State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs ProShares Ultra QQQ ETF — how do they compare? State Street SPDR Bloomberg 1-3 Month T-Bill ETF trades at $91.52, while ProShares Ultra QQQ ETF trades at $93.11. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, State Street SPDR Bloomberg 1-3 Month T-Bill ETF nearer its low. Which is the better fit depends on your goals.
| BIL | QLD | |
|---|---|---|
Sector | Fixed Income | Leveraged / Inverse |
52-Week High | $91.77 | $100.53 |
52-Week Low | $91.27 | $57.16 |
Trailing returns across standard periods
BIL tracks the performance of short-term U.S. Treasury bills with maturities between 1 and 3 months. It is designed for investors seeking a highly liquid, low-risk vehicle for cash management and capital preservation.
Read more on BIL →QLD is a leveraged ETF that seeks daily investment results corresponding to 200% of the daily performance of the NASDAQ-100 Index. It achieves 2x leverage by investing in financial instruments such as swaps and is designed as a tactical trading tool for investors with a bullish (long) view on the NASDAQ-100. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
Read more on QLD →