Key stats
About ProShares UltraShort QQQ
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Inception date
Jul 11, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
QID is a more aggressive version of its sibling fund PSQ. Both funds track the Nasdaq 100—an index of 100 non-financial firms listed on the tech-heavy Nasdaq—but QID provides -2x exposure compared to PSQ's -1x. To do so, QID uses a combination of futures and swaps on QQQ and the Nasdaq-100 Index swaps. As with most inverse and leveraged products, QID is designed to provide its stated inverse exposure on a daily basis, not as a long-term inverse bet against the index. Anyone holding the fund for longer than a day will be exposed to the effects of compounding on returns, and will—especially in volatile markets—be unlikely to realize the stated exposure over extended periods of time. The underlying index is rebalanced quarterly and reconstituted semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government116.11%
Cash−16.11%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QID top holdings are United States Treasury Bills 0.0% 01-JUL-2025 and United States Treasury Bills 0.0% 03-JUL-2025, occupying 36.83% and 27.62% of the portfolio correspondingly.
QID last dividends amounted to 0.37 USD. The quarter before, the issuer paid 0.51 USD in dividends, which shows a 39.45% decrease.
QID assets under management is 267.99 M USD. It's fallen 0.43% over the last month.
QID fund flows account for 27.09 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QID pays dividends to its holders with the dividend yield of 11.68%. The last dividend (Apr 1, 2025) amounted to 0.37 USD. The dividends are paid quarterly.
QID shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jul 11, 2006, and its management style is Passive.
QID expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
QID follows the NASDAQ 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QID invests in bonds.
QID price has fallen by −18.34% over the last month, and its yearly performance shows a −32.70% decrease. See more dynamics on QID price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −16.45% over the last month, showed a −12.56% decrease in three-month performance and has decreased by −27.87% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −16.45% over the last month, showed a −12.56% decrease in three-month performance and has decreased by −27.87% in a year.
QID trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.