FundNYSEARCAUS Equity

ProShares UltraShort QQQ (-2x)

QID NYSE Arca

ProShares UltraShort QQQ seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq-100 Index®. This short ProShares ETF seeks a return that is -2x the return of its underlying benchmark (target) for a single day,...

15.09USD
−3.55 (−19.05%) 1 Year · close Oct 30

Hover to inspectDrag to measure a move← → to step through days

Fund size
347M
as of Feb 2020
Expense ratio
0.95%
per year
Dividend yield
4.58%
Quarterly
Volatility · 1Y
40.8%
High Risk
Beta
-2.40
vs the market
52-week range
12.5223.73
01 Performance

How QID has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 30
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
+3.7 pts
-20%0%20% QID −15.3% Price −19.0%

Over 1 year, QID returned −15.3% with dividends reinvested — dividends added +3.7 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
40.8%High Risk

A typical year sees the price swing about ±41% around its trend.

Drawdown from peak

How far below its previous high the price has been
−47.2%
0%-27%−47.2%

Deepest fall −47.2% on Oct 6, 2026 — 190 days after the previous high
More than 5% below a high 86% of the time.

Market sensitivity

Beta
Market moves+10.0%
QID tends to move−24.0%

A beta of -2.40 means QID has moved less than the market.

Sharpe ratio -0.80 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
15.09
  • 12-day average14.08 +7.2%
  • 26-day average13.84 +9.1%
  • 50-day average13.85 +9.0%
  • 200-day average16.19 −6.8%

The price is above 3 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Overbought
OversoldOverbought72.4

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

US Equity · LargeCap Inverse x-2 — tracking the Nasdaq-100 Index®.

  • Assets under management347MUSD
  • Expense ratio0.95%per year
  • Holdings81
  • Risk score7.4High

Launched July 2006. Listed options available. Fund data as of Feb 27, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield4.58%

About 46 USD a year for every 1,000 USD invested at today's price.

Per share
0.69
Frequency
Quarterly
Last paid
Sep 23, 2026

Last 12 months

0.69 USD / share
0.37Dec 240.15Jun 240.17Sep 23
06 Themes

Where QID shows up

Curated themes and indices that hold QID. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About ProShares UltraShort QQQ (-2x)

ProShares UltraShort QQQ seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq-100 Index®. This short ProShares ETF seeks a return that is -2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next.

  • Featured in 3 curated themes
  • 81 holdings
Ticker
QID
Exchange
NYSE Arca
ISIN
US74347G7390
CUSIP
74347G739
Currency
U.S. Dollar (USD)
Country
USA
Sector
US Equity
Industry
LargeCap Inverse x-2
Benchmark
Nasdaq-100 Index®
All key statistics

Details

NameProShares UltraShort QQQ (-2x)
TickerQID
ISINUS74347G7390
CUSIP74347G739
ExchangeNYSEARCA
CategoryUS Equity
Sub CategoryLargeCap Inverse x-2
CountryUSA
CurrencyU.S. Dollar
Inception DateJul 11, 2006
BenchmarkNasdaq-100 Index®

Shareas of Oct 30, 2026

Close Price USD15.09
52W Low / High 12.52 / 23.73
1Y Total Return-16.08%
Subpar
1Y Volatility39.92%
High Risk
Beta-2.40
12M Dividends0.69113
Last Dividend DateSep 23, 2026
Dist. FrequencyQuarterly
Dividend Yield4.58%

Dataas of Feb 27, 2020

AUM347 M
Discount/Premium0.101%
NAV24.63
Shares Outstanding14 M
Volume 20D Avg6.3 M
Nbr of Holdings81
Risk RankHigh
Net Expense0.950%
Options availableYes
Next step

Put QID to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test QID in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.