QID:ARCA-ProShares UltraShort QQQ (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 43.34

Change

0.00 (0.00)%

Market Cap

USD 0.36B

Volume

9.95M

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: 2024-09-08 )

Largest Industry Peers for Trading--Inverse Equity

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

N/A

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

N/A

USD 0.94B
PSQ ProShares Short QQQ 0.95 %

N/A

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

N/A

USD 0.52B
SDOW ProShares UltraPro Short Dow30 0.95 %

N/A

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

N/A

USD 0.18B
DOG ProShares Short Dow30 0.95 %

N/A

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

N/A

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

N/A

USD 0.13B
TECS Direxion Daily Technology Bear.. 0.96 %

N/A

USD 0.12B

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 -18.30% 36% F 12% F
Dividend Return 2.96% 100% F 61% D-
Total Return -15.35% 40% F 13% F
Trailing 12 Months  
Capital Gain -33.93% 36% F 7% C-
Dividend Return 5.30% 94% A 70% C-
Total Return -28.63% 38% F 8% B-
Trailing 5 Years  
Capital Gain -92.71% 28% F 2% F
Dividend Return 1.71% 36% F 4% F
Total Return -91.00% 28% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain 401.19% 80% B- 99% N/A
Dividend Return 402.13% 80% B- 99% N/A
Total Return 0.93% 38% F 21% F
Risk Return Profile  
Volatility (Standard Deviation) 5,875.03% 21% F 1% F
Risk Adjusted Return 6.84% 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.