ProShares UltraShort QQQ (QID)

11.77
Delayed Data
As of Apr 20
 +0.35 / +3.06%
Today’s Change
10.37
Today|||52-Week Range
19.23
-12.10%
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+4.55% 3 years-30.66%
3 months+0.54% 5 years-35.50%
1 year-37.92% Since inception-32.14%
Data through 04/21/2018

Quote Details

Previous close$11.42
Open day’s range11.46 – 11.86
Net asset value (NAV)11.77 (04/20/2018)
Daily volume6,050,829
Average volume (3 months)5,810,052
Data as of 8:00pm ET, 04/20/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 QIDCategory
Performance 5-yr return-35.50%-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%