Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
ProShares Short QQQ (PSQ)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/31/2025: PSQ (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -5.45% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/31/2025 |
Key Highlights
Volume (30-day avg) - | Beta -1.12 | 52 Weeks Range 33.77 - 46.44 | Updated Date 06/29/2025 |
52 Weeks Range 33.77 - 46.44 | Updated Date 06/29/2025 |
Upturn AI SWOT
ProShares Short QQQ
ETF Overview
Overview
The ProShares Short QQQ (PSQ) seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Nasdaq-100 Index. It provides a way to profit from a decline in the Nasdaq-100 or hedge against downside risk. PSQ uses derivatives to achieve its inverse objective.
Reputation and Reliability
ProShares is a well-established issuer known for its leveraged and inverse ETFs, generally considered reliable.
Management Expertise
ProShares has considerable expertise in managing complex derivative-based investment strategies.
Investment Objective
Goal
To provide inverse (-1x) daily investment results of the Nasdaq-100 Index before fees and expenses.
Investment Approach and Strategy
Strategy: Seeks inverse daily returns by using financial derivatives, primarily swaps.
Composition Derivatives such as swap agreements designed to mimic the inverse daily performance of the Nasdaq-100 Index.
Market Position
Market Share: Market share data unavailable, fluctuates based on market conditions and investor demand for inverse products.
Total Net Assets (AUM): 1380000000
Competitors
Key Competitors
- SQQQ
- SH
Competitive Landscape
The competitive landscape is dominated by a few providers of inverse and leveraged ETFs. PSQ benefits from being one of the older and more liquid inverse QQQ ETFs, but faces competition from other inverse and leveraged products, including 3x leveraged versions like SQQQ. PSQ is less volatile than the 3x inverse QQQ (SQQQ), but more expensive than the unleveraged SH.
Financial Performance
Historical Performance: Historical performance is inversely correlated with the Nasdaq-100. The historical performance data is highly dependent on the market's behavior during the investment period, and should always be reviewed before investing.
Benchmark Comparison: The benchmark is the inverse of the Nasdaq-100 Index. Tracking errors can occur due to fees, expenses, and derivative adjustments.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
PSQ exhibits moderate liquidity, as reflected in the trading volume.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting its trading volume and demand.
Market Dynamics
Market Environment Factors
Economic indicators, technology sector performance, and overall market sentiment influence PSQ. Declining tech stock valuations are generally favorable.
Growth Trajectory
Growth is dependent on market corrections and investor appetite for hedging strategies. Demand increases during periods of uncertainty.
Moat and Competitive Advantages
Competitive Edge
PSQ's advantage lies in its direct inverse correlation to the Nasdaq-100, offering a straightforward tool for hedging or speculation. It is a relatively liquid and well-known inverse ETF. Unlike buying put options, PSQ does not have an expiration date. However, PSQ is subject to daily compounding effects, which can erode long-term returns. PSQ has greater risk for the long-term trader.
Risk Analysis
Volatility
PSQ is volatile because of its inverse nature. Risk management is key as the index it tracks has a history of high volatility.
Market Risk
Market risk is significant as the value of PSQ is directly tied to the Nasdaq-100 Index. Unexpected positive returns in the market would lead to losses.
Investor Profile
Ideal Investor Profile
PSQ is suited for sophisticated investors seeking short-term hedging or speculative exposure to Nasdaq-100 Index declines.
Market Risk
PSQ is best suited for active traders with a short-term outlook. It is not suitable for long-term, buy-and-hold investors.
Summary
The ProShares Short QQQ (PSQ) provides inverse exposure to the Nasdaq-100, allowing investors to profit from or hedge against declines in the tech-heavy index. As a derivative-based product, itu2019s designed for short-term use and is not suitable for long-term investing. PSQ is subject to daily compounding, and its returns can deviate significantly from the inverse of the Nasdaq-100's long-term performance. It is a tool for active traders seeking to capitalize on anticipated market downturns, with careful attention to risk management.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares Website
- Morningstar
- ETF.com
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investments in ETFs carry risk of loss.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Short QQQ
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of 100 of the largest Nasdaq-listed non-financial companies. Under normal circumstances, the fund will obtain inverse exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.