Leveraged ETFs Overview: QLD and SPXL are leveraged ETFs that aim to provide amplified returns, with QLD targeting double the daily performance of the Nasdaq-100 and SPXL aiming for triple the daily performance of the S&P 500.
Performance Comparison: Over the past five years, SPXL has outperformed QLD with a total return of 366% compared to QLD's 252%, both significantly exceeding the S&P 500's 123% return.
Sector Focus and Holdings: QLD has a tech-heavy portfolio with 54% in technology, while SPXL has a more diversified range of stocks, with both funds employing daily leverage resets that can impact long-term returns.
Investment Risks: Both funds come with high fees and extreme volatility, having experienced drawdowns exceeding 60% in the last five years, highlighting the risks associated with leveraged investments.
Wall Street analysts forecast QLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QLD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Wall Street analysts forecast QLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QLD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 70.540
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Current: 70.540
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
