Proshares Ultrashort Qqq Etf Profile

QID Etf  USD 37.29  0.53  1.40%   

Performance

Modest

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
ProShares UltraShort is trading at 37.29 as of the 15th of April 2025, a 1.4% down since the beginning of the trading day. The etf's lowest day price was 36.04. ProShares UltraShort has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 15th of January 2025 and ending today, the 15th of April 2025. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort QQQ is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort QQQ

Moving together with ProShares Etf

  0.99SH ProShares Short SP500PairCorr
  1.0PSQ ProShares Short QQQPairCorr
  0.99SPXU ProShares UltraPro ShortPairCorr
  0.99SDS ProShares UltraShortPairCorr
  0.99SPXS Direxion Daily SPPairCorr

Moving against ProShares Etf

  0.98SIXD AIM ETF ProductsPairCorr
  0.88CEFD ETRACS Monthly PayPairCorr
  0.85HD Home DepotPairCorr
  0.77PFFL ETRACS 2xMonthly PayPairCorr

ProShares Etf Highlights

ChairmanMichael Sapir
Thematic Ideas
(View all Themes)
Business ConcentrationSize And Style ETFs, Large Cap ETFs, Trading--Inverse Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2006-07-11
BenchmarkNASDAQ-100 Index
Entity TypeRegulated Investment Company
Asset Under Management267.94 Million
Average Trading Valume9.16 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents55.0
Market MakerVirtu Financial
Total Expense1.01
Management Fee0.75
Country NameUSA
Returns Y T D16.89
NameProShares UltraShort QQQ
Currency CodeUSD
Open FigiBBG000PT7GJ5
In Threey Volatility42.83
1y Volatility28.98
200 Day M A35.7807
50 Day M A35.118
CodeQID
Updated At14th of April 2025
Currency NameUS Dollar
ProShares UltraShort QQQ [QID] is traded in USA and was established 2006-07-11. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Size And Style ETFs. ProShares UltraShort QQQ at this time have 650.14 M in assets. , while the total return for the last 3 years was -24.0%.
Check ProShares UltraShort Probability Of Bankruptcy

ProShares UltraShort Top Holders

EGIFExemplar Growth andEtfTactical Balanced
More Details

ProShares UltraShort QQQ Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares UltraShort Against Markets

When determining whether ProShares UltraShort QQQ is a strong investment it is important to analyze ProShares UltraShort's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares UltraShort's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of ProShares UltraShort QQQ is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.