ProShares UltraShort QQQ (QID)

11.29
Delayed Data
As of Feb 23
 -0.47 / -4.00%
Today’s Change
11.11
Today|||52-Week Range
20.05
-15.68%
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-0.09% 3 years-31.58%
3 months-16.12% 5 years-36.61%
1 year-43.08% Since inception-32.74%
Data through 02/24/2018

Quote Details

Previous close$11.76
Open day’s range11.29 – 11.67
Net asset value (NAV)11.29 (02/23/2018)
Daily volume3,784,245
Average volume (3 months)4,030,906
Data as of 8:00pm ET, 02/23/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 QIDCategory
Performance 5-yr return-36.61%-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%