ProShares Ultra QQQ ETF vs Atlassian Corporation PLC — how do they compare? ProShares Ultra QQQ ETF trades at $98.43 (market cap $15.38B), while Atlassian Corporation PLC trades at $206.79 (market cap $51.53B). The key difference: Atlassian Corporation PLC is far larger — about 3.4× ProShares Ultra QQQ ETF's market cap, and ProShares Ultra QQQ ETF is more actively traded (4,844,085 versus 2,904,511). Which is the better fit depends on your goals — on Pluang, investors hold ProShares Ultra QQQ ETF for 36 Days and Atlassian Corporation PLC for 65 Days on average.
| QLD | TEAM | |
|---|---|---|
Market Cap | $15.38B | $51.53B |
Volume | 4,844,085 | 2,904,511 |
Sector | Leveraged / Inverse | Technology |
52-Week High | $100.77 | $206.79 |
52-Week Low | $57.16 | $57.15 |
Typical Hold Time | 36 Days | 65 Days |
Enterprise Value | — | $51.52B |
Signals from Pluang's Aura AI — not financial advice
QLD (ProShares Ultra QQQ ETF) trades at $97.56, down 2.66% amid broader market volatility. Technical indicators show a bullish moving average signal but neutral oscillators, with key support at $96 and resistance at $100. The ETF provides 2x leveraged exposure to the Nasdaq-100, attracting institutional interest as evidenced by recent buying activity from 180 Wealth Advisors. Recent news highlights QLD's resilience compared to higher-leverage alternatives during market downturns.
The outlook for QLD remains tied to Nasdaq-100 performance and Federal Reserve policy. While technical momentum appears positive, investors face amplified volatility risks inherent to leveraged products. The ETF's 2x leverage structure offers middle-ground exposure that may appeal to tactical investors seeking Nasdaq-100 upside with less extreme risk than 3x products.
Atlassian (TEAM) trades at $203.57, up 4.04% on the day, with a bullish technical signal from moving averages and strong analyst support. Revenue growth is robust, reaching $5.22B in 2025, though the company remains unprofitable with a net income margin of -0.82%. Recent news highlights AI-driven product adoption and cloud momentum as key growth catalysts, with the stock rallying 180% since April 2026 according to Investor's Business Daily on 2026-09-18.
The outlook is positive due to AI integration and market expansion, but high valuation multiples (P/S of 8.06, EV/EBITDA of 242.85) and persistent losses pose risks. Analysts are overwhelmingly bullish with a 69.77% buy rating and a consensus price target of $191.16, though the current price exceeds this target, suggesting near-term caution amid long-term growth potential.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Read more on TEAM →