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QQUP vs WX

ProShares Ultra QQQ Mega

QQUPCNasdaq

Corgi All World 2x Daily ETF

WXCCboe

Overlap

0.0%by weight

Expense ratio

WX −0.75pt a year

QQUP0.95%WX0.20%

Avg volume · 30D

QQUP 10.2×the volume

QQUP2.9KWX285

QQUP vs WX Performance

Jul 31, 2026 – Oct 30, 2026

−2.7%QQUP−3.2%WX

Jul 31, 2026 to Oct 30, 2026. QQUP −2.7%. WX −3.2%. Use the arrow keys to read each point.5%10%15%Jul 2026Sep 2026Oct 2026
Expense ratio
QQUP 0.95%
WX 0.20%, better
Fund size
QQUP $23M
WX $1M
1Y total return
QQUP −7.0%
WX No data
Yield (12M)
QQUP 0.66%
WX No data
Holdings
QQUP 9
WX 1
Avg volume (30D)
QQUP 2.9K sh, better
WX 285 sh
NAV per share
QQUP $58.28
WX $22.96
52W range

ETF.net Grade

QQUP: Cost 51, Risk 47, Mission not scored, Tradability 58, Holdings not scored, Durability 59. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for QQUP, WX, with each pillar’s weight
PillarQQUPWX
Cost30% weightC51A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightC47A71Higher
Tradability15% weightB58HigherD31
Holdings10% weightNot scoredNot scored
Durability5% weightB59HigherF23

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. QQUP and WX 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 ›

QQUP ranks 25th and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 24CQQXLProShares Ultra QQQ Top 30Score 53
  2. Rank 25CQQUPProShares Ultra QQQ MegaScore 52
  3. Rank 25CUGLProShares Ultra GoldScore 52
  4. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  5. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  6. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

QQUPCProShares Ultra QQQ Mega

WXCCorgi All World 2x Daily ETF

In short

QQUP Most 2x Nasdaq funds own all 100 names. QQUP targets twice the daily move of only the mega-cap top slice, with membership set by index rules rather than a frozen Mag 7 list.

WX No data

Stated mandate

QQUP The fund targets two times the daily returns of the Nasdaq-100 Mega Index.

WX No data

Why people hold it

  • QQUP ProShares calls it the first and only ETF targeting 2x the daily move of the Nasdaq-100 Mega Index, a basket covering roughly the top 45% of the Nasdaq-100.proshares.com
  • Membership is rules-based: annual December reconstitution plus rank checks in March, June and September, so the mega-cap leaderboard rotates as it changes.nasdaq.com
  • Fee is 0.95% net of a waiver through September 30, 2027 (1.22% gross), near the median for leveraged bull funds.

WX No data

Worth knowing

  • QQUP The 2x target applies to a single day. Over longer holds, daily compounding can push returns meaningfully above or below 2x the index, as the prospectus spells out.proshares.com
  • A narrow mega-cap basket, doubled. One name's bad week lands harder here than in a 2x fund spread across all 100 Nasdaq-100 members.proshares.comnasdaq.com
  • Launched in 2025, it stays small and lightly traded next to veterans like QLD, which runs 0.89% net of a waiver through September 30, 2027.

WX No data

Full QQUP profile⁠

Full WX profile⁠

QQUP vs WX Holdings

How QQUP and WX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of QQUP and 0.0% of WX.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for QQUP and WX.

Country, concentration and asset class

Country by domicile

Country weights in QQUP and WX, widest gap first
CountryMore in QQUPMore in WX
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • QQUP100.0%
  • WX198.9%

Securities held

  • QQUP8
  • WX0

Asset class

QQUP
Equity
WX
Equity

Holdings

  • Only in QQUP8
  • In both0
  • Only in WX0

Only in QQUP

8 securities, 53.7% of QQUP by weight

  • Apple Inc11.61%
  • NVIDIA Corp11.39%
  • Microsoft Corp8.95%

Only in WX

0 securities, 0.0% of WX by weight

Weight gaps

QQUP and WX share no securities.

All QQUP holdings⁠All 15 WX 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.

QQUP vs WX Cost

Overpaying QQUP vs WX

$13,714

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

  • QQUP 0.95%

    $17,869

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • QQUP 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QQUP $17,869WX $4,155

Year by year

YearQQUPWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714

Expense ratio

  • 0.95%QQUP
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

QQUP 32nd cheapest of 95 funds

QQUP vs WX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QQUP 0.66%
WX No data
Payout (12M)
QQUP $0.39
WX None
Last payment
QQUP $0.08
WX No data
Ex-dividend
QQUP Sep 23, 2026
WX No data
Paid on
QQUP Sep 29, 2026
WX No data
Frequency
QQUP Quarterly
WX No data

Distribution history

Per share, 2025 to 2026, same scale for both

QQUPQuarterly · 5 paymentsAll QQUP payments⁠
One bar per payment. 5 payments from 2025 to 2026 YTD. Sep 24, 2025 $0.07; Dec 24, 2025 $0.09; Mar 25, 2026 $0.11; Jun 24, 2026 $0.10; Sep 23, 2026 $0.08. Use the arrow keys to read each point.$0$0.102026YTD
WXAll WX payments⁠

No distribution history available.

QQUP vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QQUP 46.7%since Jul 2025WX No data
Return per unit of riskSharpe ratio, 3 years
QQUP 0.60since Jul 2025WX No data
Worst fallMax drawdown, 5 years
QQUP −37.7%since Jun 2025WX No data
Market sensitivityBeta, 5 years
QQUP 3.46WX 2.76

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