QB

Nasdaq-100 Dynamic Buffer ETF

QB aims to provide upside participation in the Nasdaq-100, with downside mitigation and lower volatility. The strategy involves a daily cap and a daily target buffer that are adjusted based on expected market volatility.

Performance
About the Fund
Exposures
Holdings
Index
Distributions
View fund details
Documents & Downloads
Prospectus & Regulatory
Statutory Prospectus
This links to a pdf file This link opens a new window
Summary Prospectus
This links to a pdf file This link opens a new window
SAI
This links to a pdf file This link opens a new window
Annual Report
This links to a pdf file This link opens a new window
Semi-Annual Report
This links to a pdf file This link opens a new window
Semi-Annual Financial Statement
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window

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

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

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

Month-End Total Returns as of 6/30/2026
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
QB NAV 0.53% 8.86% 11.27% 11.27% 17.43% -- -- -- 17.94% 06/24/2025
QB Market Price 0.53% 8.89% 11.31% 11.31% 17.33% -- -- -- 17.98% 06/24/2025
Nasdaq-100 Dynamic Buffer Index 0.48% 8.61% 11.00% 11.00% 17.15% 10.79% -- -- 17.70% --

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
    QB
  • Intraday Ticker
    QB.IV
  • CUSIP
    74349Y597
  • Inception Date
    6/24/25
  • Net Assets
    $2,834,141
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 7/28/2026
  • NAV
    $47.23
  • NAV Change
    $-0.19 down caret
  • Market Price
    $47.24
  • Market Price Change
    $-0.18 down caret
  • Trading Volume (M)
    11
  • 30-Day Median Bid Ask Spread
    0.27%
  • View Premium / Discount
Snapshot
  • Ticker
    QB
  • Intraday Ticker
    QB.IV
  • CUSIP
    74349Y597
  • Inception Date
    6/24/25
  • Net Assets
    $2,834,141
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 7/28/2026
  • NAV
    $47.23
  • NAV Change
    $-0.19 down caret
  • Market Price
    $47.24
  • Market Price Change
    $-0.18 down caret
  • Trading Volume (M)
    11
  • 30-Day Median Bid Ask Spread
    0.27%
  • View Premium / Discount

Exposures

Index as of 6/16/2025

Holdings

as of 7/28/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
100.52% -- NASDAQ-100 DYNAMIC BUFFER OPTION ONLY INDEX SWAP GOLDMAN SACHS INTERNATIONAL 2,848,787 -- 4,512 --
8.41% AAPL APPLE INC -- $238,396.08 701 2046251
8.03% NVDA NVIDIA CORP -- $227,546.55 1,155 2379504
4.91% MSFT MICROSOFT CORP -- $139,245.90 354 2588173
4.31% MU MICRON TECHNOLOGY INC -- $122,258.97 149 2588184
4.18% AMZN AMAZON.COM INC -- $118,431.18 513 2000019
3.45% AMD ADVANCED MICRO DEVICES -- $97,743.30 215 2007849
3.27% GOOGL ALPHABET INC-CL A -- $92,771.38 278 BYVY8G0
3.05% GOOG ALPHABET INC-CL C -- $86,476.00 260 BYY88Y7
3.04% AVGO BROADCOM INC -- $86,085.66 226 BDZ78H9
2.95% META META PLATFORMS INC-CLASS A -- $83,670.81 141 B7TL820
2.58% TSLA TESLA INC -- $73,170.72 238 B616C79
2.57% WMT WALMART INC -- $72,723.30 643 2936921
2.12% CSCO CISCO SYSTEMS INC -- $59,986.02 519 2198163
2.02% INTC INTEL CORP -- $57,130.60 662 2463247
1.98% COST COSTCO WHOLESALE CORP -- $56,061.64 58 2701271
1.77% AMAT APPLIED MATERIALS INC -- $50,028.30 105 2046552
1.57% LRCX LAM RESEARCH CORP -- $44,485.65 165 BSML4N7
1.42% NFLX NETFLIX INC -- $40,176.45 555 2857817
1.32% PLTR PALANTIR TECHNOLOGIES INC-A -- $37,306.06 302 BN78DQ4
1.22% PANW PALO ALTO NETWORKS INC -- $34,452.00 108 B87ZMX0
1.17% TXN TEXAS INSTRUMENTS INC -- $33,248.40 120 2885409
1.16% KLAC KLA CORP -- $32,817.60 172 2480138
1.10% LIN LINDE PLC -- $31,181.98 61 BNZHB81
1.04% SPCX SPACE EXPLORATION TECHN-CL A -- $29,451.73 253 BXCVG25
0.98% AMGN AMGEN INC -- $27,910.10 71 2023607
0.92% TMUS T-MOBILE US INC -- $26,081.77 143 B94Q9V0
0.91% PEP PEPSICO INC -- $25,714.80 180 2681511
0.86% CRWD CROWDSTRIKE HOLDINGS INC - A -- $24,361.20 134 BJJP138
0.83% ADI ANALOG DEVICES INC -- $23,413.12 64 2032067
0.80% QCOM QUALCOMM INC -- $22,640.32 139 2714923
0.79% STX SEAGATE TECHNOLOGY HOLDINGS -- $22,419.00 30 BKVD2N4
0.78% GILD GILEAD SCIENCES INC -- $22,028.48 164 2369174
0.77% SNDK SANDISK CORP -- $21,922.00 20 BSNPZV3
0.74% SHOP SHOPIFY INC - CLASS A -- $20,975.08 161 BXDZ9Z0
0.74% WDC WESTERN DIGITAL CORP -- $20,857.95 45 2954699
0.72% BKNG BOOKING HOLDINGS INC -- $20,329.62 102 BDRXDB4
0.71% MRVL MARVELL TECHNOLOGY INC -- $20,064.05 115 BNKJSM5
0.67% ASML ASML HOLDING NV-NY REG SHS -- $18,995.40 12 B908F01
0.60% ISRG INTUITIVE SURGICAL INC -- $17,004.60 47 2871301
0.59% APP APPLOVIN CORP-CLASS A -- $16,728.80 40 BMV3LG4
0.57% VRTX VERTEX PHARMACEUTICALS INC -- $16,182.87 33 2931034
0.55% SBUX STARBUCKS CORP -- $15,465.00 150 2842255
0.51% FTNT FORTINET INC -- $14,548.06 97 B5B2106
0.49% ADP AUTOMATIC DATA PROCESSING -- $14,001.01 53 2065308
0.48% ARM ARM HOLDINGS PLC-ADR -- $13,705.44 56 BNSP5P7
0.47% MAR MARRIOTT INTERNATIONAL -CL A -- $13,423.20 35 2210614
0.47% ADBE ADOBE INC -- $13,206.54 53 2008154
0.46% MELI MERCADOLIBRE INC -- $13,037.64 07 B23X1H3
0.44% MNST MONSTER BEVERAGE CORP -- $12,608.46 129 BZ07BW4
0.44% CEG CONSTELLATION ENERGY -- $12,471.36 48 BMH4FS1
0.44% CSX CSX CORP -- $12,455.80 245 2160753
0.44% CDNS CADENCE DESIGN SYS INC -- $12,409.92 36 2302232
0.40% CTAS CINTAS CORP -- $11,389.70 53 2197137
0.40% CMCSA COMCAST CORP-CLASS A -- $11,345.11 469 2044545
0.40% INTU INTUIT INC -- $11,267.64 36 2459020
0.39% DDOG DATADOG INC - CLASS A -- $11,038.72 44 BKT9Y49
0.37% MDLZ MONDELEZ INTERNATIONAL INC-A -- $10,559.12 169 B8CKK03
0.37% DASH DOORDASH INC - A -- $10,558.08 54 BN13P03
0.37% ROST ROSS STORES INC -- $10,543.26 42 2746711
0.37% HON HONEYWELL INTERNATIONAL INC -- $10,376.10 42 BN7RHC5
0.35% ORLY O'REILLY AUTOMOTIVE INC -- $9,937.53 109 B65LWX6
0.34% REGN REGENERON PHARMACEUTICALS -- $9,732.52 14 2730190
0.34% SNPS SYNOPSYS INC -- $9,595.50 25 2867719
0.34% AEP AMERICAN ELECTRIC POWER -- $9,577.44 72 2026242
0.34% PCAR PACCAR INC -- $9,536.49 69 2665861
0.32% HONA HONEYWELL AEROSPACE INC -- $9,067.80 42 BN7RHB4
0.30% NXPI NXP SEMICONDUCTORS NV -- $8,550.96 33 B505PN7
0.30% WBD WARNER BROS DISCOVERY INC -- $8,451.30 330 BM8JYX3
0.30% ABNB AIRBNB INC-CLASS A -- $8,421.05 55 BMGYYH4
0.27% MPWR MONOLITHIC POWER SYSTEMS INC -- $7,692.06 06 B01Z7J1
0.27% BKR BAKER HUGHES CO -- $7,658.26 131 BDHLTQ5
0.27% PDD PDD HOLDINGS INC -- $7,542.48 88 BYVW0F7
0.26% FAST FASTENAL CO -- $7,263.10 151 2332262
0.25% FANG DIAMONDBACK ENERGY INC -- $7,041.29 37 B7Y8YR3
0.24% EA ELECTRONIC ARTS INC -- $6,892.71 33 2310194
0.24% PYPL PAYPAL HOLDINGS INC -- $6,765.12 116 BYW36M8
0.24% TER TERADYNE INC -- $6,733.65 21 2884183
0.23% ADSK AUTODESK INC -- $6,646.64 28 2065159
0.23% XEL XCEL ENERGY INC -- $6,587.06 82 2614807
0.23% CCEP COCA-COLA EUROPACIFIC PARTNE -- $6,575.55 59 BYQQ3P5
0.23% LITE LUMENTUM HOLDINGS INC -- $6,519.30 10 BYM9ZP2
0.23% EXC EXELON CORP -- $6,386.85 135 2670519
0.22% ODFL OLD DOMINION FREIGHT LINE -- $6,109.56 27 2656423
0.21% AXON AXON ENTERPRISE INC -- $6,024.15 11 BDT5S35
0.21% ALAB ASTERA LABS INC -- $5,985.29 23 BMTQ7V2
0.21% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $5,942.88 24 2122117
0.21% FER FERROVIAL NV -- $5,868.15 95 BRS7CF0
0.20% IDXX IDEXX LABORATORIES INC -- $5,695.40 10 2459202
0.20% PAYX PAYCHEX INC -- $5,586.89 47 2674458
0.20% KDP KEURIG DR PEPPER INC -- $5,563.32 179 BD3W133
0.19% MCHP MICROCHIP TECHNOLOGY INC -- $5,375.41 71 2592174
0.18% ALNY ALNYLAM PHARMACEUTICALS INC -- $5,191.38 18 B00FWN1
0.18% TRI THOMSON REUTERS CORP -- $5,164.50 50 BVWN8M1
0.18% ROP ROPER TECHNOLOGIES INC -- $5,081.96 13 2749602
0.17% NBIS NEBIUS GROUP NV -- $4,921.01 29 B5BSZB3
0.17% RKLB ROCKET LAB CORP -- $4,855.64 76 BT6C8Z3
0.15% KHC KRAFT HEINZ CO/THE -- $4,258.80 156 BYRY499
0.15% MSTR STRATEGY INC -- $4,231.04 44 2974329
0.15% WDAY WORKDAY INC-CLASS A -- $4,151.94 26 B8K6ZD1
0.14% CRWV COREWEAVE INC-CL A -- $3,970.70 59 BTTRKN7
0.14% GEHC GE HEALTHCARE TECHNOLOGY -- $3,846.60 60 BL6JPG8
0.13% DXCM DEXCOM INC -- $3,817.35 51 B0796X4
0.13% CPRT COPART INC -- $3,744.18 122 2208073
-- -- NET OTHER ASSETS (LIABILITIES) -- $8,671.59 8,672 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

Options Position
as of 7/28/2026
  • TypeNasdaq-100 Index
  • Expiration Date7/29/2026
  • Strike Price - Short Call28,250
  • Strike Price - Long Put27,950
  • Strike Price - Short Put27,225
  • FIGI - Short CallBBG023NNJD51
  • FIGI - Long PutBBG023NNJNT3
  • FIGI - Short PutBBG023YLLJV8
Characteristics
as of 6/16/2025
  • Total Number of Companies101
  • Price/Earnings Ratio7.92
  • Price/Book Ratio32.71
  • Dividend Yield ( % )0.99
  • Avg. Index Market Capitalization$299.14 billion
About the Index

The index measures the performance of a long position in the Nasdaq 100 Index along with three Nasdaq Weeklys Index options, consisting of a short call, a long put, and a short put, one day from the maturity date.

Distributions

For

2026
  • 2026
  • 2025
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
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. 

Each ProShares Dynamic Buffer ETF’s Index employs a Dynamic Buffer Strategy that combines long exposure to an underlying broad-based index with both long and short options on the underlying index having one day to expiration. This combination targets upside participation up to a daily cap, less the cost of implementing the strategy, on days the underlying index rises. On days the underlying index falls, the strategy seeks to mitigate losses through a daily buffer designed to protect against the first 1% to as much as the first 5% of any loss that day, less the cost of implementing the strategy. Both the daily cap and the daily buffer are adjusted based on expected market volatility. When expected market volatility is higher, the daily cap and the daily buffer are designed to be higher.  

There can be no guarantee that the ETF’s Dynamic Buffer Strategy will provide protection against downside losses or provide upside participation in the underlying index on a daily basis or over longer periods of time. The cost of implementing the strategy and the impact of market movements after the strike prices of the options underlying the strategy have been determined may substantially impact the protection provided by the buffer and the level of the cap. The ETF’s daily buffer and daily cap are determined for each business day based on a measure of expected volatility the prior business day at 2:40 p.m., prior to the close of equity markets. As a result, market movements between this time and the equity market close will impact, and may even eliminate, the level of downside protection or upside participation provided by the ETF on the next business day. Shares traded after the daily cap or daily buffer have been reached should not expect to benefit from such cap or buffer that day. The ETF may underperform its underlying broad-based index over short or long periods of time, potentially significantly. 

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

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. 

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. 

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 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.

Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®, NDX®, and Nasdaq-100 Dynamic Buffer™ Index, NDXDBI™ are registered trademarks of Nasdaq, Inc. (which with its affiliates and third party licensors is referred to as the “Corporations”) and are licensed for use by ProShare Advisors LLC. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

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

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.