Technology: approx. 60%
Communication Services: approx. 20%
Consumer Goods: approx. 10%

Top 3 Markets:

1. USA: approx. 70%
2. China: approx. 15%
3. Europe: approx. 10%

ProShares Ultra QQQ (QLD) is an exchange-traded fund (ETF) that tracks the double daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index consists mainly of technology companies, which is why the majority of revenues come from the technology sector.

The USA is the largest market as the NASDAQ-100 Index is heavily dominated by US companies. China and Europe follow as important markets since many of the companies included in the index operate globally and generate significant revenues there.

ProShares Trust - ProShares Ultra QQQ (ARCA:QLD) is an exchange-traded fund (ETF) and not a company that produces physical products.

ProShares is a provider of ETFs traded on the stock exchange. These funds are financial products that invest in various assets to track or amplify the performance of a specific index. As financial products, there are no physical production facilities or production processes involved.

Strategy for Future Growth:

ProShares Trust - ProShares Ultra QQQ (ARCA:QLD) is an exchange-traded fund (ETF) that aims to achieve double the daily return of the Nasdaq-100 Index. As an ETF, ProShares does not pursue a traditional corporate growth strategy like an operating company would. Instead, QLD's growth is based on the performance of the Nasdaq-100 Index and the demand for leveraged ETFs.

ProShares' strategy for future growth could include the following aspects:

1. Expansion of Product Offering: ProShares could continue to develop new leveraged and inverse ETFs to meet the needs of investors who wish to pursue specific market strategies.

2. Educational Initiatives: ProShares could increase investment in educational resources to educate investors about the risks and benefits of leveraged ETFs, which could promote confidence and utilization of these products.

3. Market Expansion: By entering new markets and adapting to regulatory requirements, ProShares could expand its reach internationally.

Since QLD is directly linked to the performance of the Nasdaq-100 Index, the growth of this specific fund heavily depends on the development of the technology and growth companies included in the index.

Imported raw materials/materials: No specific raw materials

Countries of origin: Not applicable

ProShares Trust - ProShares Ultra QQQ (ARCA:QLD) is an exchange-traded fund (ETF) that does not import physical raw materials or materials. Instead, the fund invests in financial instruments to track the two times daily performance of the NASDAQ-100 Index. Therefore, the import of physical raw materials or materials is not relevant for this fund. The focus is on replicating the performance of the underlying index through the use of derivatives and other financial instruments.

Competitive Advantage: Moderate to strong

ProShares Trust - ProShares Ultra QQQ (ARCA:QLD) is an exchange-traded fund (ETF) that aims to achieve double the daily return of the Nasdaq-100 Index. QLD's competitive advantage lies in its ability to provide investors with leveraged exposure to one of the most dynamic and technology-heavy indexes.

The fund benefits from the strong performance of the Nasdaq-100, which includes many of the world's leading technology companies. This gives investors the opportunity to disproportionately benefit from positive market movements in this sector.

However, leverage also carries increased risk, especially in volatile market phases. The competitive advantage is therefore closely linked to the performance of the underlying index and market sentiment. In a bullish market environment, the advantage can be significant, while it is limited in a bearish market environment.

Institutional Investor Share: 85% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions known (2025)

The institutional investor share in ProShares Trust - ProShares Ultra QQQ (ARCA:QLD) is estimated to be around 85%. This is typical for ETFs, as they are often held by institutional investors such as pension funds, hedge funds, and other large investors seeking diversified and liquid investment opportunities.

Insider transactions are less relevant for ETFs like QLD, as it is a fund that tracks an index rather than a single company. Therefore, there are usually no significant insider buys or sells that would need to be reported.

Market share of ProShares Ultra QQQ (QLD): Estimated at 5% in the ETF segment focused on the Nasdaq-100 (2025).

Top competitors in the ETF segment focused on the Nasdaq-100:

1. Invesco QQQ Trust (QQQ): 45%
2. ProShares UltraPro QQQ (TQQQ): 15%
3. Fidelity Nasdaq Composite Index ETF (ONEQ): 10%
4. Invesco Nasdaq 100 ETF (QQQM): 8%
5. First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW): 7%

Moat Analysis:

ProShares Ultra QQQ (QLD) offers a double leverage on the Nasdaq-100 Index, making it attractive for short-term investors seeking quick profits. This represents a certain moat as not all ETFs offer a leverage mechanism. However, this advantage is limited as the market for leveraged ETFs is relatively small and heavily dependent on short-term market movements.

Invesco QQQ Trust (QQQ) holds the largest market share and has a significant moat due to its long-standing market presence, high liquidity, and broad acceptance among institutional and retail investors. This makes it a preferred instrument for investing in the Nasdaq-100.

The other competitors offer different approaches, such as equal-weighted indices or different leverage levels, each addressing specific investor needs. Overall, the competing companies have partially stronger moats than ProShares Ultra QQQ due to their different strategies and market positioning.

Fund Size: 4.5 billion USD (2025) Annual Return (historical): 25% (last 5 years) Volatility: High

The ProShares Ultra QQQ (QLD) is a leveraged ETF that aims to achieve twice the daily return of the Nasdaq-100 Index. Over the past five years, the fund has delivered an average annual return of 25%, attributed to the strong performance of the technology companies included in the Nasdaq-100.

However, the fund's volatility is high, which means it may be less suitable for short-term investments or for investors with low risk tolerance. Long-term investors who believe in the growth potential of technology stocks and are willing to accept short-term fluctuations could benefit from this fund.

It is important to consider one's own risk tolerance and investment strategy before investing in a leveraged ETF like QLD.

Dividend payment: No dividend

ProShares Trust - ProShares Ultra QQQ (ARCA:QLD) is an exchange-traded fund (ETF) that aims to provide twice the daily return of the Nasdaq-100 Index. Such leveraged ETFs are typically not designed to pay dividends but focus on capital returns through price gains.

The reliability of dividend distribution is therefore not relevant as QLD does not make regular dividend payments. Investors in QLD should focus more on the price performance and leverage that the ETF offers rather than on dividend yields.