QID
ProShares UltraShort QQQ
The ProShares UltraShort QQQ provides 2x inverse exposure to a modified market-cap-weighted index of 100 large nonfinancial issues listed on NASDAQ.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
284.8 M
ASSETS UNDER MGMT
95 bp
EXPENSES
Fund Basics
| Fund sponsor | ProShares |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 11, 2006 |
| Assets (mns) | $272 |
| Expense ratio | 95 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -25.5% | -38.5% | -37.1% | -37.9% | -35.4% | -37.2% | -- | -36.0% |
| Dividend Yield | 0.8% | 2.6% | 3.6% | 2.7% | 1.7% | 1.0% | -- | 1.3% |
| Total Returns | -24.7% | -35.9% | -33.5% | -35.2% | -33.7% | -36.2% | -- | -34.7% | Ann. Volatility | 55.6% | 49.3% | 41.9% | 44.3% | 46.7% | 45.1% | -- | 44.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -5.66 | 11% |
| MSCI EAFE | -3.53 | 5% |
| MSCI Emg Mkts | -1.39 | 1% |
Liquidity Measures
| Avg. volume (000) | 5,558 |
| ADV traded (mns) | $141 |
| Turnover | 49.4% |
| Avg. Bid/Ask (% of price) | 0.08% |
Technical Indicators
| Recent close | $25.32 |
| 30d moving avg. | $25.24 |
| Annualized volatility | 263.4% |
| Relative strength (RSI) | 36 |
| Short interest | 9.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| QID (95 bp) Percentile rank | 93 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QID | 95.0 | 7.7 | 102.7 |
| Peer Avg. | 48.9 | 19.7 | 68.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .