QQQA
Nasdaq-100 Dorsey Wright Momentum ETF
Why Invest in QQQA?
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QQQA is the only ETF providing investors access to a strategy identifying the top-performing companies in the bellwether Nasdaq-100 index.
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Dorsey Wright, a recognized leader in momentum investing, selects the 21 leading Nasdaq-100 stocks based on a proprietary “Relative Strength” signal.
Why Invest in QQQA?
-
QQQA is the only ETF providing investors access to a strategy identifying the top-performing companies in the bellwether Nasdaq-100 index.
-
Dorsey Wright, a recognized leader in momentum investing, selects the 21 leading Nasdaq-100 stocks based on a proprietary “Relative Strength” signal.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| QQQA Market Price | -1.39% | -3.35% | 1.42% | 1.22% | -10.80% | -- | -- | -- | -10.74% | 05/18/2021 |
| QQQA NAV | -1.24% | -3.23% | 1.59% | 1.31% | -10.52% | -- | -- | -- | -10.70% | 05/18/2021 |
| Nasdaq-100 Dorsey Wright Momentum Index | -1.19% | -3.10% | 1.90% | 1.52% | -9.98% | -- | -- | -- | -10.13% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| QQQA Market Price | 3.27% | 2.65% | 7.73% | 2.65% | -21.60% | -- | -- | -- | -10.51% | 05/18/2021 |
| QQQA NAV | 3.33% | 2.58% | 7.67% | 2.58% | -20.88% | -- | -- | -- | -10.54% | 05/18/2021 |
| Nasdaq-100 Dorsey Wright Momentum Index | 3.39% | 2.74% | 8.01% | 2.74% | -20.41% | -- | -- | -- | -9.98% | -- |
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 QQQA
- Intraday Ticker QQQA.IV
- CUSIP 74347G671
- Inception Date 5/18/21
- Unitary Expense Ratio 0.58%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 4/30/2023- Number of Companies 21
- Price/Earnings Ratio 28.55
- Price/Book Ratio 6.76
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield 0.42%
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $129.53 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield 0.17%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Weighted Average Yield to
Maturity -- - Net Effective Duration --
Price
as of 5/26/2023- NAV $33.95
- NAV Change $+0.86
- Market Price $33.97
- Market Price Change $+0.88
- Trading Volume (M) 3,533
- 30-Day Median Bid Ask Spread 0.10%
- View Premium / Discount
Snapshot
- Ticker QQQA
- Intraday Ticker QQQA.IV
- CUSIP 74347G671
- Inception Date 5/18/21
- Unitary Expense Ratio 0.58%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 4/30/2023- Number of Companies 21
- Price/Earnings Ratio 28.55
- Price/Book Ratio 6.76
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield 0.42%
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $129.53 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield 0.17%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 5/26/2023- NAV $33.95
- NAV Change $+0.86
- Market Price $33.97
- Market Price Change $+0.88
- Trading Volume (M) 3,533
- 30-Day Median Bid Ask Spread 0.10%
- View Premium / Discount
Exposures
Index as of 3/31/2023 and Fund as of 5/26/2023
Holdings
as of 5/26/2023
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 6.54% | NVDA | NVIDIA CORP | -- | $688,175.82 | 1,767 | 2379504 |
| 6.22% | AMD | ADVANCED MICRO DEVICES | -- | $654,966.68 | 5,156 | 2007849 |
| 5.32% | META | META PLATFORMS INC-CLASS A | -- | $559,717.44 | 2,136 | B7TL820 |
| 5.24% | SNPS | SYNOPSYS INC | -- | $551,020.47 | 1,239 | 2867719 |
| 5.03% | NFLX | NETFLIX INC | -- | $528,916.48 | 1,396 | 2857817 |
| 5.01% | WDAY | WORKDAY INC-CLASS A | -- | $526,778.66 | 2,438 | B8K6ZD1 |
| 4.97% | ASML | ASML HOLDING NV-NY REG SHS | -- | $522,510.30 | 710 | B908F01 |
| 4.78% | CDNS | CADENCE DESIGN SYS INC | -- | $503,239.32 | 2,204 | 2302232 |
| 4.66% | BIIB | BIOGEN INC | -- | $490,101.06 | 1,641 | 2455965 |
| 4.65% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $489,190.00 | 530 | B65LWX6 |
| 4.59% | CTAS | CINTAS CORP | -- | $483,250.32 | 1,031 | 2197137 |
| 4.52% | ANSS | ANSYS INC | -- | $475,586.60 | 1,489 | 2045623 |
| 4.44% | ROST | ROSS STORES INC | -- | $467,439.14 | 4,522 | 2746711 |
| 4.43% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $465,925.68 | 5,949 | 2592174 |
| 4.42% | MELI | MERCADOLIBRE INC | -- | $465,460.38 | 363 | B23X1H3 |
| 4.41% | PCAR | PACCAR INC | -- | $464,131.75 | 6,505 | 2665861 |
| 4.38% | BKNG | BOOKING HOLDINGS INC | -- | $461,221.14 | 178 | BDRXDB4 |
| 4.37% | IDXX | IDEXX LABORATORIES INC | -- | $460,030.14 | 981 | 2459202 |
| 4.18% | GILD | GILEAD SCIENCES INC | -- | $439,413.00 | 5,700 | 2369174 |
| 3.93% | REGN | REGENERON PHARMACEUTICALS | -- | $414,003.55 | 571 | 2730190 |
| 3.75% | ALGN | ALIGN TECHNOLOGY INC | -- | $394,694.37 | 1,383 | 2679204 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $17,099.25 | 17,099 | -- |
Index
as of 3/31/2023
- Total Number of Companies21
- Price/Earnings Ratio30.814
- Price/Book Ratio6.111
- Dividend Yield ( % )0.97
- Avg. Index Market Capitalization$79.41 billion
About the Index
The Nasdaq-100 Dorsey Wright Momentum Index, which is constructed and maintained by Dorsey, Wright & Associates, LLC, consists of 21 securities from the Nasdaq-100 index with the highest price momentum as determined by Dorsey Wright. The Nasdaq-100 includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.
Dorsey Wright defines high price momentum stocks as those stocks whose price has appreciated more than others over a specified period. Dorsey Wright ranks each stock in the Nasdaq-100 index based on relative performance in accordance with its proprietary “Relative Strength” momentum measure. The 21 stocks ranked highest are selected into the index at reconstitution and assigned equal weights.
The index is reconstituted each January, April, July, and October. The weightings of each security in the index may fluctuate between reconstitution dates.
Distributions
For
- 2023
- 2022
- 2021
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
