QID
UltraShort QQQ
Investment Objective
ProShares UltraShort QQQ 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®.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Daily Return during Q3 2023
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| QID Market Price | 3.50% | -14.67% | -39.10% | -50.34% | -42.05% | -28.13% | -37.60% | -36.89% | -34.33% | 07/11/2006 |
| QID NAV | 3.38% | -14.73% | -39.10% | -50.35% | -42.06% | -28.08% | -37.60% | -36.90% | -34.33% | 07/11/2006 |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| QID Market Price | -11.31% | -24.03% | -48.38% | -48.38% | -48.68% | -35.79% | -39.22% | -37.43% | -34.46% | 07/11/2006 |
| QID NAV | -11.51% | -24.11% | -48.47% | -48.47% | -48.81% | -35.80% | -39.24% | -37.44% | -34.47% | 07/11/2006 |
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 QID
- Intraday Ticker QID.IV
- CUSIP 74347G739
- Inception Date 7/11/06
- Gross Expense Ratio 1.02%
- Net Expense Ratio 0.95%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 9/29/2023- NAV $14.00
- NAV Change $-0.01
- Market Price $14.00
- Market Price Change $-0.02
- Trading Volume (M) 19,182,091
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
Snapshot
- Ticker QID
- Intraday Ticker QID.IV
- CUSIP 74347G739
- Inception Date 7/11/06
- Expense Ratio 0.95%*
- Gross Expense Ratio 1.02%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 9/29/2023- NAV $14.00
- NAV Change $-0.01
- Market Price $14.00
- Market Price Change $-0.02
- Trading Volume (M) 19,182,091
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
The expense ratio above has a contractual waiver ending 9/30/23.
Exposures
Index as of 6/30/2023
Holdings
as of 9/29/2023
| Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| -- | -- | TREASURY BILL | -- | $24,886,225.75 | 25,000,000 | BQHN616 |
| -- | -- | TREASURY BILL | -- | $24,996,349.75 | 25,000,000 | BQRGZD0 |
| -- | -- | TREASURY BILL | -- | $24,654,027.75 | 25,000,000 | BPXXGD5 |
| -- | -- | TREASURY BILL | -- | $24,763,933.25 | 25,000,000 | BRF3T16 |
| -- | -- | TREASURY BILL | -- | $24,525,432.25 | 25,000,000 | BRYQ9X8 |
| -- | -- | TREASURY BILL | -- | $24,860,402.75 | 25,000,000 | BR843D6 |
| -- | -- | TREASURY BILL | -- | $49,256,878.50 | 50,000,000 | BRBP3B4 |
| -- | -- | TREASURY BILL | -- | $49,926,771.00 | 50,000,000 | BN6QD36 |
| -- | -- | TREASURY BILL | -- | $24,395,961.75 | 25,000,000 | BP5JT54 |
| -- | -- | TREASURY BILL | -- | $49,684,577.00 | 50,000,000 | BM9HJ64 |
| -- | -- | TREASURY BILL | -- | $24,602,500.00 | 25,000,000 | BN2T7H1 |
| -- | -- | TREASURY BILL | -- | $73,106,175.00 | 75,000,000 | BPLMY74 |
| -- | -- | TREASURY BILL | -- | $34,741,875.00 | 35,000,000 | BR1W821 |
| -- | -- | TREASURY BILL | -- | $59,531,502.00 | 60,000,000 | BP489W9 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $-94,134,888.95 | -94,134,889 | -- |
| -- | -- | TREASURY BILL | -- | $24,551,184.00 | 25,000,000 | BLNM797 |
| -6.16% | -- | NASDAQ 100 E-MINI EQUITY INDEX 15/DEC/2023 NQZ3 INDEX | -27,354,360 | -- | -92 | -- |
| -15.59% | -- | NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL | -69,279,350 | -- | -4,708 | -- |
| -17.98% | -- | NASDAQ 100 INDEX SWAP BNP PARIBAS | -79,889,038 | -- | -5,429 | -- |
| -18.49% | -- | NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | -82,169,900 | -- | -5,584 | -- |
| -20.60% | -- | NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL CITIBANK NA | -91,528,793 | -- | -6,220 | -- |
| -21.88% | -- | NASDAQ 100 INDEX SWAP UBS AG | -97,205,035 | -- | -6,606 | -- |
| -22.07% | -- | NASDAQ 100 INDEX SWAP BANK OF AMERICA NA | -98,062,359 | -- | -6,664 | -- |
| -23.64% | -- | NASDAQ 100 INDEX SWAP CITIBANK NA | -105,037,383 | -- | -7,138 | -- |
| -24.58% | -- | NASDAQ 100 INDEX SWAP JP MORGAN SECURITIES | -109,216,511 | -- | -7,422 | -- |
| -29.02% | -- | NASDAQ 100 INDEX SWAP SOCIETE GENERALE | -128,964,363 | -- | -8,764 | -- |
Index
as of 6/30/2023
- Total Number of Companies101
- Price/Earnings Ratio35.951
- Price/Book Ratio7.595
- Dividend Yield ( % )0.73
- Avg. Index Market Capitalization$197.12 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
For
- 2023
- 2022
- 2020
- 2019
- 2018
- 2017
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|