PROSHARES TRUSTPROSHARES TRUSTPROSHARES TRUST

PROSHARES TRUST

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Key stats


Assets under management (AUM)
‪3.11 B‬USD
Fund flows (1Y)
‪1.85 B‬USD
Dividend yield (indicated)
9.49%
Discount/Premium to NAV
5.4%
Shares outstanding
‪100.47 M‬
Expense ratio
0.95%

About PROSHARES TRUST


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Feb 9, 2010
Structure
Open-Ended Fund
Index tracked
NASDAQ 100 Index
Management style
Passive
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.
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
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
NASDAQ - listed
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
100%
Top 10 holdings

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