PSQ

Short QQQ

Investment Objective

ProShares Short QQQ seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Nasdaq-100 Index®.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q4 2022

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
PSQ Market Price -4.42% 12.02% 7.62% 31.67% 26.53% -18.62% -16.67% -17.77% -15.84% 06/19/2006
PSQ NAV -4.39% 11.93% 7.65% 31.52% 26.52% -18.62% -16.66% -17.77% -15.84% 06/19/2006

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. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. 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 above.

About the Fund

Snapshot
  • Ticker PSQ
  • Intraday Ticker PSQ.IV
  • CUSIP 74347B714
  • Inception Date 6/19/06
  • Expense Ratio 0.95%
  • Gross Expense Ratio 1.00%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 11/25/2022
  • NAV $13.75
  • NAV Change $+0.10 up caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker PSQ
  • Intraday Ticker PSQ.IV
  • CUSIP 74347B714
  • Inception Date 6/19/06
  • Expense Ratio 0.95%
  • Gross Expense Ratio 1.00%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 11/25/2022
  • NAV $13.75
  • NAV Change $+0.10 up caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/23.

Exposures

Index as of 9/30/2022

Holdings

as of 11/25/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
3.56% -- UNITED STATES OF AMERICA BILL ZERO CPN 21/MAR/2023 USD 100 -- $49,322,314.00 50,000,000 --
3.56% -- UNITED STATES OF AMERICA BILL ZERO CPN 30/MAR/2023 USD 100 -- $49,289,604.00 50,000,000 --
-- -- TREASURY BILL -- $49,985,510.50 50,000,000 BPLVD29
-- -- TREASURY BILL -- $73,847,062.50 75,000,000 BNM6TC1
-- -- TREASURY BILL -- $49,543,611.00 50,000,000 BJLVKF9
-- -- TREASURY BILL -- $98,737,600.00 100,000,000 BNHSXT7
-- -- TREASURY BILL -- $49,720,278.00 50,000,000 BP69WT8
-- -- TREASURY BILL -- $122,337,625.00 125,000,000 BMDPZJ9
-- -- TREASURY BILL -- $223,734,125.30 225,000,000 BNXG759
-- -- TREASURY BILL -- $98,655,139.00 100,000,000 BNBPV56
-- -- TREASURY BILL -- $99,358,703.00 100,000,000 BN95VN6
-- -- TREASURY BILL -- $74,759,994.75 75,000,000 BP948Q9
-- -- TREASURY BILL -- $39,865,752.80 40,000,000 BPP1JR2
-- -- NET OTHER ASSETS (LIABILITIES) -- $305,575,886.15 305,575,886 --
-4.20% -- NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC -58,133,568 -- -4,945 --
-5.59% -- NASDAQ 100 INDEX SWAP BNP PARIBAS -77,472,238 -- -6,590 --
-6.11% -- NASDAQ 100 E-MINI EQUITY INDEX 16/DEC/2022 NQZ2 INDEX -84,600,145 -- -359 --
-6.60% -- NASDAQ 100 INDEX SWAP BANK OF AMERICA NA -91,367,865 -- -7,772 --
-10.25% -- NASDAQ 100 INDEX SWAP JP MORGAN SECURITIES -142,001,086 -- -12,079 --
-11.91% -- NASDAQ 100 INDEX SWAP UBS AG -164,863,367 -- -14,024 --
-11.94% -- NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL -165,360,318 -- -14,066 --
-12.18% -- NASDAQ 100 INDEX SWAP SOCIETE GENERALE -168,593,226 -- -14,341 --
-13.02% -- NASDAQ 100 INDEX SWAP CITIBANK NA -180,325,744 -- -15,339 --
-18.20% -- NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL CITIBANK NA -251,978,747 -- -21,434 --

Index

as of 9/30/2022

  • Total Number of Companies102
  • Price/Earnings Ratio21.477
  • Price/Book Ratio5.852
  • Dividend Yield ( % )1.00
  • Avg. Index Market Capitalization$145.70 billion
About the Index

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. 

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.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series Research & Insights

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Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

This short ProShares ETF seeks a return that is -1x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

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. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. 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 above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Short ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short ProShares ETFs should lose money when their benchmarks rise. Please see their summary and full prospectuses for a more complete description of risks.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

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

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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