# QQXL (ProShares Ultra QQQ Top 30)

ProShares · Leveraged ETFs · data as of Sep 11, 2026

QQXL aims to return +2 times QQQ Top 30's move each day, then resets. Over one day it does that.

## Key facts

- QQXL, net assets: $5m (issuer page, as of Sep 11, 2026).
- QQXL, expense ratio: 0.95% (485BPOS XBRL, Aug 12, 2025).
- QQXL, underlying: QQQ Top 30 (no investable tracker), as of Sep 11, 2026.
- QQXL, sets out to return: +2 times the daily move of QQQ Top 30, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of QQQ Top 30, reset daily | ETFIQ |
| Underlying | QQQ Top 30 (no investable tracker) | ETFIQ |
| Segment | broad index, index variant | ETFIQ |
| Net assets | $5m | issuer page, as of Sep 11, 2026 |
| Expense ratio | 0.95% | 485BPOS XBRL, Aug 12, 2025 |
| Launched | Aug 15, 2025 | ETFIQ |

## Questions

### Why does QQXL not return +2 times over a year?

Because it resets daily. QQXL aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, QQXL, data as of Sep 11, 2026. https://etfiq.com/funds/QQXL
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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