QID:ARCA-ProShares UltraShort QQQ (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 38.45

Change

-0.23 (-0.59)%

Market Cap

USD 0.36B

Volume

4.29M

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: 2024-08-27 )

Largest Industry Peers for Trading--Inverse Equity

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

-0.08 (-0.70%)

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

+0.38 (+1.57%)

USD 0.94B
PSQ ProShares Short QQQ 0.95 %

-0.42 (-1.01%)

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

-0.68 (-2.48%)

USD 0.51B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.28 (-1.90%)

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

-0.09 (-0.77%)

USD 0.17B
DOG ProShares Short Dow30 0.95 %

-0.18 (-0.64%)

USD 0.17B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

-1.25 (-5.10%)

USD 0.14B
RWM ProShares Short Russell2000 0.95 %

-0.25 (-1.23%)

USD 0.14B
YANG Direxion Daily FTSE China Bear.. 1.02 %

+0.01 (+0.11%)

USD 0.13B

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 -27.52% 35% F 7% C-
Dividend Return 2.96% 100% F 63% D
Total Return -24.57% 35% F 7% C-
Trailing 12 Months  
Capital Gain -40.48% 33% F 5% F
Dividend Return 5.38% 94% A 71% C-
Total Return -35.10% 33% F 6% D-
Trailing 5 Years  
Capital Gain -93.72% 28% F 1% F
Dividend Return 1.66% 38% F 4% F
Total Return -92.07% 28% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain 268.25% 79% B- 99% N/A
Dividend Return 269.16% 79% B- 99% N/A
Total Return 0.90% 34% F 20% F
Risk Return Profile  
Volatility (Standard Deviation) 4,665.87% 21% F 1% F
Risk Adjusted Return 5.77% 66% D+ 30% 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:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.