ProShares - Short QQQ
PSQ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Jun 21, 2006
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Short QQQ (PSQ) is an exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to the inverse (-1x) of the daily performance of the Nasdaq-100 Index. The fund invests principally in derivatives, including swap agreements with major global financial institutions such as Citibank NA, Barclays Capital, UBS AG, Goldman Sachs International, and BNP Paribas, as well as Nasdaq-100 E-mini futures contracts and U.S. Treasury bills for cash balances; it employs a short strategy using these instruments to provide inverse exposure without directly selling short the underlying equities. PSQ offers investors a tactical tool for profiting from declines in the Nasdaq-100 Index, which comprises 100 of the largest non-financial companies listed on the Nasdaq Stock Market, weighted by market capitalization and rebalanced quarterly. Launched on June 19, 2006, and listed on NYSE Arca, PSQ is part of ProShares Trust, an open-ended investment company managed by ProShare Advisors LLC and domiciled in the United States. The fund operates globally through its derivative exposures tied to the U.S.-centric Nasdaq-100 Index, targeting institutional and retail investors seeking inverse equity strategies, particularly in technology and communication services sectors that dominate the index; it maintains total net assets of approximately $727 million with a net expense ratio of 0.95% (after fee waivers through September 30, 2026). Recent developments include a significant $137.1 million inflow in early December 2025, reflecting a 23.4% week-over-week increase in outstanding shares amid heightened investor demand for downside protection. In November 2025, ProShares announced forward and reverse share splits across 22 ETFs, including related inverse products, to adjust share prices and maintain liquidity. Earlier in September 2025, ProShare Advisors strengthened its distribution capabilities by hiring three regional vice presidents—Chad Brand for Southern California, Mike Hart for New York and surrounding areas, and Matt Zorumski for Florida—to support expanded client outreach and growth. ProShares, headquartered at 7272 Wisconsin Avenue in Bethesda, Maryland, continues to innovate in leveraged and inverse ETFs as part of its broader lineup managing over $95 billion in assets.