ProShares Ultra QQQ ETF vs YieldMax Magnificent 7 Fund of Option Income ETFs — how do they compare? ProShares Ultra QQQ ETF trades at $88.87, while YieldMax Magnificent 7 Fund of Option Income ETFs trades at $11.37. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, YieldMax Magnificent 7 Fund of Option Income ETFs nearer its low. Which is the better fit depends on your goals.
| QLD | YMAG | |
|---|---|---|
Sector | Leveraged / Inverse | Income / Options Overlay |
52-Week High | $100.53 | $15.98 |
52-Week Low | $57.16 | $11.00 |
Trailing returns across standard periods
Latest headlines on both assets
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 →YMAG is an actively managed 'fund of funds' that provides equal-weighted exposure to the seven YieldMax ETFs tracking the 'Magnificent 7' tech giants (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla). It seeks to generate high current income by harvesting option premiums across these leaders, offering a streamlined way to access concentrated tech volatility in an income-producing format.
Read more on YMAG →