Key stats
About ProShares UltraShort QQQ Mega ETF
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Inception date
Jun 10, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
Identifiers
3
ISIN US74349Y6885
QQDN is a leveraged inverse bet against the largest companies included in the Nasdaq-100 Index. The underlying index targets the top holdings in the Nasdaq-100 Index by market-cap, selecting approximately the top 45% cumulative weight. The selected companies are then weighted based on market-cap. The composition and weights are reassessed annually in December, with adjustments made quarterly. The fund will hold financial instruments to gain -200% inverse leveraged exposure, such as swap agreements and derivatives. ProShare Advisors uses a mathematical approach to maintain daily leveraged exposure consistent with the set objective, pivoting within market fluctuations to rebalance daily exposure to the Index. Performance may be vastly different for shareholders holding positions in the fund longer than 1 day, including a total loss of capital. Before October 31, 2025, the fund was named ProShares UltraShort Top QQQ.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QQDN last dividends amounted to 0.63 USD. The quarter before, the issuer paid 0.25 USD in dividends, which shows a 60.33% increase.
QQDN assets under management is 1.31 M USD. It's risen 1.54% over the last month.
QQDN fund flows account for −1.23 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QQDN pays dividends to its holders with the dividend yield of 4.45%. The last dividend (Dec 31, 2025) amounted to 0.63 USD. The dividends are paid quarterly.
QQDN shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jun 10, 2025, and its management style is Passive.
QQDN expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
QQDN follows the Nasdaq-100 Mega Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QQDN invests in cash.
QQDN price has risen by 5.47% over the last month, and its yearly performance shows a −32.03% decrease. See more dynamics on QQDN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 10.08% increase in three-month performance and has increased by 2.28% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 10.08% increase in three-month performance and has increased by 2.28% in a year.
QQDN trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.