QID:ARCA-ProShares UltraShort QQQ (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 8.92

Change

-0.06 (-0.67)%

Market Cap

USD 0.36B

Volume

0.02B

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: 2024-03-27 )

Largest Industry Peers for Trading--Inverse Equity

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

-0.11 (-0.89%)

USD 1.04B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-1.02 (-2.79%)

USD 0.67B
SOXS Direxion Daily Semiconductor B.. 0.97 %

-2.34 (-6.25%)

USD 0.65B
SDS ProShares UltraShort S&P500 0.89 %

-0.51 (-1.89%)

USD 0.60B
PSQ ProShares Short QQQ 0.95 %

-0.72 (-1.56%)

USD 0.58B
SPXS Direxion Daily S&P 500® Bear .. 0.95 %

-0.27 (-2.73%)

USD 0.53B
TZA Direxion Daily Small Cap Bear .. 0.95 %

-0.59 (-2.87%)

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.21 (-1.16%)

USD 0.37B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.12 (-0.94%)

USD 0.21B
RWM ProShares Short Russell2000 0.95 %

-0.21 (-0.97%)

USD 0.21B

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 -15.93% 32% F 7% C-
Dividend Return 1.49% 92% A 71% C-
Total Return -14.44% 38% F 8% B-
Trailing 12 Months  
Capital Gain -51.78% 20% F 4% F
Dividend Return 3.63% 55% F 53% F
Total Return -48.15% 21% F 4% F
Trailing 5 Years  
Capital Gain -93.52% 27% F 2% F
Dividend Return 1.96% 45% F 6% D-
Total Return -91.55% 27% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain 27.64% 70% C- 90% A-
Dividend Return 28.21% 70% C- 89% A-
Total Return 0.57% 32% F 15% F
Risk Return Profile  
Volatility (Standard Deviation) 959.22% 29% F 2% F
Risk Adjusted Return 2.94% 63% D 30% F
Market Capitalization 0.36B 86% B+ 37% 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.