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ETFs

ProShares Short QQQ

PSQ
$—
Today’s Change
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Snapshot
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Inception Date
Jun 19, 2006
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$361,259,420
AUM
$989,311,375
Associated Index
Nasdaq 100 Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Derivatives offset
99.99%
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TREASURY BILL
7.58%
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Net Other Assets (Liabilities)
7.54%
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TREASURY BILL
7.53%
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TREASURY BILL
7.46%
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TREASURY BILL
7.38%
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TREASURY BILL
6.01%
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TREASURY BILL
5.04%
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TREASURY BILL
5.03%
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TREASURY BILL
5.03%
Invest with PSQ
Trade PSQ Options

What is PSQ?

ProShares Short QQQ seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index .

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

PSQ
Performance Measures**

for the time period Jun 21, 2006 to Dec 5, 2025

Returns

1M Trailing Return: -0.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -7.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -98.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 22.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.71

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.17

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPSQ

ETFs correlated to PSQ include SQQQ, QID, TECS

PSQ
ProShares Trust - ProShares Short QQQ -1x Shares
SQQQ
ProShares Trust - ProShares UltraPro Short QQQ -3x Shares
QID
ProShares Trust - ProShares UltraShort QQQ -2x Shares
TECS
Direxion Shares ETF Trust - Direxion Daily Technology Bear -3X Shares
BERZ
Bank of Montreal - MicroSectorsTM Solactive FANG & Innovation -3X Inverse Leveraged ETNs
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
FNGD
Bank of Montreal - MicroSectors FANG+ Index -3X Inverse Leveraged ETNs

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toPSQ

T1 Volmageddon 2.0 Dynamically Hedged (404.2% RR, 14.1% MD, 51% SD, 2022 BT)

Category

Volatility trading, dynamic hedging, tactical allocation, leveraged/inverse ETFs, crash defense, daily rebalance, high risk

OOS Cumulative Return

—

TQQQ FTLT w/Sideways Market Mods (FINAL)

Category

Leveraged ETFs, trend-following, mean reversion, volatility hedge, crash protection, tactical, daily rebalance, tech-heavy, semiconductors

OOS Cumulative Return

594.44%

Create your own algorithmic trading strategy with PSQ using Composer

FAQ

PSQ is a US Equities ETF. ProShares Short QQQ seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index .

PSQ tracks the Nasdaq 100 Index.

No, PSQ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PSQ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PSQ is 0.008%. This is the percent change in the value of PSQ over the most recent 1-month period. The 3-month return on PSQ is 0.008%. This is the percent change in the value of PSQ over the most recent 3-month period.

The standard deviation of PSQ for the past year is 0.2289%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PSQ include QCLR, NJAN, and NAPR.

ETFs correlated to PSQ include SQQQ, QID, and TECS.

ETFs that are inversely correlated to PSQ include QLD, QQQ, and TQQQ.

No, PSQ is not a leveraged ETF.

Yes, PSQ is a Inverse (-1) leveraged ETF: This means that PSQ will try to match the performance of Nasdaq 100 Index, but move 1x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.