EQQQ ETF — ProShares Ultra QQQ Equal Weight

ProShares Ultra QQQ Equal Weight (EQQQ)

Updated October 16, 2026.

EQQQ is an ETF that tracks the Nasdaq-100 Equal Weighted Index. its trailing-12-month yield is 0.01%, its expense ratio is 0.95%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -0.4% over the past 0.2 years, 4.1 points behind SPY at 3.7%.

ProShares Ultra QQQ Equal Weight is an ETF that seeks to deliver twice the daily performance of the Nasdaq-100 Equal Weighted Index, which comprises 100 of the largest non-financial companies listed on Nasdaq (including both U.S. and international firms), using leverage to amplify returns. The fund carries a very modest distribution rate and distributes quarterly, though the latest payout was special and may not recur; it has an expense ratio of 0.95%. This leveraged equity fund appeals to traders and active investors seeking magnified short-term exposure to large-cap Nasdaq companies, rather than buy-and-hold income investors.

EQQQ performance versus SPY

Price and return data through 2026-10-16.

Total return is -0.4% over the past 0.2 years, 4.1 points behind SPY at 3.7%.

EQQQ key facts

Distribution Safety Score™

50 · Unproven

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

07/23/2026

Expense ratio

0.95%

Distribution frequency

Quarterly

Trailing yield

0.01%

Last close

$38.55 (as of 2026-10-16)

AUM

$5,297,308

Average volume

814.0

Dividend

$0.004

Ex-dividend date

09/23/2026

Payment date

09/29/2026

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.01%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares or company page; Index: Nasdaq-100 Equal Weighted Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EQQQ risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window.

Who may consider EQQQ — and who may not

It is a weaker fit for investors who need monthly cash flow (EQQQ pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on EQQQ

• All tickers starting with E

Tagged: Leverage, Nasdaq100.

Frequently asked questions

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