Q
QLD
ProShares Ultra QQQ
$92.55
Current Price
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About ProShares Ultra QQQ
QLD is the ProShares Ultra QQQ, an exchange-traded fund rather than an operating company. It doesn't sell products or earn revenue itself; instead it uses swaps, futures and other derivatives to try to deliver twice (2x) the daily return of the Nasdaq-100 index, which is dominated by large technology companies. It makes money for the fund manager (ProShares) through management fees charged to investors.