It has been beating the nasdaq and it is much safer than individual stocks.
Quote from jzlucas:
Ooooh! Big bad bully trader telling us what to trade. Swing trading QLD works just fine for me, thanks. Good trading to you.

Tired of daytrading, I enjoy swing... QLD is my friend now!Quote from scriabinop23:
hheheh
seriously, though it is a conundrum.
If you can daytrade qqqq's, you are likely by definition well enough capitalized to trade 1 NQ. For swing trades, I guess the smaller leverage on the QQQQ makes sense ... for anywhere under 800 shares.