PSQ

ProShares Short QQQ
*Unless otherwise stated, data provided by FactSet.

PSQ Fund Description

PSQ provides inverse exposure to a modified market-cap-weighted index of 100 of the largest non-financial firms listed on NASDAQ.

PSQ Factset Analytics Insight

PSQ makes a straight bet against the popular QQQ ETF by providing inverse exposure to the NASDAQ-100 index — an index of 100 tech-heavy firms listed on NASDAQ that excludes financials. The fund uses a combination of swaps on the NASDAQ-100 ETF (QQQ), swaps on the index itself, and NASDAQ-100 futures to achieve this exposure. As with most inverse and leveraged products, PSQ is designed to provide this exposure on a daily basis, not as a long-term inverse bet against the index. Investors holding the fund for longer than a day will be exposed to the effects of compounding on returns, and will be unlikely to realize the stated exposure over extended periods of time.

PSQ MSCI ESG Analytics Insight

ProShares Short QQQ has an MSCI ESG Fund Rating of A based on a score of 6.10 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares Short QQQ ranks in the 49th percentile within its peer group and in the 60th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PSQ -2.61% -10.02% -19.64% -30.07% -26.36% -24.40% -21.17%
PSQ (NAV) -2.63% -10.42% -19.70% -31.30% -26.34% -24.42% -21.10%
NASDAQ-100 Index 2.54% 11.14% 21.00% 38.94% 28.31% 27.65% 22.42%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PSQ Summary Data

ProShares
06/19/06
Open-Ended Fund
0.95%
$598.24M
0.08%

PSQ Portfolio Data

0.32%
N/A

PSQ Index Data

NASDAQ-100 Index
Tiered
NASDAQ - Listed
N/A

PSQ Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-1
Daily

PSQ Tax Exposures

20.00% / 39.60%
--
No

PSQ Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PSQ. PSQ is rated a N/A out of 5.

PSQ Tradability

4,522,836
$53.92M
3,985,848
$47.72M
0.08%
$0.01
-0.02%
0.30% / -0.18%
None
99.00%
50,000
79.72
0.04%
--
21,959
$11.57
N/A

PSQ MSCI ESG Ratings

6.10 / 10
60.42
48.98
--
--
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