QID:ARCA-ProShares UltraShort QQQ (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 43.54

Change

+2.04 (+4.92)%

Market Cap

USD 0.36B

Volume

0.02B

Analyst Target

N/A
Analyst Rating

N/A

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: 2024-08-02 )

Largest Industry Peers for Trading--Inverse Equity

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

+0.03 (+0.28%)

USD 0.96B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+0.11 (+0.54%)

USD 0.83B
PSQ ProShares Short QQQ 0.95 %

-0.07 (-0.18%)

USD 0.66B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

+0.13 (+0.56%)

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

+0.29 (+2.36%)

USD 0.32B
YANG Direxion Daily FTSE China Bear.. 1.02 %

+0.15 (+4.34%)

USD 0.22B
DOG ProShares Short Dow30 0.95 %

+0.20 (+0.76%)

USD 0.17B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.01 (+0.09%)

USD 0.16B
RWM ProShares Short Russell2000 0.95 %

+0.30 (+1.61%)

USD 0.16B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

-0.39 (-2.01%)

USD 0.10B

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 -17.93% 31% F 11% F
Dividend Return 2.96% 100% F 66% D+
Total Return -14.97% 35% F 12% F
Trailing 12 Months  
Capital Gain -33.53% 25% F 7% C-
Dividend Return 5.31% 91% A- 71% C-
Total Return -28.22% 25% F 8% B-
Trailing 5 Years  
Capital Gain -93.02% 28% F 2% F
Dividend Return 1.63% 36% F 4% F
Total Return -91.40% 28% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain 28.35% 70% C- 89% A-
Dividend Return 29.20% 70% C- 88% B+
Total Return 0.86% 34% F 19% F
Risk Return Profile  
Volatility (Standard Deviation) 959.14% 29% F 1% F
Risk Adjusted Return 3.04% 64% D 29% F
Market Capitalization 0.36B N/A N/A N/A N/A

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:

There is nothing we particularly like

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.