Vanguard Mega Cap Growth ETF vs ProShares Ultra QQQ ETF — how do they compare? Vanguard Mega Cap Growth ETF trades at $90.47, while ProShares Ultra QQQ ETF trades at $93. Which is the better fit depends on your goals.
| MGK | QLD | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $92.06 | $100.53 |
52-Week Low | $70.70 | $57.16 |
Trailing returns across standard periods
MGK is an ETF that seeks to track the performance of the CRSP US Mega Cap Growth Index. It provides a low-cost, diversified exposure to the largest growth companies in the U.S. stock market. The fund is composed of mega-cap stocks that exhibit key growth factors, including high expected long-term earnings growth, high historical sales and earnings growth, and high return on assets. MGK is typically used by investors seeking long-term capital appreciation from market-leading firms.
Read more on MGK →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 →