So GLD starts in Nov,2004 at 45, while TQQQ at about 400.
In early 2008, TQQQ drop to 40( the lowest was about 16) while GOLD was 90.
If I move GLD profit into TQQQ, today I would make 159 times profit.
If I move all GLD into TQQQ, I would make 318 times profit.
If 2008 bear market did not happen and TQQQ never drop below 40, I would make 20 times profit.
If I did not hold any gold, but all TQQQ, I would make 31 times profit.
For the same period, QQQ made 10 times profit.
All these scenario beat simply holding QQQ.
The conclusion show that barring a big bear market like 2000 bear market, holding TQQQ or TQQQ + GOLD handly outpreform holding QQQ.
lets get to the facts comparing TQQQ against QLD
QLD 1st day trading Dec 1, 2004 opened at $45.28, closed 1st day at $45.38 on 2,037,500 shares
for comparison using the first day trade of TQQQ
TQQQ 1st day trading Feb 11, 2010 opened at $77.76, closed 1st day at $83.52 on 1,718,400
QLD on Feb 11, 2010 opened at $106.64, closed at $108.35 on 14,901,800
QLD has had zero stock splits, closing Apr 7 at $106.72
TQQQ has had a total combined splits of 96x, closing Apr 7 at $102.17
buying one share comparison from Feb 11, 2010, keep in mind all the corrections of 2012, 2016, Dec 2018, March 2020... thats 11 years +2 mths, a buy & hold
QLD has gained ~$2
TQQQ with 96x spilts take the April 7 closing price $102.17 x 96 = $9808.37 minus buy price $77.76 = $9730.56
^^^ my source for the data was seekingalpha, key facts + historical prices. To view enter your own data time stamp.
https://seekingalpha.com/symbol/GLD/historical-price-quotes
https://seekingalpha.com/symbol/TQQQ/historical-price-quotes
then there is the stocksplit history
https://www.stocksplithistory.com/?symbol=gld
https://www.splithistory.com/tqqq/
E&OE