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.
Latest QID News
No recent news for ProShares UltraShort QQQ.
Performance
| 1 month | -10.87% | | 3 years | -37.71% |
| 3 months | -18.01% | | 5 years | -33.42% |
| 1 year | -34.89% | | Since inception | -30.80% |
Quote Details
| Previous close | $22.63 |
| Open day’s range | 22.63 – 23.04 |
| Net asset value (NAV) | 22.62 (05/23/2013) |
| Daily volume | 3,254,078 |
| Average volume (3 months) | 4,573,812 |
Data as of 4:00pm ET, 05/24/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| | QID | Category |
|---|
| Performance 5-yr return | -33.42% | -29.70% |
| Expense Gross exp ratio | 1.08% | 0.95% |
| Risk 5 year sharpe ratio | -0.86 | -0.72 |
| Net assets | $426.9M | $144.7M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SH ProShares Short S&P500 |
| SDS ProShares UltraShort S&P500 |
| BXDB Barclays Short B Leveraged Inverse S&P 5... |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
0.00 / 0.00%
+0.01 / +0.04%
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