ETFs › QID

ProShares UltraShort QQQ (QID)

inverse leveraged nasdaq

This ETF seeks to provide twice the inverse (-2x) of the daily performance of the Nasdaq-100 Index. It offers leveraged exposure for traders looking to bet against large-cap, non-financial stocks listed on the Nasdaq. The fund is designed for short-term tactical trading and requires active management due to its leveraged and inverse nature.

Key Info

AUM $505.36M
Expense Ratio 0.95%
Inception Date July 11, 2006
Distribution Frequency N/A
Weighting Method Inverse Leveraged
Number of Holdings 1
Tracking Index Nasdaq-100 Index

See Also

SQQQ PSQ TQQQ

Last updated: September 10, 2024