QID:ARCA-ProShares UltraShort QQQ (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 38.11

Change

-0.94 (-2.41)%

Market Cap

USD 0.36B

Volume

6.90M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Inception Date: 11/07/2006

Primary Benchmark: NASDAQ 100 TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.03%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-17 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

-0.20 (-1.78%)

USD 1.03B
SOXS Direxion Daily Semiconductor B.. 0.97 %

-3.18 (-12.76%)

USD 0.75B
PSQ ProShares Short QQQ 0.95 %

-1.04 (-2.51%)

USD 0.74B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-1.33 (-5.02%)

USD 0.52B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.52 (-3.70%)

USD 0.32B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.20 (-1.72%)

USD 0.18B
DOG ProShares Short Dow30 0.95 %

-0.34 (-1.23%)

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

-0.40 (-2.07%)

USD 0.16B
YANG Direxion Daily FTSE China Bear.. 1.02 %

-0.87 (-10.26%)

USD 0.11B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

-2.34 (-9.95%)

USD 0.11B

ETFs Containing QID

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -28.16% 18% F 6% D-
Dividend Return 1.49% 92% A 48% F
Total Return -26.68% 18% F 6% D-
Trailing 12 Months  
Capital Gain -43.46% 18% F 5% F
Dividend Return 4.99% 89% A- 68% D+
Total Return -38.47% 18% F 6% D-
Trailing 5 Years  
Capital Gain -93.96% 29% F 1% F
Dividend Return 2.14% 53% F 7% C-
Total Return -91.83% 29% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain 27.69% 70% C- 89% A-
Dividend Return 28.41% 70% C- 88% B+
Total Return 0.72% 30% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 959.20% 29% F 1% F
Risk Adjusted Return 2.96% 64% D 30% F
Market Capitalization 0.36B 86% B+ 36% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.