ProShares UltraShort QQQ (QID)

12.24
BATS BZX Real-Time Price
As of 11:14am ET
 -0.09 / -0.73%
Today’s Change
10.37
Today|||52-Week Range
18.46
-8.59%
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.

No recent news for ProShares UltraShort QQQ.

Performance

1 month-1.75% 3 years-28.28%
3 months+8.08% 5 years-34.37%
1 year-33.33% Since inception-31.84%
Data through 04/25/2018

Quote Details

Previous close$12.33
Open day’s range12.23 – 12.56
Net asset value (NAV)12.34 (04/24/2018)
Daily volume571,177
Average volume (3 months)5,958,407
Data as of 11:14am ET, 04/25/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 QIDCategory
Performance 5-yr return-34.37%-29.79%
Expense Gross exp ratio1.03%1.94%
Risk 5 year sharpe ratio-1.70--
Net assets$277.0M$2.7M
Average market cap--$13.2B
Average P/E--16.1
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
-- 29.83%
-- 17.62%
-- 14.61%
-- 11.30%
-- 9.59%
-- 6.35%
-- 6.20%
-- 4.72%
-- 4.04%
-- 3.87%