QID:ARCA-ProShares UltraShort QQQ (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 32.76

Change

-0.03 (-0.09)%

Market Cap

USD 0.36B

Volume

2.50M

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: 2024-11-08 )

Largest Industry Peers for Trading--Inverse Equity

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

-0.04 (-0.10%)

USD 0.95B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+1.48 (+7.68%)

USD 0.66B
PSQ ProShares Short QQQ 0.95 %

+0.03 (+0.08%)

USD 0.61B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-0.05 (-0.23%)

USD 0.51B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.93 (-1.99%)

USD 0.29B
YANG Direxion Daily FTSE China Bear.. 1.02 %

+0.17 (+0.24%)

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

N/A

USD 0.14B
RWM ProShares Short Russell2000 0.95 %

-0.26 (-1.48%)

USD 0.14B
DOG ProShares Short Dow30 0.95 %

-0.18 (-0.69%)

USD 0.13B
DUST Direxion Daily Gold Miners Ind.. 1.04 %

+6.30 (+11.48%)

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 98,704.90% 82% B 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 98,704.90% 82% B 100% F
Trailing 12 Months  
Capital Gain 83,232.27% 85% B 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 83,232.27% 85% B 100% F
Trailing 5 Years  
Capital Gain 9,827.27% 87% B+ 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 9,827.27% 87% B+ 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 2,377.09% 84% B 99% N/A
Dividend Return 2,378.08% 84% B 99% N/A
Total Return 0.99% 45% F 23% F
Risk Return Profile  
Volatility (Standard Deviation) 13,860.00% 18% F 1% F
Risk Adjusted Return 17.16% 76% C+ 35% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.