Compare/Updated Oct 26, 2026, refreshed every trading day
QLD vs TQQQ
ProShares - Ultra QQQ against ProShares UltraPro QQQ: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
TQQQ did better over the period: $1,000 invested on Oct 28, 2022 would be worth $6,583, versus $4,355 for QLD, a gain of 558.3% versus 335.5%. TQQQ’s stronger result reflects its higher leveraged exposure to the Nasdaq-100, but that advantage came with substantially greater risk. TQQQ’s volatility was 59.4% versus 39.8% for QLD, and its worst drawdown was -58.0% compared with -42.3% for QLD. TQQQ also declined more over the latest month (-15.6% versus -10.4%) but performed better over three months, YTD, one year, and three years. The funds had a 1.000 correlation, although QLD moved approximately 0.67% for every 1% move in TQQQ. QLD may suit investors prioritizing lower volatility and drawdowns; TQQQ delivered higher returns but with materially greater downside risk.
- Price is above its 200-day average ($83); 50-day at $92.
- RSI 36, neutral. Supertrend says sell. ADX 25, so the trend is developing.
- Price is above its 200-day average ($65); 50-day at $74.
- RSI 35, neutral. Supertrend says sell. ADX 25, so the trend is developing.
Head to head
Which has returned more, QLD or TQQQ?
QLD beat TQQQ in 21 of the last 48 months; TQQQ won the other 27. The typical monthly gap was 3.67 points.
Total return by period
Which is riskier?
Both: Dec 16, 2024 to Apr 8, 2025
- 1.000
- correlation of daily moves, 4 years
- 0.67
- QLD move per 1% in TQQQ
- 1.000
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 3.67 points.
When did they diverge?
| Month | QLD | TQQQ | Gap |
|---|---|---|---|
| April 2026 | +32.9% | +52.5% | -19.59 pts |
| November 2023 | +21.8% | +33.9% | -12.09 pts |
| May 2026 | +21.5% | +33.1% | -11.60 pts |
| January 2023 | +21.3% | +32.5% | -11.20 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with QLD and TQQQ?
Go deeper
Ask InvestGPT which one fits your portfolio.
Eight research agents read your holdings, the overlap and the tax side, then answer in plain words. Free accounts get one report a month.
More comparisons
Find another comparison.
Track both, get told when something changes.
Add QLD and TQQQ to a watchlist and Kavout emails you when a signal flips or a price target is hit.
Free account, no card