QLD held its post Fed support at $85.81, but its $86.96 closing price remains below its 20-day and 50-day moving averages. Read more on the QLD ETF here.
Financial advisors warn that leveraged ETFs will erode your wealth over time, yet one 2x Nasdaq fund has quietly grown to nearly $15 billion in assets. The story of how that happened reveals something counterintuitive about compounding, volatility, and the math hiding inside daily resets.
ProShares' EQQQ, the first leveraged ETF tracking the Nasdaq-100 Equal Weighted Index, offering 2x daily exposure with reduced mega-cap concentration.
ProShares Ultra QQQ (NYSE:QLD) has outperformed the market over the past 20 years by 20.35% on an annualized basis producing an average annual return of 29.67%. Currently, ProShares Ultra QQQ has a market capitalization
ProShares Ultra QQQ (NYSE:QLD) has outperformed the market over the past 10 years by 21.36% on an annualized basis producing an average annual return of 34.69%. Currently, ProShares Ultra QQQ has a market capitalization
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