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Upturn AI SWOT - About
ProShares UltraShort QQQ (QID)
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Upturn Advisory Summary
08/14/2025: QID (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 -34.18% | Avg. Invested days 18 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta -2.2 | 52 Weeks Range 25.47 - 49.93 | Updated Date 06/30/2025 |
52 Weeks Range 25.47 - 49.93 | Updated Date 06/30/2025 |
Upturn AI SWOT
ProShares UltraShort QQQ
ETF Overview
Overview
ProShares UltraShort QQQ (QID) is a leveraged inverse ETF designed to deliver twice the inverse (opposite) of the daily performance of the NASDAQ-100 Index. It's a short-term trading tool used to profit from or hedge against declines in the tech-heavy NASDAQ-100.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, known for its innovative and complex products.
Management Expertise
ProShares has a dedicated team with expertise in managing leveraged and inverse ETFs, requiring sophisticated risk management and trading strategies.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to twice (2x) the inverse (opposite) of the daily performance of the NASDAQ-100 Index.
Investment Approach and Strategy
Strategy: The ETF uses financial instruments such as swap agreements, futures contracts, and options to achieve its leveraged inverse objective.
Composition The ETF doesn't directly hold the stocks of the NASDAQ-100. It primarily holds derivatives designed to replicate the inverse leveraged performance.
Market Position
Market Share: QIDu2019s market share is relatively small compared to broader market ETFs, as it is a niche product.
Total Net Assets (AUM): 419412928
Competitors
Key Competitors
- SQQQ
- PSQ
- SH
Competitive Landscape
The competitive landscape includes other inverse and leveraged ETFs targeting the NASDAQ-100 or broader market indices. QID's advantage lies in its 2x leverage, which can amplify returns (and losses). Its disadvantage is the daily reset feature, which can lead to performance erosion over longer periods due to compounding effects compared to its direct competitors.
Financial Performance
Historical Performance: Historical performance data is highly dependent on the NASDAQ-100's performance and should be evaluated cautiously due to the ETF's leveraged and inverse nature. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared to -2x the daily return of the NASDAQ-100 Index. Due to compounding effects, long-term performance can deviate significantly.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
QID exhibits moderate liquidity, as reflected in its average trading volume, allowing investors to enter and exit positions relatively easily.
Bid-Ask Spread
The bid-ask spread is typically narrow, indicating relatively low transaction costs for trading the ETF.
Market Dynamics
Market Environment Factors
Economic indicators (inflation, interest rates), tech sector performance, and overall market sentiment significantly affect QID's performance. Increased market volatility can lead to more significant daily swings.
Growth Trajectory
The ETF's growth trajectory is linked to investor demand for hedging tools and short-term bearish strategies. Changes to the NASDAQ-100 composition or the ETF's investment strategy could impact its performance.
Moat and Competitive Advantages
Competitive Edge
QID's competitive edge lies in its 2x leveraged inverse exposure to the NASDAQ-100, offering a high-beta strategy for short-term traders. This leverage amplifies returns when the NASDAQ-100 declines. However, this can also magnify losses. The ETF caters to investors seeking to profit from or hedge against daily declines in the tech-heavy index. Its daily reset feature differentiates it from non-leveraged inverse ETFs, offering a different risk-return profile.
Risk Analysis
Volatility
QID exhibits high volatility due to its leveraged nature. Investors should expect significant daily price fluctuations.
Market Risk
QID is subject to market risk, particularly related to the technology sector and the overall market. The ETF's performance is highly sensitive to changes in investor sentiment and market conditions.
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated short-term trader with a high-risk tolerance seeking to profit from daily declines in the NASDAQ-100 or hedge against existing long positions.
Market Risk
QID is best suited for active traders with a short-term horizon. It's not suitable for long-term investors due to the compounding effects of daily resets and the potential for significant value erosion over time.
Summary
ProShares UltraShort QQQ (QID) is a leveraged inverse ETF designed for short-term trading, providing -2x the daily performance of the NASDAQ-100. It's a high-risk, high-reward instrument suitable for sophisticated investors seeking to profit from or hedge against daily declines in the tech sector. Due to its leveraged nature and daily reset, QID is not suitable for long-term investment strategies. Its performance is highly sensitive to market volatility and changes in the NASDAQ-100.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares website
- SEC Filings
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investing in leveraged and inverse ETFs involves significant risks, including the potential for substantial losses. Consult with a qualified financial advisor before making any investment decisions.
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 UltraShort 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 leveraged 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.