Proshares Short Qqq Etf Profile

PSQ Etf  USD 38.44  0.32  0.84%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
ProShares Short is selling at 38.44 as of the 28th of November 2024; that is 0.84% increase since the beginning of the trading day. The etf's last reported lowest price was 38.23. ProShares Short has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on November 2, 2023, Senator Thomas R Carper of US Senate acquired under $15k worth of ProShares Short QQQ's common stock.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Short QQQ is traded on NYSEARCA Exchange in the United States. More on ProShares Short QQQ

Moving together with ProShares Etf

  0.98SH ProShares Short SP500PairCorr
  0.99SPXU ProShares UltraPro ShortPairCorr
  0.99SDS ProShares UltraShortPairCorr
  0.99SPXS Direxion Daily SPPairCorr
  1.0QID ProShares UltraShort QQQPairCorr

Moving against ProShares Etf

  0.9USD ProShares Ultra SemiPairCorr
  0.89NVDL GraniteShares 15x LongPairCorr
  0.89NVDX T Rex 2XPairCorr
  0.89NVDU Direxion Daily NVDAPairCorr
  0.85CRPT First Trust SkyBridgePairCorr
  0.83DAPP VanEck Digital TransPairCorr

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAustralia All Ordinaries, Size And Style ETFs, Large Cap ETFs, Trading--Inverse Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2006-06-19
BenchmarkNASDAQ-100 Index
Entity TypeRegulated Investment Company
Asset Under Management467.74 Million
Average Trading Valume4.13 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents46.0
Market MakerPundion
Total Expense0.99
Management Fee0.75
Country NameUSA
Returns Y T D(15.64)
NameProShares Short QQQ
Currency CodeUSD
Open FigiBBG000PNJVM8
In Threey Volatility21.55
1y Volatility13.59
200 Day M A42.0619
50 Day M A39.2156
CodePSQ
Updated At27th of November 2024
Currency NameUS Dollar
ProShares Short QQQ [PSQ] is traded in USA and was established 2006-06-19. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Size And Style ETFs. ProShares Short QQQ at this time have 1.58 B in assets. , while the total return for the last 3 years was -8.6%.
Check ProShares Short Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Short QQQ Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top ProShares Short QQQ Etf Constituents

Nasdaq 100 Index Swap Societe Generale7.9%
Nasdaq 100 Index Swap Bank Of America Na10.15%
Nasdaq 100 Index Swap Bnp Paribas7.9%
Nasdaq 100 Index Swap Citibank Na19.01%
Nasdaq 100 Index Swap Ubs Ag7.97%
Nasdaq 100 Index Swap Jp Morgan Securities10.43%
Nasdaq 100 Index Swap Goldman Sachs International19.88%
Nasdaq 100 Index Swap Morgan Stanley & Co. International Plc5.06%
United States Treasury Bills7.89%

ProShares Short Top Holders

GAVAXGavekal Kl AllocationMutual FundTactical Allocation
FXSAXPsi Strategic GrowthMutual FundTactical Allocation
RQEAXResq Dynamic AllocationMutual FundTactical Allocation
RQECXResq Dynamic AllocationMutual FundTactical Allocation
RQEIXResq Dynamic AllocationMutual FundTactical Allocation
More Details

ProShares Short QQQ Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares Short Against Markets

When determining whether ProShares Short QQQ is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Short Qqq Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Short Qqq Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Short QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of ProShares Short QQQ is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Short's market value can be influenced by many factors that don't directly affect ProShares Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.