Company Name:: ProShares UltraShort QQQ
Benchmark Index: NASDAQ-100 Index
Ticker Symbol: QID
Approximate Number of Stocks in this ETF: 100
Types of Companies Included: The largest U.S. and international companies listed on the NASDAQ stock exchange. Companies from the financial sector are excluded from this index.
Daily Target: -2x
Leveraged-Short ETF: This ETF allows investors to take a leveraged and bearish position against the NASDAQ-100. If the NASDAQ-100 goes down, this ETF is designed to go up twice the amount the index went down. Conversely, if the NASDAQ-100 goes up, this ETF is designed to go down twice the amount the index went up.
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