Both QLD and SPXL are ETFs. QLD has a higher 5-year return than SPXL (21.06% vs 11.35%). QLD has a lower expense ratio than SPXL (0.95% vs 1%). Below is the comparison between QLD and SPXL.
|Category||Trading--Leveraged Equity||Trading--Leveraged Equity|
|Management Style||passive (index-based)||passive (index-based)|
|Underlying Index||NASDAQ-100 Index||S&P 500|
ProShares Trust - ProShares Ultra QQQ is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors. The fund uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. It seeks to track 2x the daily performance of the Nasdaq-100 Index, by using full replication technique. ProShares Trust - ProShares Ultra QQQ was formed on June 19, 2006 and is domiciled in the United States.
QLD performance & returns
Top 10 Holdings (46.43% of Total Assets)
QLD prosNone that we could think of.
QLD consNone that we could think of.
Other relevant QLD comparisons
You may also want to check out the following QLD comparisons that investors often look for on Finny
- QLD vs QQQ
- QLD vs TQQQ
- QLD vs DDM
- QLD vs SPLX
- QLD vs HDLV
- QLD vs LLSP
- QLD vs ROLA
- QLD vs SFLA
- QLD vs SPUU
- QLD vs SPXL
- QLD vs SSO
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. It invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures, and swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track 3x the daily performance of the S&P 500 Index. Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares was formed on November 5, 2008 and is domiciled in the United States.
SPXL performance & returns
Top 10 Holdings (27.58% of Total Assets)
The following are SPXL strengths from our perspective:
- SPXL 3-year return is 17.96%, which is higher than the 3-year return of the benchmark index (S&P 500 TR USD), 13.64%.
- SPXL 5-year return is 27.95%, which is higher than the 5-year return of the benchmark index (S&P 500 TR USD), 14.57%.
- SPXL 10-year return is 31.16%, which is higher than the 10-year return of the benchmark index (S&P 500 TR USD), 14.33%.
The following are SPXL weaknesses from our perspective:
- SPXL expense ratio is 1.01%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
Other relevant SPXL comparisons
You may also want to check out the following SPXL comparisons that investors often look for on Finny
- SPXL vs UPRO
- SPXL vs SPY
- SPXL vs TQQQ
- SPXL vs VOO
- SPXL vs SPXS
- SPXL vs DDM
- SPXL vs SPLX
- SPXL vs HDLV
- SPXL vs LLSP
- SPXL vs QLD
- SPXL vs ROLA
- SPXL vs SFLA
- SPXL vs SPUU
- SPXL vs SSO