QQXL Fees and Costs — ProShares Ultra QQQ Top 30
Data updated: 2026-08-14
The net expense ratio is 0.95%: a 0.75% management fee plus 0.41% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0201% of average net assets.
QQXL Fees and Expenses
Annual operating expenses and sales charges of QQXL. Prospectus, as of May 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.41% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
QQXL Costs Over Time
On $10,000 invested in QQXL, assuming 5% a year before costs, total costs come to $607 over 5 years, cutting the return by 1.02% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $2 | $7 | $11 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $334 | $607 |
| Value after costs | $10,398 | $11,243 | $12,156 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
QQXL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0201%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $19.2M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
QQXL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $1K | 98.99% |
| Virtu Americas LLC | $9 | 0.62% |
| BNP Paribas Securities Corp. | $5 | 0.38% |
QQXL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $15.9M | 82.80% |
| Virtu Americas LLC | $3.1M | 16.20% |
| Jane Street Capital, LLC | $192K | 1.00% |
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.