Market Tracker

08/18 5:16pm ET

ProShares UltraShort QQQ (QID)

16.50
Delayed Data
As of Aug 18
 +0.05 / +0.30%
Today’s Change
15.47
Today|||52-Week Range
26.68
-31.05%
Year-to-Date

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.

Truth Is, Intrinsic Value, not Price, Is Truth in Investing
Aug 18 / TheStreet.com - Paid Partner Content
Approaching Maximum Shorts
Aug 17 / TheStreet.com - Paid Partner Content
Should Investors and Traders Be Reactionary or Anticipatory?
Aug 18 / TheStreet.com - Paid Partner Content
 

Performance

1 month+0.98% 3 years-29.07%
3 months-8.50% 5 years-31.95%
1 year-34.53% Since inception-31.70%
Data through 08/18/2017

Quote Details

Previous close$16.45
Open day’s range16.26 – 16.62
Net asset value (NAV)16.46 (08/17/2017)
Daily volume4,155,279
Average volume (3 months)2,603,087
Data as of 7:59pm ET, 08/18/2017

Peer Comparisonvs. Trading--inverse equity ETFs

 QIDCategory
Performance 5-yr return-31.95%-29.79%
Expense Gross exp ratio1.02%1.92%
Risk 5 year sharpe ratio-1.64--
Net assets$311.7M$3.8M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

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