ETF Comparison
QLD vs QQQ vs TQQQ: Which Is the Better Pick in 2026?
A side-by-side comparison of ProShares Ultra QQQ, Invesco QQQ Trust and ProShares UltraPro QQQ covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| QLD | QQQ | TQQQ | |
|---|---|---|---|
| Full name | ProShares Ultra QQQ | Invesco QQQ Trust | ProShares UltraPro QQQ |
| Issuer | ProShares | Invesco | ProShares |
| Price | — | $584.31 | $43.23 |
| Distribution yield | — | 0.46% | 0.69% |
| Expense ratio | — | 0.18% | 0.82% |
| AUM | — | $395.0B | $27.3B |
| Distribution frequency | Quarterly | Quarterly | Quarterly |
| Underlying index | Nasdaq-100 Index | Nasdaq-100 Index | Nasdaq-100 Index |
| Objective | Seeks daily investment results, before fees, that correspond to two times the daily performance of the Nasdaq-100 Index. | Track the Nasdaq-100 Index, which includes 100 of the largest non-financial Nasdaq stocks. | Seek daily investment results, before fees, that correspond to three times the daily performance of the Nasdaq-100 Index. |
| Asset class | Equity | Equity | Equity |
| Inception date | 06/19/2006 | 03/10/1999 | 02/09/2010 |
| Beta | — | 1.15 | 3.59 |
| Last dividend | — | $0.73 | $0.07 |
| Ex-dividend date | — | 03/23/2026 | 03/25/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
QLD (ProShares Ultra QQQ), QQQ (Invesco QQQ Trust), TQQQ (ProShares UltraPro QQQ) are popular dividend ETFs that take different approaches.
TQQQ offers the highest yield at 0.69%, followed by QQQ at 0.46%, QLD at .
QQQ is the largest fund by assets ($395.0B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment: QLD generates ~$0.00/month, QQQ generates ~$3.83/month, TQQQ generates ~$5.75/month at current distribution rates.
Cost & efficiency
Over 10 years on $10,000: QLD costs ~$0, QQQ costs ~$180, TQQQ costs ~$820 in fees (simplified, not compounded).
Strategy & risk
QLD tracks Nasdaq-100 Index with a seeks daily investment results, before fees, that correspond to two times the daily performance of the nasdaq-100 index. approach; QQQ tracks Nasdaq-100 Index with a track the nasdaq-100 index, which includes 100 of the largest non-financial nasdaq stocks. approach; TQQQ tracks Nasdaq-100 Index with a seek daily investment results, before fees, that correspond to three times the daily performance of the nasdaq-100 index. approach.
Fund details
QLD is managed by ProShares (launched 06/19/2006) with — in assets. QQQ is managed by Invesco (launched 03/10/1999) with $395.0B in assets. TQQQ is managed by ProShares (launched 02/09/2010) with $27.3B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Which of QLD, QQQ, TQQQ is best for dividend income?
It depends on your goals. TQQQ currently offers the highest distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between QLD, QQQ, TQQQ?
QLD (ProShares Ultra QQQ) tracks Nasdaq-100 Index with a seeks daily investment results, before fees, that correspond to two times the daily performance of the nasdaq-100 index. strategy, issued by ProShares. QQQ (Invesco QQQ Trust) tracks Nasdaq-100 Index with a track the nasdaq-100 index, which includes 100 of the largest non-financial nasdaq stocks. strategy, issued by Invesco. TQQQ (ProShares UltraPro QQQ) tracks Nasdaq-100 Index with a seek daily investment results, before fees, that correspond to three times the daily performance of the nasdaq-100 index. strategy, issued by ProShares.
Can I hold QLD, QQQ, TQQQ together?
Yes. Many income investors hold multiple dividend ETFs to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has the lowest fees among QLD, QQQ, TQQQ?
QLD has an expense ratio of —, QQQ has an expense ratio of 0.18%, TQQQ has an expense ratio of 0.82%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 generate in each?
$10,000 in QLD yields ~$0.00/month ($0.00/year). $10,000 in QQQ yields ~$3.83/month ($46.00/year). $10,000 in TQQQ yields ~$5.75/month ($69.00/year).
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