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QQQP Tradr 2X Long Innovation 100 Quarterly ETF

Aims to return twice the daily move of Innovation 100 QuarterlyTradr1.00% fee$14mFirst traded Oct 1, 2024SEC filings ↗
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QQQP aims to return +2 times Innovation 100 Quarterly's move each day, then resets. Over one day it does that.

ETFIQ publishes no comparison for QQQP. Measuring a leveraged fund means pricing what it tracks over the same days, and no live price history was found for Innovation 100 Quarterly, so there is nothing to hold its return against. Its own returns below are unaffected, and it is left out of every ranking and score on this desk rather than placed last in them.

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Money in and out

Monthly figures · as of Jun 30, 2026

QQQP: in the month to Jun 30, 2026, net $2.4m went out, by its SEC filing.

12 months
+$415k
3.2% of $12.9m on Jun 30, 2025
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
Since Jul 2024
+$12.5m
Jul 1, 2024 to Jun 30, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions QQQP files with the SEC on Form N-PORT. Every day and month ETFIQ holds for QQQP, back to 2019, is in its flows file. Flows across every fund · How these flows are computed · Compare QQQP with other funds in the flows tool

How this is computed

ETFIQ reads no daily figures for this fund, so its flows are monthly, and the latest month filed is Jun 2026.

Month by month, money in and money outJul 2024 to Jun 2026

QQQP, money in and money out each month from Jul 2024 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from QQQP’s SEC filings (N-PORT item B.6). Of the 24 months listed, money came in on net in 12 and went out in 10.

Every bar is from QQQP’s SEC filings (N-PORT item B.6). Of the 24 months listed, money came in on net in 12 and went out in 10.

MonthInOutNet
Jun 2026 SEC Form N-PORT$0−$2.4m−$2.4m
May 2026 SEC Form N-PORT+$3.0m$0+$3.0m
Apr 2026 SEC Form N-PORT+$923k−$3.9m−$3.0m
Mar 2026 SEC Form N-PORT+$2.6m−$2.5m+$62k
Feb 2026 SEC Form N-PORT$0−$870k−$870k
Jan 2026 SEC Form N-PORT+$6.2m−$2.6m+$3.6m
Dec 2025 SEC Form N-PORT$0−$892k−$892k
Nov 2025 SEC Form N-PORT$0−$8.3m−$8.3m
Oct 2025 SEC Form N-PORT+$22.9m−$12.1m+$10.8m
Sep 2025 SEC Form N-PORT$0−$760k−$760k
Aug 2025 SEC Form N-PORT+$2.3m−$734k+$1.5m
Jul 2025 SEC Form N-PORT+$10.6m−$13.0m−$2.4m
Jun 2025 SEC Form N-PORT+$48.0m−$47.5m+$427k
May 2025 SEC Form N-PORT+$265k$0+$265k
Apr 2025 SEC Form N-PORT+$1.7m−$2.3m−$580k
Mar 2025 SEC Form N-PORT+$247k−$1.6m−$1.4m
Feb 2025 SEC Form N-PORT+$420k$0+$420k
Jan 2025 SEC Form N-PORT+$574k$0+$574k
Dec 2024 SEC Form N-PORT$0−$1.1m−$1.1m
Nov 2024 SEC Form N-PORT+$2.1m$0+$2.1m
Oct 2024 SEC Form N-PORT+$10.0m−$1.1m+$8.9m
Sep 2024 SEC Form N-PORT+$2.5m$0+$2.5m
Aug 2024 SEC Form N-PORT$0$0$0
Jul 2024 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

On a month from SEC Form N-PORT, money in is the filing’s sales plus reinvestments and money out its redemptions.

A month from SEC Form N-PORT is sales and reinvestments less redemptions as filed; a later month is the sum of its days, and says so where a day is missing.

Head to head

In plain words

Summary
Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. QQQP itself moved at 39% annualized over that window.
Sets out to return+2 times the daily move of Innovation 100 Quarterly, reset daily
UnderlyingInnovation 100 Quarterly (no investable tracker)
Segmentsector or country, theme
Net assets (the issuer’s own daily fund list, as of Oct 8, 2026)$14m
Expense ratio (485BPOS XBRL, Jul 23, 2026)1.00%
First tradedOct 1, 2024
Volatility, annualized39%
How this is computed
Returns are ETFIQ calculations from Tiingo end-of-day prices, distributions reinvested, measured against the underlying over exactly the same days. How these figures are computed

Questions people ask about QQQP

Why does QQQP not return +2 times over a year?
Because it resets daily. QQQP 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.
Sources and dates
Prices, QQQPTiingo end-of-day prices ↗
Fee, 1.00%SEC 485BPOS XBRL · Jul 23, 2026
Net assets, $14mThe issuer’s own daily fund list · Oct 8, 2026
IssuerTradr website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceSEC investment company series and class file, which lists every registered fund ↗
SourceTradr’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, QQQP, leveraged ETFs, data as of Oct 8, 2026. https://etfiq.com/funds/qqqp

Open QQQP live on ETFIQ

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Stated multiple
What the fund sets out to return against its underlying, each day. A fund at 2x aims to return twice the underlying’s daily move, and an inverse fund at -2x aims to return twice it in the opposite direction.
Daily reset
The fund starts each day aiming at the multiple again, from wherever it now stands. It is the mechanism that makes these funds behave as they do, and the reason the stated multiple applies to a day rather than to a holding period.
Compounding
Daily results multiply together rather than adding up. Two days of the multiple is not twice the multiple, and over a run of days the difference between the two grows with how far the underlying moves about.
Decay
What compounding costs a holder when the underlying falls and rises back to where it started. The underlying is level and the fund is down; the more violently it moved, the further down.
Difference against the stated multiple
The fund’s return minus the stated multiple times the underlying’s return, in percentage points. The one figure that says whether a holder got what the fund’s own multiple describes.
Every term used here, defined in full on the leveraged ETFs vocabulary page. →
Tradr: every fund ETFIQ covers→