The ProShares – Ultra QQQ ETF (NYSEMKT:QLD) and the ProShares – Ultra S&P 500 ETF (NYSEMKT:SSO) aim to double daily returns of major U.S. equity indexes using leverage. SSO tracks the S&P 500, while QLD tracks the Nasdaq-100. A comparison highlights expenses, risk, returns, and portfolio differences between the two.

SSO has an expense ratio of 0.87%, a 1-yr return of 23.67%, and AUM of $8 billion. QLD’s expense ratio is 0.95%, with a 1-yr return of 29.85% and AUM of $11 billion. SSO offers a higher dividend yield at 0.68% compared to QLD’s 0.17%.

QLD focuses on the Nasdaq-100, allocating 53% to tech, 17% to communication services, and 13% to consumer cyclical stocks. SSO tracks the S&P 500 with a broader sector mix. Both funds reset leverage daily, impacting performance over time, especially in volatile markets.

Leveraged ETFs like QLD and SSO are best suited for short-term investments due to compounding and volatility. SSO, tracking the S&P 500, offers more stability than QLD, which focuses on tech. Consider risk tolerance and investment goals when choosing between the two ETFs.

Read more at Yahoo Finance: Is Tech-Heavy QLD or S&P 500-Focused SSO the Right Choice for Investors?