What is the ISIN of ProShares UltraPro Short QQQ?

The ISIN of ProShares UltraPro Short QQQ is US74350P6759.

What does leveraged daily exposure mean for ProShares UltraPro Short QQQ?

ProShares UltraPro Short QQQ aims to deliver 3 times the daily return of QQQ (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect ProShares UltraPro Short QQQ?

Volatility decay (also called compounding drag) occurs because ProShares UltraPro Short QQQ rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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ProShares UltraPro Short QQQ (SQQQ) Price

ProShares UltraPro Short QQQ Price

— EUR

PRO

TER0.95 %

AUM2.52 B USD

IndexNASDAQ 100 Index

CurrencyUSD

Funds Launch2/9/2010

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Underlying

QQQ

QQQ3X Short Daily

QQQ

ProShares UltraPro Short QQQ provides 3X inversedaily exposure to QQQ.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.