QLD vs TSYW: Grades, Fees and Holdings Compared

ProShares Ultra QQQ

QLDANYSE Arca

Roundhill Treasury Bond Weeklypay ETF

TSYWCCboe

Overlap

0.0%by weight

Expense ratio

QLD −0.10pt a year

QLD0.89%TSYW0.99%

Avg volume · 30D

QLD 1346.9×the volume

QLD4.15MTSYW3.08K

QLD vs TSYW Performance

Dec 31, 2025 – Oct 30, 2026

+17.4%QLD−6.8%TSYW

Expense ratio: QLD 0.89%, better; TSYW 0.99%
Fund size: QLD $13.3B; TSYW $3M
1Y total return: QLD +10.7%; TSYW No data
Yield (12M): QLD 0.15%; TSYW No data
Holdings: QLD 113; TSYW 3
Avg volume (30D): QLD 4.15M sh, better; TSYW 3.08K sh
NAV per share: QLD $82.56; TSYW $40.01
52W range

ETF.net Grade

Pillar letters and Scores for QLD, TSYW, with each pillar’s weight
Pillar	QLD	TSYW
Cost30% weight	A72Higher	F24
Mission25% weight	A95	Not scored
Risk15% weight	B66Higher	B62
Tradability15% weight	A100Higher	B56
Holdings10% weight	A72Higher	D36
Durability5% weight	A81Higher	D39

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›

Same Category. QLD and TSYW 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 TSYW 37th of 95 funds in the Leveraged Long (2x & Other) Category.

Rank 1AQLDProShares Ultra QQQScore 77
Rank 2AUYGProShares Ultra FinancialsScore 74
Rank 37CTSXUDirexion Daily Semiconductors Top 5 Bull 2X ETFScore 40
Rank 37CTSYWRoundhill Treasury Bond Weeklypay ETFScore 40
Rank 37CUBRProShares Ultra MSCI Brazil CappedScore 40

Our read on each fund

ETF.net Research

QLDAProShares Ultra QQQ

TSYWCRoundhill Treasury Bond Weeklypay ETF

In short

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.

TSYW No data

Stated mandate

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

TSYW No data

Why people hold it

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.

TSYW No data

Worth knowing

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.

TSYW No data

Full QLD profile⁠

Full TSYW profile⁠

QLD vs TSYW Holdings

How QLD and TSYW differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of QLD and 0.0% of TSYW.

Level by level

Holdings0 in both0.0%
Countryby domicile97.3%
Asset classEquity100%

Sector

No Sector split for TSYW.

Country, concentration and asset class

Country by domicile

Country weights in QLD and TSYW, widest gap first
Country	More in QLDMore in TSYW	QLD	TSYW
United States	TSYW +2.7 points	97.3%	100.0%
Canada	QLD +1.1 points	1.1%	0.0%
Netherlands	QLD +0.9 points	0.9%	0.0%
Other countries (3)	QLD +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

QLD53.3%
TSYW229.3%

Securities held

QLD112
TSYW2

Asset class

QLD: Equity
TSYW: Equity

Holdings

Only in QLD112
In both0
Only in TSYW2

Only in QLD

112 securities, 87.2% of QLD by weight

Proshares Genius Mny Mkt Etf10.87%
Apple Inc5.88%
NVIDIA Corp5.76%
Microsoft Corp4.53%
Micron Technology Inc3.22%
Amazon.com Inc3.03%
Advanced Micro Devices2.66%
Tesla Inc2.45%
Meta Platforms Inc-Class A2.14%
Walmart Inc1.94%
Alphabet Inc-Cl A1.92%
Space Exploration Techn-Cl A1.86%
Broadcom Inc1.81%
Alphabet Inc-Cl C1.80%
Costco Wholesale Corp1.45%
Palantir Technologies Inc-A1.37%
Cisco Systems Inc1.33%
TREASURY BILL, 0%, due 2026-12-291.31%
Intel Corp1.11%
Applied Materials Inc1.00%
Lam Research Corp0.96%
Palo Alto Networks Inc0.96%
Texas Instruments Inc0.89%
Netflix Inc0.83%
Crowdstrike Holdings Inc - A0.83%
Amgen Inc0.81%
Linde PLC0.76%
Gilead Sciences Inc0.68%
TREASURY BILL, 0%, due 2027-01-190.67%
Kla Corp0.67%
Analog Devices Inc0.65%
Shopify Inc - Class A0.61%
Pepsico Inc0.60%
Qualcomm Inc0.56%
Marvell Technology Inc0.56%
Sandisk Corp0.54%
T-Mobile Us Inc0.54%
Intuitive Surgical Inc0.49%
TREASURY BILL, 0%, due 2026-11-030.49%
Asml Holding Nv-Ny Reg Shs0.47%
Seagate Technology Holdings0.47%
Vertex Pharmaceuticals Inc0.46%
Western Digital Corp0.43%
Starbucks Corp0.38%
Automatic Data Processing0.38%
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%
Booking Holdings Inc0.36%

Only in TSYW

2 securities, 100% of TSYW by weight

United States Treasury Bill 12/03/202671.45%
First American Government Obligations Fund 12/01/203137.80%

Weight gaps

QLD and TSYW share no securities.

All 121 QLD holdings⁠All TSYW 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.

QLD vs TSYW Cost

Overpaying TSYW vs QLD

$1,653

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

QLD 0.89%
$16,872
TSYW 0.99%
$18,525

Amount$10,000

Years30 years

Cost over time

QLD 0.89%
TSYW 0.99%
Overpaying

Year by year

Year	QLD	TSYW	Overpaying
10	$1,576	$1,746	$170
20	$5,953	$6,565	$612
30	$16,872	$18,525	$1,653

Expense ratio

0.89%QLD, cheaper
0.99%TSYW

QLD0.89%TSYW0.99%

0.20%2.19%

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

QLD 28th cheapest of 95 funds

TSYW 75th cheapest of 95 funds

QLD vs TSYW Dividends

Last 12 months to Oct 30, 2026

Yield (12M): QLD 0.15%; TSYW No data
Payout (12M): QLD $0.12; TSYW No data
Last payment: QLD $0.03; TSYW $0.14
Ex-dividend: QLD Sep 23, 2026; TSYW Oct 26, 2026
Paid on: QLD Sep 29, 2026; TSYW Oct 27, 2026
Frequency: QLD Quarterly; TSYW Weekly

Distribution history

Per share, 2026, same scale for both

QLDQuarterly · 3 paymentsAll QLD payments⁠

TSYWWeekly · 43 paymentsAll TSYW payments⁠

QLD vs TSYW Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: QLD 36.7%TSYW No data
Return per unit of riskSharpe ratio, 3 years: QLD 1.04TSYW No data
Worst fallMax drawdown, 5 years: QLD −63.7%TSYW No data
Market sensitivityBeta, 5 years: QLD 2.46TSYW 0.13; Market = 1

QLD and TSYW 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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QLD vs TSYW

In short

Stated mandate

Why people hold it

Worth knowing

How QLD and TSYW differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in QLD

Only in TSYW

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

How QLD and TSYW differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in QLD

Only in TSYW

Weight gaps