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
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Summary Prospectus
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SAI
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Annual Report
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Semi-Annual Report
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Semi-Annual Financial Statement
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NAV History
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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 8/31/2026
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
QB NAV 1.66% 4.34% 13.14% 15.49% 20.46% -- -- -- 18.86% 06/24/2025
QB Market Price 1.44% 4.30% 13.10% 15.48% 20.75% -- -- -- 18.85% 06/24/2025
Nasdaq-100 Dynamic Buffer Index 1.64% 4.26% 12.88% 15.18% 19.95% 11.70% -- -- 18.62% --

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
    $3,412,261
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 9/11/2026
  • NAV
    $48.75
  • NAV Change
    $+0.12 up caret
  • Market Price
    $48.75
  • Market Price Change
    $+0.12 up caret
  • Trading Volume (M)
    1,581
  • 30-Day Median Bid Ask Spread
    0.29%
  • View Premium / Discount
Snapshot
  • Ticker
    QB
  • Intraday Ticker
    QB.IV
  • CUSIP
    74349Y597
  • Inception Date
    6/24/25
  • Net Assets
    $3,412,261
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 9/11/2026
  • NAV
    $48.75
  • NAV Change
    $+0.12 up caret
  • Market Price
    $48.75
  • Market Price Change
    $+0.12 up caret
  • Trading Volume (M)
    1,581
  • 30-Day Median Bid Ask Spread
    0.29%
  • View Premium / Discount

Exposures

Index as of 6/16/2025

Holdings

as of 9/11/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
100.19% -- NASDAQ-100 DYNAMIC BUFFER OPTION ONLY INDEX SWAP GOLDMAN SACHS INTERNATIONAL 3,418,812 -- 5,572 --
8.46% NVDA NVIDIA CORP -- $288,797.67 1,323 2379504
7.82% AAPL APPLE INC -- $266,812.81 803 2046251
5.90% MSFT MICROSOFT CORP -- $201,225.78 406 2588173
4.86% MU MICRON TECHNOLOGY INC -- $165,794.20 170 2588184
4.42% AMZN AMAZON.COM INC -- $150,986.64 588 2000019
3.72% AMD ADVANCED MICRO DEVICES -- $126,967.98 246 2007849
3.16% GOOGL ALPHABET INC-CL A -- $107,981.50 319 BYVY8G0
3.08% META META PLATFORMS INC-CLASS A -- $104,980.86 162 B7TL820
2.93% GOOG ALPHABET INC-CL C -- $99,964.10 298 BYY88Y7
2.92% TSLA TESLA INC -- $99,765.12 273 B616C79
2.75% AVGO BROADCOM INC -- $93,755.41 259 BDZ78H9
2.31% WMT WALMART INC -- $78,969.55 737 2936921
2.29% INTC INTEL CORP -- $78,131.46 759 2463247
1.96% CSCO CISCO SYSTEMS INC -- $66,717.35 595 2198163
1.78% COST COSTCO WHOLESALE CORP -- $60,619.59 67 2701271
1.70% PLTR PALANTIR TECHNOLOGIES INC-A -- $58,028.81 347 BN78DQ4
1.65% LRCX LAM RESEARCH CORP -- $56,363.58 189 BSML4N7
1.61% AMAT APPLIED MATERIALS INC -- $54,778.80 120 2046552
1.44% NFLX NETFLIX INC -- $49,226.40 636 2857817
1.28% SPCX SPACE EXPLORATION TECHN-CL A -- $43,699.69 289 BXCVG25
1.19% PANW PALO ALTO NETWORKS INC -- $40,669.95 123 B87ZMX0
1.08% TXN TEXAS INSTRUMENTS INC -- $36,811.90 137 2885409
1.05% SNDK SANDISK CORP -- $35,933.70 22 BSNPZV3
1.04% KLAC KLA CORP -- $35,586.08 197 2480138
0.96% LIN LINDE PLC -- $32,635.40 70 BNZHB81
0.93% CRWD CROWDSTRIKE HOLDINGS INC - A -- $31,837.96 154 BJJP138
0.91% MRVL MARVELL TECHNOLOGY INC -- $31,165.20 132 BNKJSM5
0.90% AMGN AMGEN INC -- $30,565.35 81 2023607
0.87% TMUS T-MOBILE US INC -- $29,719.79 163 B94Q9V0
0.85% QCOM QUALCOMM INC -- $28,933.23 159 2714923
0.83% STX SEAGATE TECHNOLOGY HOLDINGS -- $28,225.78 34 BKVD2N4
0.82% PEP PEPSICO INC -- $28,081.92 206 2681511
0.82% ADI ANALOG DEVICES INC -- $28,029.72 74 2032067
0.79% GILD GILEAD SCIENCES INC -- $26,875.64 187 2369174
0.70% ASML ASML HOLDING NV-NY REG SHS -- $23,776.20 14 B908F01
0.69% SHOP SHOPIFY INC - CLASS A -- $23,697.36 184 BXDZ9Z0
0.68% WDC WESTERN DIGITAL CORP -- $23,253.36 52 2954699
0.60% BKNG BOOKING HOLDINGS INC -- $20,348.64 117 BDRXDB4
0.57% VRTX VERTEX PHARMACEUTICALS INC -- $19,586.72 38 2931034
0.57% ISRG INTUITIVE SURGICAL INC -- $19,564.95 53 2871301
0.51% FTNT FORTINET INC -- $17,323.77 111 B5B2106
0.50% SBUX STARBUCKS CORP -- $16,983.28 172 2842255
0.50% ARM ARM HOLDINGS PLC-ADR -- $16,946.56 64 BNSP5P7
0.47% ADP AUTOMATIC DATA PROCESSING -- $16,095.60 60 2065308
0.46% CEG CONSTELLATION ENERGY -- $15,661.25 55 BMH4FS1
0.45% ADBE ADOBE INC -- $15,386.03 61 2008154
0.44% MELI MERCADOLIBRE INC -- $15,178.96 08 B23X1H3
0.44% APP APPLOVIN CORP-CLASS A -- $14,902.16 46 BMV3LG4
0.40% CSX CSX CORP -- $13,754.95 281 2160753
0.40% CMCSA COMCAST CORP-CLASS A -- $13,557.60 538 2044545
0.39% MAR MARRIOTT INTERNATIONAL -CL A -- $13,387.60 40 2210614
0.39% INTU INTUIT INC -- $13,184.37 41 2459020
0.38% MNST MONSTER BEVERAGE CORP -- $12,803.00 295 BZ07BW4
0.37% DASH DOORDASH INC - A -- $12,520.90 62 BN13P03
0.37% REGN REGENERON PHARMACEUTICALS -- $12,503.84 16 2730190
0.36% CDNS CADENCE DESIGN SYS INC -- $12,153.54 42 2302232
0.36% MDLZ MONDELEZ INTERNATIONAL INC-A -- $12,113.36 194 B8CKK03
0.35% CTAS CINTAS CORP -- $12,090.00 60 2197137
0.34% SNPS SYNOPSYS INC -- $11,524.02 29 2867719
0.33% ROST ROSS STORES INC -- $11,306.26 49 2746711
0.33% LITE LUMENTUM HOLDINGS INC -- $11,124.36 12 BYM9ZP2
0.32% DDOG DATADOG INC - CLASS A -- $11,060.50 50 BKT9Y49
0.31% ORLY O'REILLY AUTOMOTIVE INC -- $10,727.50 125 B65LWX6
0.31% ABNB AIRBNB INC-CLASS A -- $10,721.97 63 BMGYYH4
0.31% WBD WARNER BROS DISCOVERY INC -- $10,627.16 379 BM8JYX3
0.30% AEP AMERICAN ELECTRIC POWER -- $10,113.06 82 2026242
0.28% HON HONEYWELL INTERNATIONAL INC -- $9,713.28 48 BN7RHC5
0.28% PCAR PACCAR INC -- $9,695.67 79 2665861
0.27% TER TERADYNE INC -- $9,113.28 24 2884183
0.26% NXPI NXP SEMICONDUCTORS NV -- $8,991.56 38 B505PN7
0.26% BKR BAKER HUGHES CO -- $8,859.00 150 BDHLTQ5
0.25% MPWR MONOLITHIC POWER SYSTEMS INC -- $8,641.22 07 B01Z7J1
0.25% FANG DIAMONDBACK ENERGY INC -- $8,608.74 42 B7Y8YR3
0.25% FAST FASTENAL CO -- $8,532.36 173 2332262
0.23% PDD PDD HOLDINGS INC -- $7,858.81 101 BYVW0F7
0.22% HONA HONEYWELL AEROSPACE INC -- $7,596.48 48 BN7RHB4
0.22% ALAB ASTERA LABS INC -- $7,571.72 26 BMTQ7V2
0.22% NBIS NEBIUS GROUP NV -- $7,410.15 33 B5BSZB3
0.21% PYPL PAYPAL HOLDINGS INC -- $7,144.76 133 BYW36M8
0.21% XEL XCEL ENERGY INC -- $7,097.00 94 2614807
0.20% CCEP COCA-COLA EUROPACIFIC PARTNE -- $6,885.59 67 BYQQ3P5
0.20% ADSK AUTODESK INC -- $6,796.80 32 2065159
0.19% EXC EXELON CORP -- $6,646.64 154 2670519
0.19% MSTR STRATEGY INC -- $6,548.50 50 2974329
0.19% KDP KEURIG DR PEPPER INC -- $6,434.95 205 BD3W133
0.18% PAYX PAYCHEX INC -- $6,253.20 54 2674458
0.18% FER FERROVIAL NV -- $6,120.35 109 BRS7CF0
0.18% MCHP MICROCHIP TECHNOLOGY INC -- $6,084.40 82 2592174
0.18% IDXX IDEXX LABORATORIES INC -- $6,056.40 12 2459202
0.18% CRWV COREWEAVE INC-CL A -- $6,051.32 68 BTTRKN7
0.18% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $6,033.16 28 2122117
0.17% ROP ROPER TECHNOLOGIES INC -- $5,827.80 15 2749602
0.17% AXON AXON ENTERPRISE INC -- $5,752.08 12 BDT5S35
0.17% TRI THOMSON REUTERS CORP -- $5,646.30 58 BVWN8M1
0.16% ODFL OLD DOMINION FREIGHT LINE -- $5,573.49 31 2656423
0.16% WDAY WORKDAY INC-CLASS A -- $5,571.00 30 B8K6ZD1
0.16% RKLB ROCKET LAB CORP -- $5,476.65 87 BT6C8Z3
0.15% ALNY ALNYLAM PHARMACEUTICALS INC -- $4,973.60 20 B00FWN1
0.14% DXCM DEXCOM INC -- $4,815.74 58 B0796X4
0.13% GEHC GE HEALTHCARE TECHNOLOGY -- $4,411.17 69 BL6JPG8
0.12% CPRT COPART INC -- $4,193.00 140 2208073
-- -- NET OTHER ASSETS (LIABILITIES) -- $569.49 569 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

Options Position
as of 9/11/2026
  • TypeNasdaq-100 Index
  • Expiration Date9/14/2026
  • Strike Price - Short Call29,780
  • Strike Price - Long Put29,550
  • Strike Price - Short Put28,990
  • FIGI - Short CallBBG024X4YFQ5
  • FIGI - Long PutBBG0248J1FR5
  • FIGI - Short PutBBG024X50GF9
Characteristics
as of 6/16/2025
  • Total Number of Holdings101
  • 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.

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