(PSQ) ProShares Short QQQ - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74349Y8378

Etf: Inverse, Nasdaq, ETF, Non-Financial, Daily

Total Rating 46
Risk 57
Buy Signal -1.00

Dividends

Dividend Yield 4.54%
Yield on Cost 5y 2.64%
Yield CAGR 5y 208.82%
Payout Consistency 34.7%
Payout Ratio -
Risk 5d forecast
Volatility 21.9%
Relative Tail Risk -11.0%
Reward TTM
Sharpe Ratio -0.60
Alpha -2.99
Character TTM
Beta -1.160
Beta Downside -1.119
Drawdowns 3y
Max DD 49.77%
CAGR/Max DD -0.37

Description: PSQ ProShares Short QQQ December 27, 2025

ProShares Short QQQ (NYSE ARCA: PSQ) is a U.S.–registered inverse equity ETF that seeks to deliver the opposite of the daily performance of the Nasdaq-100 Index, which tracks the 100 largest non-financial Nasdaq-listed companies. The fund achieves this by maintaining at least 80 % of its assets in short positions or equivalent derivatives, and it is classified as a non-diversified vehicle.

Key quantitative points (as of the most recent filing):
• Expense ratio ≈ 0.95 % (annualized), reflecting the cost of maintaining short exposure.
• Assets under management ≈ $1.2 billion, indicating sizable liquidity for intraday trading.
• Average daily trading volume > 5 million shares, supporting tight bid-ask spreads for active traders.
These metrics suggest that PSQ is a relatively liquid, cost-intensive tool best suited for short-term tactical positions rather than long-term buy-and-hold strategies.

Primary drivers of PSQ’s performance are the daily returns of the Nasdaq-100, which is heavily weighted toward technology, consumer discretionary, and communication services. Consequently, macro-level factors such as Federal Reserve interest-rate policy, corporate earnings trends in the tech sector, and global risk sentiment can cause pronounced swings in the ETF’s value. Because the fund resets its exposure each day, compounding effects can diverge markedly from the simple inverse of a longer-term index move, especially in volatile markets.

For a deeper quantitative breakdown, you might explore ValueRay’s platform for data-rich analysis.

What is the price of PSQ shares?

As of February 09, 2026, the stock is trading at USD 30.55 with a total of 12,320,277 shares traded.
Over the past week, the price has changed by +2.00%, over one month by +2.62%, over three months by +1.28% and over the past year by -11.80%.

Is PSQ a buy, sell or hold?

ProShares Short QQQ has no consensus analysts rating.

What are the forecasts/targets for the PSQ price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 30.7 0.5%

PSQ Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 514.5m USD (514.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 514.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 514.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 1.64% (E(514.5m)/V(514.5m) * Re(1.64%) + (debt-free company))
Discount Rate = 1.64% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for PSQ ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle