QQDN

ProShares Trust ProShares UltraShort QQQ Mega

$26.00

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The ProShares UltraShort Top QQQ ETF (QQDN) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Nasdaq-100 Index.

Overview

ETF tracking ProShares Trust ProShares UltraShort QQQ Mega

Category Leveraged

Issuer ProShares

Inception Date 2025-06-12

Market Cap $2.9M

Average Volume N/A

Dividend Yield 0.95%

52-Week Range $23.60 - $41.12

VWAP $26.25

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares UltraShort Top QQQ ETF (QQDN) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Nasdaq-100 Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to achieve its investment objective. By taking short positions, the fund aims to profit when the Nasdaq-100 Index declines in value.

✨ Key Features

Provides leveraged inverse exposure to the Nasdaq-100 Index
Seeks to deliver -2x the daily performance of the index
Designed for short-term trading and not long-term buy-and-hold investment
Highly volatile and speculative in nature

⚠️ Primary Risks

Leveraged and inverse ETFs can experience significant losses over time, especially in volatile markets
Daily rebalancing can lead to compounding effects that may differ from the target exposure over longer holding periods
Lack of a performance history makes it difficult to assess the fund's long-term viability
Counterparty risk associated with the use of derivatives

👤 Best For

This ETF is designed for experienced, sophisticated investors with a high risk tolerance who seek to make short-term trades based on their market outlook. It is not suitable for long-term buy-and-hold investors or those with a low risk appetite.