(PSQ) ProShares Short QQQ - Overview

ETF Category: Trading--Inverse Equity | Exchange: NYSE ARCA (USA) | Market Cap: 634m USD | Total Return: -22.8% in 12m

Inverse ETFs, Derivatives, Equity Swaps, Index Options
Total Rating 48
Safety 78
Buy Signal 0.43
Trading--Inverse Equity
Category Rotation: +26.0
TER: 0.95%
AUM: 634M
Avg Turnover: 188M
Risk 3d forecast
Volatility32.4%
VaR 5th Pctl5.23%
VaR vs Median-10.3%
Reward TTM
Sharpe Ratio-1.72
Rel. Str. IBD11.8
Rel. Str. Peer Group65.9
Character TTM
Beta-1.301
Beta Downside-1.334
Hurst Exponent0.519
Drawdowns 3y
Max DD49.65%
CAGR/Max DD-0.36
CAGR/Mean DD-0.70

Warnings

Overextended 3d

Tailwinds

No distinct edge detected

Description: PSQ ProShares Short QQQ

ProShares Short QQQ (PSQ) is an inverse exchange-traded fund designed to deliver the daily inverse performance of the Nasdaq-100 Index. The fund primarily utilizes financial derivatives, such as swap agreements and futures contracts, to achieve its objective of profiting from declines in large-cap, non-financial technology and growth stocks.

The underlying Nasdaq-100 Index is market-capitalization weighted and excludes companies in the banking and investment sectors, resulting in heavy concentration within the technology, consumer services, and healthcare industries. Because the fund targets daily returns, compounding effects over periods longer than one trading session can lead to performance that diverges significantly from the simple inverse of the index.

Investors can further evaluate these risk factors and historical tracking errors by reviewing the detailed analytics on ValueRay. This fund is classified as non-diversified, meaning it may invest a high percentage of assets in a limited number of issuers or financial counterparties.

Headlines to Watch Out For
  • Nasdaq 100 index decline drives inverse daily returns for the fund
  • Technology sector valuation contraction increases demand for short exposure
  • Rising interest rates pressure growth stock multiples within the underlying index
  • Daily rebalancing costs and compounding effects impact long-term performance tracking
  • Liquidity of equity swap agreements affects execution of inverse investment strategy
What is the price of PSQ shares?

As of June 07, 2026, the stock is trading at USD 26.45 with a total of 10,993,561 shares traded.
Over the past week, the price has changed by +4.59%, over one month by -3.29%, over three months by -13.37% and over the past year by -22.81%.

Is PSQ a buy, sell or hold?

ProShares Short QQQ has no consensus analysts rating.