iShares MSCI Hong Kong ETF vs ProShares Ultra QQQ ETF — how do they compare? iShares MSCI Hong Kong ETF trades at $22.52, while ProShares Ultra QQQ ETF trades at $92.75. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, iShares MSCI Hong Kong ETF nearer its low. Which is the better fit depends on your goals.
| EWH | QLD | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $24.55 | $100.53 |
52-Week Low | $20.66 | $57.16 |
Trailing returns across standard periods
EWH tracks the MSCI Hong Kong 25/50 Index, providing broad exposure to large and mid-cap companies listed in Hong Kong. It focuses on the established pillars of the local economy, with heavy weightings in financials, real estate, and utilities, serving as a single-country diversification tool.
Read more on EWH →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 →