ProShares UltraPro Short QQQProShares UltraPro Short QQQProShares UltraPro Short QQQ

ProShares UltraPro Short QQQ

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Key stats


Assets under management (AUM)
‪2.10 B‬USD
Fund flows (1Y)
‪832.71 M‬USD
Dividend yield (indicated)
11.33%
Discount/Premium to NAV
−0.3%

About ProShares UltraPro Short QQQ


Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.95%
Home page
Inception date
Feb 9, 2010
Index tracked
NASDAQ 100 Index
Management style
Passive
SQQQ is an aggressive take on the large-cap space by providing geared inverse (-3x) exposure to the NASDAQ-100 index an index of 100 tech-heavy firms listed on NASDAQ that excludes financials. To provide this exposure, the fund uses swaps on the popular NASDAQ-100 ETF (QQQ), swaps on the index itself, and futures. As with most inverse and leveraged products, SQQQ is designed to provide this exposure on a daily basis, not over long time horizons. Holding the fund for longer than a day opens the door to the effects of compounding on returns and will be unlikely to realize the stated -3x inverse exposure over time especially in volatile markets.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Exchange-specific
Weighting scheme
Market cap
Selection criteria
NASDAQ - listed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 21, 2024
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government180.68%
Cash−80.68%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows