ProShares UltraShort QQQ (QID)

42.21
BATS BZX Real-Time Price
As of 12:23pm ET
 +2.10 / +5.24%
Today’s Change
38.82
Today|||52-Week Range
71.48
-21.19%
Year-to-Date
QID Regular Dividend: QID began trading ex-dividend on 06/20/18. A $0.1352 dividend will be paid to shareholders of record as of 06/21/18.

Investment Objective

The investment seeks daily investment results- before fees and expenses- that correspond to two times the inverse (-2x) of the daily performance of the NASDAQ-100 Index-. The fund invests in derivatives that ProShare Advisors believes- in combination- should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index- a modified market capitalization-weighted index- includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

No recent news for ProShares UltraShort QQQ.

Performance

1 month-8.18% 3 years-32.64%
3 months-15.72% 5 years-36.44%
1 year-39.67% Since inception-32.65%
Data through 06/23/2018

Quote Details

Previous close$40.11
Open day’s range40.69 – 42.43
Net asset value (NAV)40.08 (06/22/2018)
Daily volume340,940
Average volume (3 months)1,728,244
Data as of 12:23pm ET, 06/25/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 QIDCategory
Performance 5-yr return-36.44%-29.79%
Expense Gross exp ratio1.03%1.94%
Risk 5 year sharpe ratio-1.69--
Net assets$257.3M$2.6M
Average market cap--$14.4B
Average P/E--15.5
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 26.46%
-- 24.13%
-- 12.84%
-- 12.00%
-- 8.75%
-- 7.76%
-- 4.64%
-- 3.97%
-- 3.87%
-- 3.09%