UltraShort QQQ
ProShares UltraShort QQQ 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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Index/Benchmark Summary
The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies selected for inclusion are non-financial companies currently not in bankruptcy proceedings with appropriate trading volumes and adjusted market capitalization. It is not possible to invest directly in an index.
As of 12/31/09
Fundamentals
| Total Number of Companies |
Price/Earnings Ratio |
Price/Book Ratio |
Dividend Yield 1 (%) |
Average Index Market Capitalization |
|---|---|---|---|---|
| 100 | 26.54 | 3.77 | 0.66 | $24.34 billion |
1 = Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.
| Top 10 Index Companies 2 | Weight |
|---|---|
| Apple Inc. | 15.50% |
| Qualcomm Inc. | 5.45% |
| Microsoft Corp. | 5.45% |
| Google Inc.-Class A | 5.36% |
| Oracle Corp. | 3.00% |
| Cisco Systems Inc. | 2.88% |
| Teva Pharmaceutical-Sp ADR | 2.43% |
| Intel Corp. | 2.31% |
| Amazon.com Inc. | 2.26% |
| Research In Motion | 2.25% |
2 = ProShares may invest in equity securities and/or financial instruments (including derivatives) that in combination, should have similar daily price return characteristics to the fund's benchmark.
| Index Sector Weightings 3 | Weight |
|---|---|
| Technology | 43.90% |
| Communications | 27.18% |
| Consumer, Non-Cyclical | 17.25% |
| Consumer, Cyclical | 7.66% |
| Industrial | 3.07% |
| Energy | 0.59% |
| Basic Materials | 0.35% |
3 = Sum of weightings may not equal 100% due to rounding.