Performance analysis of ProShares Ultra QQQ Top 30 (QQXL)
Annual Return
Since Aug 15, 2025, QQXL has had an average annual return of +29.34%, outperforming the benchmark SPY, which returned +17.22% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +17.20% | +8.66% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.69% | -7.40% | -9.22% | +36.98% | +22.23% | -3.13% | -15.47% | +17.20% | |||||
| 2025 | -3.51% | +9.66% | +10.24% | -6.08% | -0.82% | +8.66% |
Drawdown analysis of ProShares Ultra QQQ Top 30 (QQXL)
The maximum drawdown for the QQXL was -27.34%, occurring on Mar 30, 2026. Recovery took 13 trading sessions.
The current QQXL drawdown is -18.87%.
Since Aug 15, 2025 QQXL has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.34% | Oct 29, 2025 | 103 | Mar 30, 2026 | 13 | Apr 17, 2026 | 116 |
| -18.87% | Jun 2, 2026 | 36 | Jul 24, 2026 | Ongoing | Ongoing | Ongoing |
| -6.66% | Oct 8, 2025 | 2 | Oct 10, 2025 | 10 | Oct 24, 2025 | 12 |
| -6.29% | May 14, 2026 | 3 | May 19, 2026 | 4 | May 26, 2026 | 7 |
| -5.64% | Aug 18, 2025 | 3 | Aug 21, 2025 | 13 | Sep 10, 2025 | 16 |
| -3.36% | Sep 22, 2025 | 3 | Sep 25, 2025 | 7 | Oct 6, 2025 | 10 |
| -2.23% | Apr 17, 2026 | 2 | Apr 21, 2026 | 1 | Apr 22, 2026 | 3 |
| -1.87% | Apr 27, 2026 | 1 | Apr 28, 2026 | 2 | Apr 30, 2026 | 3 |
| -1.73% | May 11, 2026 | 1 | May 12, 2026 | 1 | May 13, 2026 | 2 |
| -1.28% | Sep 15, 2025 | 2 | Sep 17, 2025 | 2 | Sep 19, 2025 | 4 |
| -0.80% | May 1, 2026 | 1 | May 4, 2026 | 1 | May 5, 2026 | 2 |
| -0.78% | Apr 22, 2026 | 1 | Apr 23, 2026 | 1 | Apr 24, 2026 | 2 |
| -0.78% | Oct 6, 2025 | 1 | Oct 7, 2025 | 1 | Oct 8, 2025 | 2 |
| -0.50% | May 6, 2026 | 1 | May 7, 2026 | 1 | May 8, 2026 | 2 |
| -0.09% | May 26, 2026 | 1 | May 27, 2026 | 1 | May 28, 2026 | 2 |