iShares Core MSCI EAFE ETF vs ProShares Ultra QQQ ETF — how do they compare? iShares Core MSCI EAFE ETF trades at $100.75, while ProShares Ultra QQQ ETF trades at $92.21. The key difference: iShares Core MSCI EAFE ETF is trading nearer its 52-week high, ProShares Ultra QQQ ETF nearer its low. Which is the better fit depends on your goals.
| IEFA | QLD | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $101.09 | $100.53 |
52-Week Low | $84.72 | $57.16 |
Trailing returns across standard periods
IEFA tracks the MSCI EAFE Investable Market Index, offering broad exposure to large, mid, and small-cap stocks in developed markets across Europe, Australasia, and the Far East. It serves as a low-cost core holding for international diversification, excluding the U.S. and Canada.
Read more on IEFA →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 →