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 nonfinancial issues listed on NASDAQ.

PSQ Factset Analytics Insight

PSQ makes a straight bet against the extremely popular ETF QQQ by providing inverse exposure to the Nasdaq-100—a 100-company index of firms listed on the tech-heavy NASDAQNasdaq that excludes financial firms. PSQ uses a combination of swaps on the Nasdaq-100 index, swaps onf QQQ, 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. Anyone 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. That being said, PSQ trades well and enjoys strong block liquidity. Its fees are high, but in-line with other funds in the inverse-equity segment.

PSQ MSCI ESG Analytics Insight

ProShares Short QQQ has an MSCI ESG Fund Rating of A based on a score of 6.70 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 84th percentile within its peer group and in the 79th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PSQ CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PSQ -5.79% -3.87% -20.11% -8.92% -18.31% -15.84% -19.21%
PSQ (NAV) -6.01% -4.19% -20.49% -9.10% -18.37% -15.86% -18.79%
NASDAQ-100 Index 6.58% 4.71% 26.59% 9.22% 21.60% 16.64% -18.79%
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%
$505.83M
0.03%

PSQ Portfolio Data

1.62%
09/25/19

PSQ Index Data

NASDAQ-100 Index
Tiered
NASDAQ - Listed
N/A

PSQ Fund Structure

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

PSQ Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PSQ Factset Analytics Block Liquidity

As of 07/16/19
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 5 out of 5.

PSQ Tradability

2,371,443
$68.93M
2,021,479
$56.27M
0.03%
$0.01
0.00%
0.10% / -0.15%
None
0.00%
50,000
40.43
0.02%
--
2,018
$27.17
5

PSQ MSCI ESG Ratings

A
6.70 / 10
78.85
83.58
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