments⁠
One bar per payment. 21 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.0012; Jun 21, 2017 $0.00044; Dec 26, 2018 $0.005; Mar 20, 2019 $0.0078; Jun 25, 2019 $0.0052; Dec 24, 2019 $0.0062; Mar 25, 2020 $0.0011; Dec 22, 2022 $0.05; Sep 20, 2023 $0.09; Dec 20, 2023 $0.04; Mar 20, 2024 $0.03; Jun 26, 2024 $0.05; Sep 25, 2024 $0.03; Dec 23, 2024 $0.03; Mar 26, 2025 $0.01; Jun 25, 2025 $0.06; Sep 24, 2025 $0.02; Dec 24, 2025 $0.02; Mar 25, 2026 $0.01; Jun 24, 2026 $0.06; Sep 23, 2026 $0.03. Use the arrow keys to read each point.$0$0.102017202020232026YTD

KPO vs QLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

KPO and QLD in the news

All news⁠

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