ProShares UltraShort QQQ (QID)

11.72
Delayed Data
As of Feb 16
 +0.07 / +0.60%
Today’s Change
11.11
Today|||52-Week Range
20.20
-12.47%
Year-to-Date

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.

Inverse Equity ETFs to Bet on Historic Selloff
Feb 06 / Zacks.com - Paid Partner Content
 

Performance

1 month-2.90% 3 years-31.43%
3 months-14.20% 5 years-35.92%
1 year-41.62% Since inception-32.56%
Data through 02/17/2018

Quote Details

Previous close$11.65
Open day’s range11.48 – 11.77
Net asset value (NAV)11.72 (02/16/2018)
Daily volume8,172,672
Average volume (3 months)3,872,382
Data as of 8:00pm ET, 02/16/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 QIDCategory
Performance 5-yr return-35.92%-29.79%
Expense Gross exp ratio1.03%1.94%
Risk 5 year sharpe ratio-1.87--
Net assets$298.6M$2.4M
Average market cap----
Average P/E----
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
-- 26.60%
-- 18.38%
-- 16.42%
-- 9.70%
-- 8.63%
-- 7.19%
-- 2.50%
-- 2.50%
-- 1.72%
-- 1.71%