ProShares Ultra QQQ (NYSE:QLD) has outperformed the market over the past 10 years by 17.58% on an annualized basis producing an average annual return of 30.27%. Currently, ProShares Ultra QQQ has a market capitalization of $10.63 billion.
Buying $1000 In QLD: If an investor had bought $1000 of QLD stock 10 years ago, it would be worth $14,285.35 today based on a price of $69.90 for QLD at the time of writing.
ProShares Ultra QQQ’s Performance Over Last 10 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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