QLD Performance — ProShares Ultra QQQ
Data updated: 2026-08-14
QLD returned +39.93% year to date and +88.15% over one year to May 2026. Annualised returns are +51.25% over 3 years and +25.58% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $346, against $173 for the category, and to $188 over one year, against $137. Volatility over the past three years was 35.59% a year. In the 12 months to May 2026 the fund took in a net $142.6M, and assets reached $14.46B.
QLD Growth of $100
What $100 invested in ProShares Ultra QQQ grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | QLD | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $188 | $137 |
| 3 years (Jun 2023 – May 2026) | $346 | $173 |
| 5 years (Jun 2021 – May 2026) | $312 | $155 |
| Since data start (Sep 2019 – May 2026) | $833 | $181 |
QLD Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +39.93% |
| 1 year | +88.15% |
| 3 years (annualised) | +51.25% |
| 5 years (annualised) | +25.58% |
QLD Annual Returns
Calendar-year total returns of ProShares Ultra QQQ, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +39.93% |
| 2025 | +30.36% |
| 2024 | +42.82% |
| 2023 | +117.08% |
| 2022 | −60.49% |
| 2021 | +54.32% |
| 2020 | +89.03% |
| 2019 (Sep–Dec) | +27.72% |
QLD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.8% | −5.1% | −10.2% | +32.8% | +21.4% | — | — | — | — | — | — | — |
| 2025 | +3.6% | −6.0% | −15.6% | −0.1% | +18.1% | +12.4% | +4.3% | +1.1% | +10.6% | +8.9% | −3.9% | −2.0% |
| 2024 | +2.9% | +10.1% | +1.7% | −9.5% | +12.3% | +12.2% | −4.2% | +1.1% | +4.3% | −2.4% | +10.1% | 0.0% |
| 2023 | +21.2% | −1.7% | +18.8% | +0.3% | +15.1% | +12.5% | +7.1% | −3.9% | −10.5% | −4.9% | +21.8% | +10.7% |
| 2022 | −17.0% | −9.8% | +7.6% | −25.8% | −4.7% | −18.3% | +25.7% | −10.8% | −20.9% | +6.6% | +9.7% | −18.1% |
| 2021 | +0.1% | −0.6% | +2.0% | +11.8% | −2.8% | +12.9% | +5.5% | +8.4% | −11.3% | +16.1% | +3.4% | +1.7% |
| 2020 | +5.6% | −12.1% | −20.8% | +30.5% | +12.6% | +12.3% | +14.7% | +23.0% | −12.1% | −7.0% | +22.7% | +10.1% |
| 2019 | — | — | — | — | — | — | — | — | +1.3% | +8.4% | +8.0% | +7.7% |
QLD Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 35.59%
- 3-year Sharpe ratio: 1.31 (vs 4.5% risk-free rate)
- Best month: +32.84% (Apr 2026)
- Worst month: −15.63% (Mar 2025)
QLD Fund Flows
Monthly money in and out of ProShares Ultra QQQ, from SEC Form N-PORT.
- 12-month net flow: $142.6M
- 12-month gross sales (incl. reinvestments): $3.8B
- Sales ÷ redemptions: 1.04×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $303.4M | $402.6M | −$99.2M |
| Apr 2026 | $1.0B | $194.7M | $831.2M |
| Mar 2026 | $468.1M | $1.0B | −$535.2M |
| Feb 2026 | $249.2M | $577.2M | −$328.0M |
| Jan 2026 | $93.8M | $256.0M | −$162.3M |
| Dec 2025 | $406.5M | $106.8M | $299.7M |
| Nov 2025 | $192.6M | $168.6M | $24.0M |
| Oct 2025 | $341.9M | $63.8M | $278.1M |
| Sep 2025 | $223.9M | $154.8M | $69.1M |
| Aug 2025 | $100.2M | $342.8M | −$242.6M |
| Jul 2025 | $178.3M | $211.2M | −$32.9M |
| Jun 2025 | $239.1M | $198.4M | $40.7M |
QLD Assets Under Management
Net assets of ProShares Ultra QQQ by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $14.46B |
| 2026-02-28 | $9.86B |
| 2025-11-30 | $10.63B |
| 2025-08-31 | $8.86B |
| 2025-05-31 | $7.67B |
| 2025-02-28 | $6.65B |
| 2024-11-30 | $7.75B |
| 2024-08-31 | $6.36B |
| 2024-05-31 | $6.32B |
| 2024-02-29 | $6.16B |
| 2023-11-30 | $5.13B |
| 2023-08-31 | $5.17B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.