QID ProShares UltraShort (2x) QQQ ETF
Seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The Index is a market capitalization weighted index that includes 100 of the largest domestic and international non-financial securities 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. It does not contain securities of financial companies including investment companies. Eligible securities include common stocks, REITs and ADRs. See more discussion of this index in our article what is the NASDAQ-100 Index?
$18.86 -0.45 (-2.33%)
As of 03/23/2023 16:00:00 EST IEX book CBOE book
ETF Information
Sponsor: ProShares
Category1: US Equity
Category2: Broad market
Category3: Large cap
Morningstar category: Trading--Inverse Equity
Leverage factor: -2.00
Inception date: 07/11/2006
Index tracking method: Passive replication
Current yield: 0.20%
Historical average yield: 6.89%
Market cap: $486,508,222
Average volume: 15,694,225
Fees: 0.9500%
Index Information
NASDAQ-100 Index
Index symbol: NDX
Provider: NASDAQ OMX
Index weighting: Market capitalization
Index inception date: 01/31/1985
Backtesting data exists: No
Number of holdings: 100
Strategy: Passive market cap indexing