QID - ProShares UltraShort QQQ
| Assets | $188.15M |
| NAV | $22.68 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Beta (5Y) | -1.70 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Mar 25, 2020 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $22.62 |
| Previous Close | $22.67 |
| Change ($) | -0.05 |
| Change (%) | -0.22% |
| Day's Open | 22.61 |
| Day's Range | 22.60 - 22.88 |
| Day's Volume | 4,840,344 |
| 52-Week Range | 22.60 - 77.92 |
Fund Description
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 financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
| Asset Class Equity | Sector Large Cap |
| Region North America | Inception Date Jul 11, 2006 |
| Exchange NYSEARCA | Ticker Symbol QID |
| Index Tracked NASDAQ-100 Index | |
Top 10 Holdings
188.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 60.51% |
| Nasdaq 100 Index Swap Goldman Sachs International - Cash Offset | 603698.SS | 21.14% |
| Nasdaq 100 Index Swap Ubs Ag - Cash Offset | 603698.SS | 19.62% |
| Nasdaq 100 Index Swap Bank Of America Na - Cash Offset | 603698.SS | 17.57% |
| Nasdaq 100 Index Swap Societe Generale - Cash Offset | 603698.SS | 16.32% |
| Nasdaq 100 Index Swap Credit Suisse International - Cash Offset | 603698.SS | 16.14% |
| United States Treasury Bills | B 0 03/04/21 | 11.62% |
| Nasdaq 100 Index Swap Citibank Na - Cash Offset | 603698.SS | 11.13% |
| Nasdaq 100 03/19/2021 (Nqh1) - Cash Offset | 603698.SS | 8.64% |
| United States Treasury Bills | B 0 02/18/21 | 5.81% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2020 | $0.262 | Apr 1, 2020 |
| Dec 24, 2019 | $0.105 | Jan 2, 2020 |
| Sep 25, 2019 | $0.165 | Oct 2, 2019 |
| Jun 25, 2019 | $0.207 | Jul 2, 2019 |
| Mar 20, 2019 | $0.119 | Mar 27, 2019 |
| Dec 26, 2018 | $0.246 | Jan 3, 2019 |
Bearish investors may want to go near-term short on the Nasdaq- 100 Index.
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The prolonged pain in the tech space wreaked havoc on the tech-heavy Nasdaq. So, investors can consider shorting the index with a short-term view.