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QLD vs WTIB

ProShares Ultra QQQ

QLDANYSE Arca

USCF Oil Plus Bitcoin Strategy Fund

WTIBDNYSE Arca

Overlap

Expense ratio

QLD −0.12pt a year

QLD0.89%WTIB1.01%

Avg volume · 30D

QLD 3708.2×the volume

QLD4.15MWTIB1.12K

QLD vs WTIB Performance

Dec 31, 2025 – Nov 2, 2026

+14.2%QLD+95.5%WTIB

Dec 31, 2025 to Nov 2, 2026. QLD +14.2%. WTIB +95.5%. Use the arrow keys to read each point.−25%50%75%125%Dec 2025Jun 2026Nov 2026
Expense ratio
QLD 0.89%, better
WTIB 1.01%
Fund size
QLD $13.3B
WTIB $1M
1Y total return
QLD +7.6%
WTIB No data
Yield (12M)
QLD 0.15%
WTIB No data
Holdings
QLD 113
WTIB 5
Avg volume (30D)
QLD 4.15M sh, better
WTIB 1.12K sh
NAV per share
QLD $82.56
WTIB $36.45
52W range

ETF.net Grade

QLD: Cost 72, Risk 66, Mission 95, Tradability 100, Holdings 72, Durability 81. WTIB: Cost 22, Risk 52, Mission not scored, Tradability 34, Holdings not scored, Durability 47.
Pillar letters and Scores for QLD, WTIB, with each pillar’s weight
PillarQLDWTIB
Cost30% weightA72HigherF22
Mission25% weightA95Not scored
Risk15% weightB66HigherC52
Tradability15% weightA100HigherD34
Holdings10% weightA72Not scored
Durability5% weightA81HigherC47

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. QLD and WTIB 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 WTIB 79th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 78
  2. Rank 2AUYGProShares Ultra FinancialsScore 73
  3. Rank 79DMSOXAdvisorShares MSOS Daily Leveraged ETFScore 33
  4. Rank 79DWTIBUSCF Oil Plus Bitcoin Strategy FundScore 33
  5. Rank 82DCPXRUSCF Daily Target 2X Copper Index ETFScore 32

Our read on each fund

ETF.net Research

QLDAProShares Ultra QQQ

WTIBDUSCF Oil Plus Bitcoin Strategy Fund

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.

WTIB Most leveraged funds double down on one market. WTIB stacks two unrelated ones: crude oil futures and bitcoin, actively managed inside a single share from a commodity-futures shop.

Stated mandate

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

WTIB The Fund is an actively managed ETF combining an Oil Strategy and a Bitcoin Strategy. It seeks exposure through oil futures, bitcoin investments, and pooled investment vehicles, without tracking a specific benchmark or index.

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.
  • WTIB Two trades, one ticker. The oil sleeve and the bitcoin sleeve run side by side, so a dollar buys exposure to both markets instead of a bigger bet on one.prnewswire.com
  • Fee is 0.93%, under the median for its leveraged and bull-strategy peer group, which is unusual for a niche launch.
  • Actively managed with no index to follow: the team picks the oil futures, bitcoin vehicles and pooled funds behind each sleeve.uscfinvestments.com

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.
  • WTIB Launched December 2025: short track record, small asset base, light trading. Spreads can be wider than in the household-name leveraged funds.uscfinvestments.com
  • Oil and bitcoin are both high-volatility markets, and stacking full exposure to each means swings can arrive from two directions at once.prnewswire.com
  • Exposure comes from futures and pooled vehicles, not barrels or coins, so roll mechanics and fund-level costs shape results. It targets total return, not income.prnewswire.com

Full QLD profile⁠

Full WTIB profile⁠

QLD vs WTIB 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 WTIB Cost

Overpaying WTIB vs QLD

$1,978

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

  • QLD 0.89%

    $16,872

  • WTIB 1.01%

    $18,850

$10,000
30 years

Cost over time

  • QLD 0.89%
  • WTIB 1.01%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530WTIB $18,850QLD $16,872

Year by year

YearQLDWTIBOverpaying
10$1,576$1,780$204
20$5,953$6,686$733
30$16,872$18,850$1,978

Expense ratio

  • 0.89%QLD, cheaper
  • 1.01%WTIB
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

QLD 28th cheapest of 95 funds

WTIB 77th cheapest of 95 funds

QLD vs WTIB Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
QLD 0.15%
WTIB No data
Payout (12M)
QLD $0.12
WTIB None
Last payment
QLD $0.03
WTIB No data
Ex-dividend
QLD Sep 23, 2026
WTIB No data
Paid on
QLD Sep 29, 2026
WTIB No data
Frequency
QLD Quarterly
WTIB No data

Distribution history

Per share, 2017 to 2026, same scale for both

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
WTIBAll WTIB payments⁠

No distribution history available.

QLD vs WTIB 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%WTIB No data
Return per unit of riskSharpe ratio, 3 years
QLD 1.04WTIB No data
Worst fallMax drawdown, 5 years
QLD −63.7%WTIB No data
Market sensitivityBeta, 5 years
QLD 2.46WTIB −0.64

QLD and WTIB in the news

All news⁠

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