QLD vs PAVE

Comparison between PROSHARES ULTRA QQQ (QLD, ETF) and GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF (PAVE, ETF).

5-Year PerformanceQLD has outperformed PAVE, delivering a return of +19.4% compared to +17.7%

QLD vs PAVE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QLD(ETF)	PAVE(ETF)
Net Assets	$15B	$15B
Expense Ratio	N/A	0.47%
Max Drawdown	83.99%	44.08%
Sharpe Ratio	1.12	1.02
5Y Beta	2.48	1.07
P/E Ratio	37.64	36.88
Forward P/E	23.11	23.16
PEG Ratio	0.24	N/A
5Y Dividends CAGR	N/A	26.42%
5Y EPS CAGR	31.17%	16.88%
Debt to Equity	34.47%	39.87%
P/S Ratio	6.16	2.50
P/B Ratio	9.25	4.36

Net Assets

QLD

$15B

PAVE

$15B

Expense Ratio

QLD

N/A

PAVE

0.47%

Max Drawdown

QLD

83.99%

Winner

PAVE

44.08%

Sharpe Ratio

Winner

QLD

1.12

PAVE

1.02

5Y Beta

QLD

2.48

Winner

PAVE

1.07

P/E Ratio

QLD

37.64

Winner

PAVE

36.88

Forward P/E

Winner

QLD

23.11

PAVE

23.16

PEG Ratio

QLD

0.24

PAVE

N/A

5Y Dividends CAGR

QLD

N/A

PAVE

26.42%

5Y EPS CAGR

Winner

QLD

31.17%

PAVE

16.88%

Debt to Equity

Winner

QLD

34.47%

PAVE

39.87%

P/S Ratio

QLD

6.16

Winner

PAVE

2.50

P/B Ratio

QLD

9.25

Winner

PAVE

4.36

QLD vs PAVE - Holdings Comparison

QLD and PAVE have 3 common holdings. Overlap is 0.23%

QLD's top 25 holdings weight is 71.27%. PAVE's top 25 holdings weight is 64.30%.

Rank	QLD	PAVE
#1	NASDAQ 100 INDEX SWAP (n/a) - 14.20%	QUANTA SERVICES INC (PWR) - 3.98%
#2	PROSHARES GENIUS MONEY MARKET ETF (IQMM) - 9.46%	CSX CORP (CSX) - 3.64%
#3	NVIDIA CORP (NVDA) - 5.11%	TRANE TECHNOLOGIES PLC CLASS A (TT) - 3.35%
#4	APPLE INC (AAPL) - 4.89%	EATON CORP PLC (ETN) - 3.33%
#5	MICRON TECHNOLOGY INC (MU) - 3.13%	HOWMET AEROSPACE INC (HWM) - 3.31%
#6	MICROSOFT CORP (MSFT) - 3.10%	UNION PACIFIC CORP (UNP) - 3.24%
#7	AMAZON.COM INC (AMZN) - 2.84%	DEERE & CO (DE) - 3.24%
#8	POWERSHARES QQQ (QQQ) SWAP (n/a) - 2.68%	UNITED RENTALS INC (URI) - 3.13%
#9	ADVANCED MICRO DEVICES INC (AMD) - 2.49%	ROCKWELL AUTOMATION INC (ROK) - 3.06%
#10	ALPHABET INC CLASS A (GOOGL) - 2.29%	NORFOLK SOUTHERN CORP (NSC) - 2.97%
#11	TESLA INC (TSLA) - 2.16%	FASTENAL CO (FAST) - 2.87%
#12	ALPHABET INC CLASS C (GOOG) - 2.13%	SEMPRA (SRE) - 2.87%
#13	META PLATFORMS INC CLASS A (META) - 1.95%	PARKER HANNIFIN CORP (PH) - 2.77%
#14	BROADCOM INC (AVGO) - 1.88%	NUCOR CORP (NUE) - 2.66%
#15	INTEL CORP (INTC) - 1.64%	EMERSON ELECTRIC CO (EMR) - 2.50%
#16	WALMART INC (WMT) - 1.61%	CRH PLC (CRH) - 2.28%
#17	APPLIED MATERIALS INC (AMAT) - 1.30%	VULCAN MATERIALS CO (VMC) - 2.07%
#18	CISCO SYSTEMS INC (CSCO) - 1.30%	EMCOR GROUP INC (EME) - 1.91%
#19	COSTCO WHOLESALE CORP (COST) - 1.24%	MARTIN MARIETTA MATERIALS INC (MLM) - 1.85%
#20	LAM RESEARCH CORP (LRCX) - 1.21%	STEEL DYNAMICS INC (STLD) - 1.72%
#21	CTE PROSHARES TRUST M (n/a) - 1.11%	MASTEC INC (MTZ) - 1.63%
#22	NETFLIX INC (NFLX) - 0.95%	CARPENTER TECHNOLOGY CORP (CRS) - 1.61%
#23	n/a (PLTR) - 0.91%	AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.55%
#24	n/a (SPCX) - 0.85%	HUBBELL INC (HUBB) - 1.38%
#25	KLA CORP (KLAC) - 0.84%	ATI INC (ATI) - 1.38%
Total Holdings	109	101

QLD vs PAVE - Historical Returns

Returns include dividend reinvestment.

Period	QLD	PAVE
1 month	-8.59%	-4.97%
3 months	+18.00%	+1.92%
6 months	+26.61%	+9.00%
1 year	+45.76%	+25.57%
5 years(CAGR)	+19.38%	+17.72%
10 years(CAGR)	+33.83%	+16.10%
Max(CAGR)	+25.17%	+16.10%

QLD

-8.59%

Winner

PAVE

-4.97%

Winner

QLD

+18.00%

PAVE

+1.92%

Winner

QLD

+26.61%

PAVE

+9.00%

Winner

QLD

+45.76%

PAVE

+25.57%

5Y(CAGR)

Winner

QLD

+19.38%

PAVE

+17.72%

10Y(CAGR)

Winner

QLD

+33.83%

PAVE

+16.10%

Max(CAGR)

Winner

QLD

+25.17%

PAVE

+16.10%

QLD vs PAVE - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	QLD	PAVE
2026	+27.40%	+15.25%
2025	+30.94%	+19.84%
2024	+47.79%	+19.14%
2023	+120.84%	+30.96%
2022	-61.32%	-6.23%
2021	+59.15%	+38.38%
2020	+82.89%	+19.91%
2019	+80.35%	+32.56%
2018	-11.39%	-20.25%
2017	+67.44%	+14.10%
2016	+14.97%	N/A
2015	+15.22%	N/A
2014	+39.73%	N/A
2013	+71.07%	N/A
2012	+30.04%	N/A
2011	-2.94%	N/A
2010	+33.34%	N/A
2009	+103.28%	N/A
2008	-71.99%	N/A
2007	+28.36%	N/A
2006	+19.47%	N/A

QLD vs PAVE Drawdown Comparison

The maximum drawdown for QLD was -83.16%, occurring on Mar 9, 2009. Recovery took 1103 trading sessions.

The maximum drawdown for PAVE was -44.08%, occurring on Mar 23, 2020. Recovery took 182 trading sessions.

The current QLD drawdown is -11.18%. The current PAVE drawdown is -6.15%.

Rank	QLD	PAVE
#1	-83.16% Oct 31, 2007 - Mar 19, 2012	-44.08% Jan 17, 2020 - Oct 7, 2020
#2	-63.68% Nov 19, 2021 - May 24, 2024	-27.83% Jan 26, 2018 - Nov 26, 2019
#3	-51.72% Feb 19, 2020 - Jul 1, 2020	-26.23% Nov 25, 2024 - Jul 23, 2025
#4	-42.46% Aug 29, 2018 - Jul 10, 2019	-22.61% Jan 4, 2022 - Jan 31, 2023
#5	-42.29% Dec 16, 2024 - Jul 17, 2025	-13.34% Sep 1, 2023 - Dec 13, 2023
#6	-30.74% Nov 4, 2015 - Aug 5, 2016	-11.91% Feb 24, 2026 - Apr 23, 2026
#7	-26.47% Jul 20, 2015 - Nov 3, 2015	-11.65% Mar 3, 2023 - Jun 15, 2023
#8	-26.20% Jul 10, 2024 - Nov 7, 2024	-10.11% Jan 12, 2021 - Feb 24, 2021
#9	-25.13% Oct 29, 2025 - Apr 17, 2026	-9.09% May 7, 2021 - Aug 11, 2021
#10	-24.51% Sep 2, 2020 - Dec 7, 2020	-8.63% Jul 31, 2024 - Sep 19, 2024
#11	-22.39% Sep 19, 2012 - Apr 30, 2013	-8.51% Aug 12, 2021 - Oct 25, 2021
#12	-22.26% Apr 3, 2012 - Sep 6, 2012	-8.39% Mar 28, 2024 - Jul 16, 2024
#13	-21.02% Feb 12, 2021 - Apr 13, 2021	-7.85% May 6, 2026 - Jun 16, 2026
#14	-20.31% Mar 12, 2018 - Jun 6, 2018	-7.53% Mar 15, 2017 - Sep 19, 2017
#15	-19.72% Jan 26, 2018 - Mar 9, 2018	-7.45% Nov 23, 2021 - Jan 4, 2022

Correlation

Correlation between QLD and PAVE is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2006 - 2026)

QLD vs PAVE dividend yield comparison.

Year	QLD	PAVE
2026	0.08%	0.18%
2025	0.17%	0.92%
2024	0.25%	0.54%
2023	0.34%	0.68%
2022	0.31%	0.84%
2021	0.00%	0.48%
2020	0.00%	0.44%
2019	0.13%	0.67%
2018	0.06%	0.78%
2017	0.02%	0.30%
2016	0.21%	0.00%
2015	0.11%	0.00%
2014	0.19%	0.00%
2013	0.13%	0.00%
2012	0.15%	0.00%
2008	0.12%	0.00%
2007	5.14%	0.00%
2006	6.69%	0.00%