UltraShort QQQ®



Overview | Current Quote and Chart | Daily Holdings | Index

Objective

UltraShort QQQ ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index® .

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as of 7/3/08

Fund Snapshot

 

Ticker QID
Ticker (IIV) EJM
Cusip 74347R875
Inception Date 7/11/06
Expense Ratio 0.95%
 
 

Price Information

 

NAV $46.00
NAV Change $0.00
Market Price Closing $46.22
Market Price Closing Change $0.44
Daily Trading Volume 33,841,610
 
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The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance. See the prospectus for more information.

ProShares are designed to meet daily objectives; results over longer periods may differ. There is no guarantee that any ProShares ETF will achieve its investment objective.

Shares of ProShares Funds are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Short ProShares should lose value when their market indexes rise—a result that is opposite from traditional ETFs—and they entail certain risks, including, in some or all cases aggressive investment technique, correlation, and market price variance, all of which can increase volatility and decrease performance. ProShares are non-diversified and may be more susceptible to single issuer risk than a more diversified fund. Further, an investment in this Fund carries additional risks to the extent that the NASDAQ-100 is currently concentrated in the technology sector. Please see the prospectus for a more complete description of these risks.

NASDAQ®, NASDAQ-100®,  NASDAQ-100 Index®, and QQQ® are trademarks of The Nasdaq Stock Market, Inc., and have been licensed for use by ProShares. ProShares have not been passed on by this entity or its affiliates as to their legality or suitability. ProShares are not sponsored, endorsed, sold or promoted by this entity or its affiliates, and they make no representation regarding the advisability of investing in these products. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PROSHARES.

Quote data provided by ComStock, a division of Interactive Data Corp, and subject to terms of use.

Carefully consider the investment objectives, risks, and charges and expenses of ProShares before investing. This and other information can be found in their prospectuses. Read the prospectus carefully before investing. For a ProShares prospectus, please download it now and seek advice from your financial advisor or broker dealer representative. Financial professionals can call ProShares at 866-PRO-5125.