ProShares Ultra QQQ Mega QQUP
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Net expense ratio
- 0.95%
- Net assets
- $30.1M
- Holdings
- 16
- 12-month distribution yield
- 0.60%
- Asset class
- Derivatives-based
ProShares Ultra QQQ Mega (QQUP) is an exchange-traded fund listed on the Nasdaq in the United States, issued by ProShares. Its category is Derivatives-based. Its last price was US$64.73 on 20 Oct 2026. Its net expense ratio is 0.95% a year, from its prospectus dated 4 Feb 2026. It reported net assets of US$30.09 million as of 31 May 2026. Its latest holdings report lists 16 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$0.39 a unit, a 12-month distribution yield of 0.60%, paid quarterly.
Fees
- Total annual operating expenses (gross)
- 1.16%
- Net, after fee waivers or reimbursements
- 0.95%
- Management fee
- 0.75%
- Prospectus date
- 4 Feb 2026
- Filed with the SEC
- 4 Feb 2026
Size and reporting
- Net assets
- $30,088,818
- Total assets
- $31,510,129
- Holdings as of
- 31 May 2026
- Report made public
- 28 Jul 2026 (58 days after the month end)
Top holdings
Largest 16 of 16 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA Corp. | US67066G1040 | 11.34% | $3.4M | Equity (common) | United States | USD |
| 2 | Total Return Swap | No identifier reported | 10.61% | $3.2M | Equity derivatives | United States | USD |
| 3 | Apple, Inc. | US0378331005 | 10.13% | $3.0M | Equity (common) | United States | USD |
| 4 | Repurchase Agreement | No identifier reported | 8.37% | $2.5M | Repurchase agreements | United States | USD |
| 5 | Microsoft Corp. | US5949181045 | 7.39% | $2.2M | Equity (common) | United States | USD |
| 6 | Amazon.com, Inc. | US0231351067 | 6.42% | $1.9M | Equity (common) | United States | USD |
| 7 | Repurchase Agreement | No identifier reported | 5.27% | $1.6M | Repurchase agreements | United States | USD |
| 8 | Alphabet, Inc. Alphabet, Inc., Class A | US02079K3059 | 4.89% | $1.5M | Equity (common) | United States | USD |
| 9 | Tesla, Inc. | US88160R1014 | 4.81% | $1.4M | Equity (common) | United States | USD |
| 10 | Broadcom, Inc. | US11135F1012 | 4.69% | $1.4M | Equity (common) | United States | USD |
| 11 | Alphabet, Inc. Alphabet, Inc., Class C | US02079K1079 | 4.53% | $1.4M | Equity (common) | United States | USD |
| 12 | Total Return Swap | No identifier reported | -4.46% | -$1.3M | Equity derivatives | United States | USD |
| 13 | Repurchase Agreement | No identifier reported | 3.95% | $1.2M | Repurchase agreements | United States | USD |
| 14 | Repurchase Agreement | No identifier reported | 2.90% | $872K | Repurchase agreements | United States | USD |
| 15 | Total Return Swap | No identifier reported | 2.53% | $761K | Equity derivatives | United States | USD |
| 16 | Total Return Swap | No identifier reported | 0.40% | $119K | Equity derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Warning: Uses derivatives
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 54.20% | |
| Repurchase agreements | 20.48% | |
| Equity derivatives | 9.08% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 83.76% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 83.76% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Technology | 38.44% | |
| Consumer Discretionary | 6.42% | |
| Industrials | 4.81% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.3870
- 12-month yield
- 0.60%
- Frequency
- Quarterly
- Latest ex-date
- 23 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.3870) ÷ latest price ($64.73) × 100 = 0.60%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (5 payments)
| Ex-date | Amount per unit |
|---|---|
| 23 Sep 2026 | $0.0790 |
| 24 Jun 2026 | $0.1020 |
| 25 Mar 2026 | $0.1120 |
| 24 Dec 2025 | $0.0940 |
| 24 Sep 2025 | $0.0700 |
Filings and sources
- Form N-PORT report for May 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000090187) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- QQUP and TQQQ ProShares UltraPro QQQ
- QQUP and SOXL Direxion Daily Semiconductor Bull 3X ETF
- QQUP and BBJP JPMorgan BetaBuilders Japan ETF
- QQUP and QLD ProShares Ultra QQQ