Price and drawdown summary
ProShares Ultra QQQ (QLD) is trading at $90.46 as of Jun 26, 2026. It is 10.0% below its high of $100.46. The drawdown has lasted 24 days. Severity score: 2.0 (normal), with historical context below.
Current price
$90.46
High-water mark
$100.46
Current drawdown
-10.0%
Days in drawdown
24
QLD
StockProShares Ultra QQQ
Price
$90.46
as of Jun 26, 2026
All Time High: $100.46
Slightly Elevated
Current Drawdown
-10.0%
Days in Drawdown
24
Avg Max Drawdown
5.1%
Avg Length
31
Drawdown Severity Score™
2.0
QLD - Price & High Water Mark
QLD - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
ProShares Ultra QQQ (QLD) Analysis: Current Drawdown Insights
ProShares Ultra QQQ is currently in a moderate drawdown. As of 2026-06-26, the stock is trading at $90.46, down 10.0% from its all-time high of $100.46. This pullback has lasted 24 days.
Based on its full tracked price history, ProShares Ultra QQQ typically experiences drawdowns averaging 5.1% in depth, with an average duration of 31 days. ProShares Ultra QQQ has gone through 219 total drawdown events in its tracked history. The largest drawdown on record for ProShares Ultra QQQ was 83.1%, beginning in 2007. The longest drawdown duration on record was 1601 days.
The Drawdown Severity Score™ for ProShares Ultra QQQ currently stands at 1.98. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing ProShares Ultra QQQ's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 219 tracked pullbacks (64 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-06-02 | Ongoing | 24 days | -10.0% | $100.46 | $90.46 | n/a |
| 2026-05-27 | 2026-05-28 | 2 days | -0.2% | $96.34 | $96.13 | $97.72 |
| 2026-05-15 | 2026-05-26 | 12 days | -5.1% | $93.84 | $89.07 | $96.34 |
| 2026-05-12 | 2026-05-13 | 2 days | -1.7% | $92.20 | $90.63 | $92.49 |
| 2026-05-07 | 2026-05-08 | 2 days | -0.2% | $87.79 | $87.60 | $91.66 |
| 2026-05-04 | 2026-05-05 | 2 days | -0.4% | $82.54 | $82.22 | $84.33 |
| 2026-04-28 | 2026-04-30 | 3 days | -2.0% | $80.24 | $78.62 | $81.00 |
| 2026-04-23 | 2026-04-24 | 2 days | -1.1% | $78.13 | $77.25 | $80.19 |
| 2026-04-20 | 2026-04-22 | 3 days | -1.4% | $76.68 | $75.62 | $78.13 |
| 2025-10-30 | 2026-04-17 | 170 days | -25.1% | $76.29 | $57.12 | $76.68 |
| 2025-10-09 | 2025-10-24 | 16 days | -7.3% | $70.98 | $65.83 | $71.90 |
| 2025-10-07 | 2025-10-08 | 2 days | -1.1% | $70.15 | $69.40 | $70.98 |
| 2025-10-03 | 2025-10-06 | 4 days | -0.9% | $69.74 | $69.11 | $70.15 |
| 2025-09-23 | 2025-10-01 | 9 days | -2.9% | $69.05 | $67.03 | $69.18 |
| 2025-09-16 | 2025-09-18 | 3 days | -0.7% | $66.59 | $66.16 | $67.38 |
| 2025-08-14 | 2025-09-11 | 29 days | -5.9% | $64.45 | $60.63 | $64.92 |
| 2025-08-11 | 2025-08-12 | 2 days | -0.6% | $63.22 | $62.81 | $64.40 |
| 2025-07-29 | 2025-08-07 | 10 days | -5.1% | $62.02 | $58.85 | $62.09 |
| 2025-07-22 | 2025-07-24 | 3 days | -1.1% | $61.22 | $60.57 | $61.39 |
| 2025-07-18 | 2025-07-21 | 4 days | -0.3% | $60.75 | $60.59 | $61.22 |
| 2024-12-17 | 2025-07-17 | 212 days | -42.3% | $59.92 | $34.58 | $60.75 |
| 2024-12-12 | 2024-12-13 | 2 days | -1.3% | $58.16 | $57.39 | $58.24 |
| 2024-12-09 | 2024-12-11 | 3 days | -2.3% | $57.47 | $56.13 | $58.16 |
| 2024-12-05 | 2024-12-06 | 2 days | -0.6% | $56.80 | $56.48 | $57.47 |
| 2024-11-11 | 2024-12-03 | 23 days | -6.9% | $55.11 | $51.30 | $55.45 |
| 2024-07-11 | 2024-11-07 | 120 days | -26.2% | $54.70 | $40.37 | $55.04 |
| 2024-06-20 | 2024-07-02 | 13 days | -4.4% | $50.96 | $48.73 | $51.36 |
| 2024-06-06 | 2024-06-10 | 5 days | -0.3% | $46.66 | $46.51 | $46.88 |
| 2024-05-29 | 2024-06-05 | 8 days | -3.6% | $45.98 | $44.34 | $46.66 |
| 2021-11-22 | 2024-05-24 | 914 days | -63.7% | $45.62 | $16.57 | $45.65 |
| 2021-11-08 | 2021-11-18 | 11 days | -4.5% | $44.47 | $42.45 | $45.12 |
| 2021-09-08 | 2021-10-28 | 51 days | -14.9% | $41.03 | $34.91 | $41.35 |
| 2021-09-02 | 2021-09-03 | 2 days | -0.1% | $40.72 | $40.67 | $40.93 |
| 2021-08-31 | 2021-09-01 | 2 days | -0.2% | $40.66 | $40.58 | $40.72 |
| 2021-08-26 | 2021-08-27 | 2 days | -1.2% | $39.46 | $39.00 | $39.77 |
| 2021-08-06 | 2021-08-23 | 18 days | -4.1% | $38.49 | $36.91 | $39.17 |
| 2021-07-27 | 2021-08-05 | 10 days | -2.2% | $38.26 | $37.42 | $38.49 |
| 2021-07-15 | 2021-07-22 | 8 days | -4.6% | $37.16 | $35.46 | $37.33 |
| 2021-07-13 | 2021-07-14 | 2 days | -0.0% | $37.05 | $37.03 | $37.16 |
| 2021-07-08 | 2021-07-09 | 2 days | -1.1% | $36.72 | $36.33 | $36.77 |
| 2021-06-30 | 2021-07-02 | 3 days | -0.3% | $35.57 | $35.46 | $36.29 |
| 2021-06-25 | 2021-06-28 | 4 days | -0.2% | $34.56 | $34.49 | $35.32 |
| 2021-06-18 | 2021-06-22 | 5 days | -1.6% | $33.61 | $33.08 | $34.11 |
| 2021-06-15 | 2021-06-17 | 3 days | -2.0% | $33.46 | $32.78 | $33.61 |
| 2021-04-19 | 2021-06-14 | 57 days | -14.4% | $33.20 | $28.41 | $33.46 |
| 2021-04-14 | 2021-04-15 | 2 days | -2.4% | $32.94 | $32.15 | $33.12 |
| 2021-02-16 | 2021-04-13 | 56 days | -21.0% | $32.49 | $25.66 | $32.94 |
| 2021-02-09 | 2021-02-11 | 3 days | -0.5% | $31.95 | $31.78 | $32.14 |
| 2021-01-27 | 2021-02-04 | 9 days | -8.4% | $31.09 | $28.49 | $31.33 |
| 2021-01-22 | 2021-01-25 | 4 days | -0.6% | $30.70 | $30.51 | $31.05 |
| 2021-01-11 | 2021-01-20 | 10 days | -4.5% | $29.37 | $28.04 | $30.19 |
| 2020-09-03 | 2020-12-07 | 96 days | -24.5% | $27.07 | $20.43 | $27.24 |
| 2020-02-20 | 2020-07-01 | 132 days | -51.7% | $18.57 | $8.97 | $18.70 |
| 2018-08-30 | 2019-07-10 | 315 days | -42.5% | $12.53 | $7.21 | $12.57 |
| 2018-03-13 | 2018-06-06 | 86 days | -20.3% | $11.10 | $8.85 | $11.19 |
| 2018-01-29 | 2018-03-09 | 40 days | -19.7% | $10.84 | $8.70 | $11.00 |
| 2015-11-05 | 2016-08-05 | 274 days | -30.7% | $5.10 | $3.53 | $5.15 |
| 2015-07-21 | 2015-11-03 | 106 days | -26.5% | $5.08 | $3.74 | $5.10 |
| 2014-09-19 | 2014-10-31 | 43 days | -16.1% | $3.96 | $3.32 | $4.04 |
| 2012-09-20 | 2013-04-30 | 223 days | -22.4% | $1.95 | $1.51 | $1.97 |
| 2012-04-04 | 2012-09-06 | 156 days | -22.3% | $1.85 | $1.44 | $1.90 |
| 2007-11-01 | 2012-03-19 | 1601 days | -83.1% | $1.77 | $0.30 | $1.79 |
| 2007-07-20 | 2007-09-25 | 68 days | -19.3% | $1.53 | $1.23 | $1.54 |
| 2007-01-17 | 2007-04-25 | 98 days | -14.9% | $1.29 | $1.10 | $1.32 |
| 2006-07-05 | 2006-09-05 | 63 days | -16.5% | $0.99 | $0.83 | $1.00 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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QLD Price History and Drawdown Data
Latest price
$90.46
High-water mark
$100.46
Current drawdown
-10.0%
Days in drawdown
24
This QLD page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior ProShares Ultra QQQ drawdowns.
What History Says About QLD
ProShares Ultra QQQ has dropped 25%+ from its high 9 times in its tracked history. These events lasted an average of 427 days with an average max drop of -43.5%.
The current drawdown of -10.0% has lasted 24 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Nov 2007 to Mar 2012 | -83.1% | 1601 days |
| Nov 2021 to May 2024 | -63.7% | 914 days |
| Feb 2020 to Jul 2020 | -51.7% | 132 days |
| Aug 2018 to Jul 2019 | -42.5% | 315 days |
| Dec 2024 to Jul 2025 | -42.3% | 212 days |
| Nov 2015 to Aug 2016 | -30.7% | 274 days |
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