Market Tracker

10/20 8:43am ET

ProShares UltraShort QQQ (QID)

Friday’s Trading Day
49.64 -1.38 / -2.70%
Data as of Oct 17
Day’s Change
Monday’s Pre-Market   Switch to standard view »
49.59 -0.05 / -0.10%
 
Volume: 24.8K

Investment Objective

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.

No recent news for ProShares UltraShort QQQ.

Performance

1 month+12.72% 3 years-34.95%
3 months+1.06% 5 years-35.55%
1 year-31.16% Since inception-31.51%
Data through 10/18/2014

Quote Details

Previous close$51.02
Open day’s range-- – --
Net asset value (NAV)49.62 (10/17/2014)
Daily volume7,182,798
Average volume (3 months)3,344,684
Data as of 10/17/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 QIDCategory
Performance 5-yr return-35.55%-31.30%
Expense Gross exp ratio1.02%0.96%
Risk 5 year sharpe ratio-1.49-1.08
Net assets$383.4M$134.7M
Average market cap$95.5B$64.8B
Average P/E22.518.6
Dividend / Share--0.38%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.