Invesco DB Oil Fund vs ProShares Ultra QQQ ETF — how do they compare? Invesco DB Oil Fund trades at $21.06, while ProShares Ultra QQQ ETF trades at $92.19. Which is the better fit depends on your goals.
| DBO | QLD | |
|---|---|---|
Sector | Commodities - Energy | Leveraged / Inverse |
52-Week High | $23.80 | $100.53 |
52-Week Low | $11.98 | $57.16 |
Trailing returns across standard periods
DBO provides exposure to WTI crude oil prices through futures contracts. It is designed for investors seeking a way to invest in the performance of the fossil fuel market without purchasing physical oil barrels.
Read more on DBO →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 →