(QID) ProShares UltraShort QQQ - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74349Y8295

Inverse Equity, Financial Instruments, Exchange-Traded Fund, Trading Tools

Description: QID ProShares UltraShort QQQ

The ProShares UltraShort QQQ (NYSE ARCA:QID) is an exchange-traded fund (ETF) designed to deliver inverse daily returns relative to the Nasdaq-100 Index, which comprises the 100 largest non-financial stocks listed on the Nasdaq Stock Market, prioritized by market capitalization. By leveraging financial instruments, ProShare Advisors aims to achieve a daily return that is twice the inverse of the Nasdaq-100 Indexs performance.

The Nasdaq-100 Index is a modified market capitalization-weighted index, meaning that the companies with the largest market capitalizations have a greater influence on the indexs performance. The index includes a diverse range of domestic and international companies across various sectors, excluding financials. As QID is designed to perform inversely to this index, it tends to benefit when the technology and growth sectors, which are heavily represented in the Nasdaq-100, experience downturns.

From a technical analysis perspective, the current price of QID is $32.64, indicating a potential bearish trend given that it is below its 20-day Simple Moving Average (SMA) of $35.70 and 50-day SMA of $36.73. The 200-day SMA stands at $34.89, suggesting that the ETF has recently broken through a significant resistance level, albeit from below. The Average True Range (ATR) of 2.82 represents an 8.63% daily price movement, signifying relatively high volatility. With the 52-week high and low being $47.46 and $29.15, respectively, QID is currently trading closer to its 52-week low, potentially indicating a support level around this price.

Considering the fundamental aspect, QID has an Assets Under Management (AUM) of $314.04 million. The fund is categorized as non-diversified and falls under the Trading--Inverse Equity ETF category, implying that it is designed for short-term trading strategies rather than long-term investment. The non-diversified nature means that the funds performance can be more volatile compared to diversified funds, as it may concentrate its investments in a fewer number of securities to achieve its inverse daily return objective relative to the Nasdaq-100 Index.

Forecasting the future performance of QID involves analyzing both technical indicators and fundamental data. Given the current technical indicators, if the Nasdaq-100 Index experiences a downturn, QID is likely to rise, potentially breaking through its recent resistance levels. Conversely, if the Nasdaq-100 Index rallies, QID could decline further. With the ETF trading near its 52-week low, theres a possibility of a bounce-back if the Nasdaq-100 Index faces a significant correction. However, the high volatility, as indicated by the ATR, suggests that the price movements could be quite unpredictable. Therefore, a prudent strategy could involve closely monitoring the Nasdaq-100 Index for signs of downturns and adjusting positions accordingly, while also being prepared for potential whipsaws due to the ETFs leveraged and inverse nature.

Additional Sources for QID ETF

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

QID ETF Overview

Market Cap in USD 255m
Category Trading--Inverse Equity
TER 0.95%
IPO / Inception 2006-07-11

QID ETF Ratings

Growth Rating -85.3
Fundamental -
Dividend Rating 36.5
Rel. Strength -33.9
Analysts -
Fair Price Momentum 18.23 USD
Fair Price DCF -

QID Dividends

Dividend Yield 12m 4.81%
Yield on Cost 5y 0.70%
Annual Growth 5y 14.99%
Payout Consistency 24.5%
Payout Ratio %

QID Growth Ratios

Growth Correlation 3m -97.2%
Growth Correlation 12m -57.4%
Growth Correlation 5y -90.1%
CAGR 5y -33.43%
CAGR/Max DD 5y -0.38
Sharpe Ratio 12m -1.15
Alpha -6.83
Beta -2.542
Volatility 29.30%
Current Volume 3808k
Average Volume 20d 5236.3k
Stop Loss 24.4 (-3.6%)
What is the price of QID shares?
As of July 09, 2025, the stock is trading at USD 25.30 with a total of 3,807,992 shares traded.
Over the past week, the price has changed by -1.75%, over one month by -7.38%, over three months by -46.13% and over the past year by -25.28%.
Is ProShares UltraShort QQQ a good stock to buy?
No, based on ValueRay´s Analyses, ProShares UltraShort QQQ (NYSE ARCA:QID) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -85.32 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of QID is around 18.23 USD . This means that QID is currently overvalued and has a potential downside of -27.94%.
Is QID a buy, sell or hold?
ProShares UltraShort QQQ has no consensus analysts rating.
What are the forecasts for QID share price target?
According to our own proprietary Forecast Model, QID ProShares UltraShort QQQ will be worth about 19.7 in July 2026. The stock is currently trading at 25.30. This means that the stock has a potential downside of -22.17%.
Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 19.7 -22.2%