ProShares UltraShort QQQ
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-27.6%
1 yr return
-41.1%
3 Yr Avg Return
-20.4%
5 Yr Avg Return
-40.3%
Net Assets
$265 M
Holdings in Top 10
131.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QID - Profile
Distributions
- YTD Total Return -27.6%
- 3 Yr Annualized Total Return -20.4%
- 5 Yr Annualized Total Return -40.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 5.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares UltraShort QQQ
-
Fund Family NameProShares Trust
-
Inception DateJul 13, 2006
-
Shares Outstanding15945774
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Neches
Fund Description
QID - Performance
Return Ranking - Trailing
Period | QID Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -27.6% | -75.9% | 35.5% | 78.74% |
1 Yr | -41.1% | -83.8% | 16.5% | 80.31% |
3 Yr | -20.4%* | -64.2% | 5.3% | 77.17% |
5 Yr | -40.3%* | -76.4% | 8.0% | 84.00% |
10 Yr | -35.4%* | -71.1% | 13.0% | 84.35% |
* Annualized
Return Ranking - Calendar
Period | QID Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -59.1% | -85.3% | 15.3% | 92.13% |
2022 | 66.0% | -73.7% | 116.7% | 3.15% |
2021 | -44.9% | -80.9% | 94.9% | 79.53% |
2020 | -69.8% | -96.0% | 153.8% | 85.83% |
2019 | -50.6% | -84.0% | -9.3% | 87.20% |
Total Return Ranking - Trailing
Period | QID Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -27.6% | -75.9% | 35.5% | 78.74% |
1 Yr | -41.1% | -83.8% | 16.5% | 80.31% |
3 Yr | -20.4%* | -64.2% | 5.3% | 77.17% |
5 Yr | -40.3%* | -76.4% | 8.0% | 84.00% |
10 Yr | -35.4%* | -71.1% | 13.0% | 84.35% |
* Annualized
Total Return Ranking - Calendar
Period | QID Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -57.2% | -84.6% | 18.9% | 93.70% |
2022 | 66.3% | -73.6% | 117.2% | 3.15% |
2021 | -44.9% | -80.9% | 94.9% | 79.53% |
2020 | -69.7% | -95.9% | 153.8% | 85.04% |
2019 | -49.6% | -83.8% | -8.6% | 84.00% |
QID - Holdings
Concentration Analysis
QID | Category Low | Category High | QID % Rank | |
---|---|---|---|---|
Net Assets | 265 M | 269 K | 3.02 B | 7.69% |
Number of Holdings | 21 | 4 | 799 | 16.92% |
Net Assets in Top 10 | 310 M | 353 K | 2.88 B | 7.69% |
Weighting of Top 10 | 131.05% | 37.3% | 230.5% | 16.15% |
Top 10 Holdings
- U.S. Treasury Bills 42.11%
- U.S. Treasury Bills 31.31%
- U.S. Treasury Bills 20.92%
- Repurchase Agreement 13.92%
- Repurchase Agreement 10.73%
- Repurchase Agreement 5.36%
- Repurchase Agreement 4.28%
- Repurchase Agreement 1.07%
- Repurchase Agreement 0.80%
- Repurchase Agreement 0.54%
Asset Allocation
Weighting | Return Low | Return High | QID % Rank | |
---|---|---|---|---|
Cash | 94.35% | 0.00% | 237.06% | 25.38% |
Other | 5.65% | -62.82% | 156.23% | 67.69% |
Stocks | 0.00% | -106.26% | 100.00% | 82.31% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 86.92% |
Convertible Bonds | 0.00% | 0.00% | 2.47% | 86.92% |
Bonds | 0.00% | 0.00% | 92.50% | 86.92% |
QID - Expenses
Operational Fees
QID Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.01% | 0.59% | 8.36% | 88.19% |
Management Fee | 0.75% | 0.35% | 1.50% | 52.31% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.45% | N/A |
Sales Fees
QID Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
QID Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
QID Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 181.00% | 38.71% |
QID - Distributions
Dividend Yield Analysis
QID | Category Low | Category High | QID % Rank | |
---|---|---|---|---|
Dividend Yield | 5.74% | 0.00% | 17.26% | 79.23% |
Dividend Distribution Analysis
QID | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
QID | Category Low | Category High | QID % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -7.24% | 3.75% | 5.71% |
Capital Gain Distribution Analysis
QID | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 25, 2024 | $0.530 | OrdinaryDividend |
Jun 26, 2024 | $0.780 | OrdinaryDividend |
Mar 20, 2024 | $0.788 | OrdinaryDividend |
Dec 20, 2023 | $1.028 | OrdinaryDividend |
Sep 20, 2023 | $0.881 | OrdinaryDividend |
Jun 21, 2023 | $0.663 | OrdinaryDividend |
Mar 22, 2023 | $0.413 | OrdinaryDividend |
Dec 22, 2022 | $0.190 | OrdinaryDividend |
Mar 25, 2020 | $1.308 | OrdinaryDividend |
Dec 24, 2019 | $2.093 | OrdinaryDividend |
Sep 25, 2019 | $3.301 | OrdinaryDividend |
Jun 25, 2019 | $4.139 | OrdinaryDividend |
Mar 20, 2019 | $2.384 | OrdinaryDividend |
Dec 26, 2018 | $4.927 | OrdinaryDividend |
Sep 26, 2018 | $3.750 | OrdinaryDividend |
Jun 20, 2018 | $2.703 | OrdinaryDividend |
Mar 21, 2018 | $1.769 | OrdinaryDividend |
Dec 26, 2017 | $0.813 | OrdinaryDividend |
Dec 23, 2008 | $9.182 | OrdinaryDividend |
Dec 23, 2008 | $15,198.848 | CapitalGainShortTerm |
Sep 24, 2008 | $322.944 | OrdinaryDividend |
Jun 24, 2008 | $147.584 | OrdinaryDividend |
Mar 25, 2008 | $434.400 | OrdinaryDividend |
Dec 20, 2007 | $753.472 | OrdinaryDividend |
Sep 25, 2007 | $880.976 | OrdinaryDividend |
Jun 26, 2007 | $665.360 | OrdinaryDividend |
Mar 27, 2007 | $547.248 | OrdinaryDividend |
Dec 20, 2006 | $906.544 | OrdinaryDividend |
QID - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Oct 01, 2013
8.67
8.7%
Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.
Devin Sullivan
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 23.76 | 9.04 | 14.22 |