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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$43.39

$12.1 M

0.20%

$0.09

0.58%

Vitals

YTD Return

10.6%

1 yr return

32.2%

3 Yr Avg Return

2.0%

5 Yr Avg Return

N/A

Net Assets

$12.1 M

Holdings in Top 10

53.7%

52 WEEK LOW AND HIGH

$43.4
$32.09
$44.01

Expenses

OPERATING FEES

Expense Ratio 0.58%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$43.39

$12.1 M

0.20%

$0.09

0.58%

QQQA - Profile

Distributions

  • YTD Total Return 10.6%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares Nasdaq-100 Dorsey Wright Momentum ETF
  • Fund Family Name
    ProShares Trust
  • Inception Date
    May 18, 2021
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Neches

Fund Description

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index.The Index, which is constructed and maintained by Dorsey, Wright & Associates, LLC (“Dorsey Wright”), consists of 21 securities from the Nasdaq-100 Index with the highest price momentum as determined by Dorsey Wright. The Nasdaq-100 includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. Dorsey Wright ranks each stock in the Nasdaq-100 based on relative performance using its proprietary “Relative Strength” momentum measure. The 21 stocks ranked the highest at each reconstitution (January, April, July and October) are included in the Index and assigned equal weights. The weightings of each security in the Index may fluctuate between reconstitution dates. The Index is published under the Bloomberg ticker symbol “NDXDWA.”Under normal circumstances, the Fund will invest at least 80% of its total assets in component securities of the Index or in instruments with similar economic characteristics.The Fund will invest principally in the financial instruments listed below.Equity Securities — Common stock issued by public companies.Depositary Receipts — The Fund may invest in depositary receipts, which principally include:American Depositary Receipts (ADRs), which represent the right to receive securities of foreign issuers deposited in a bank or trust company and are an alternative to purchasing the underlying securities in their national markets and currenciesProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with its investment objective. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide exposure consistent with the investment objective, without regard to market conditions, trends or direction. The Fund will generally use a “replication strategy” to achieve its investment objective, meaning that it will invest in all of the component securities of the Index in approximately the same proportion as the Index. However, the Fund may also use a “representative sampling” strategy to invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining exposure with aggregate characteristics similar to those of the Index. For example, the Fund may utilize a representative sampling strategy when the Advisor believes a replication strategy might be detrimental or disadvantageous to shareholders, such as when buying each security in an Index is impracticable or inefficient, or when there are practical difficulties or additional costs involved in replicating an Index. The Fund also may use representative sampling if the Advisor believes one or more securities in the Index becomes illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to theFund.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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QQQA - Performance

Return Ranking - Trailing

Period QQQA Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -44.2% 26.6% 95.34%
1 Yr 32.2% -98.5% 150.0% 81.15%
3 Yr 2.0%* -74.2% 26.3% N/A
5 Yr N/A* -61.2% 23.2% N/A
10 Yr N/A* -35.6% 18.2% N/A

* Annualized

Return Ranking - Calendar

Period QQQA Return Category Return Low Category Return High Rank in Category (%)
2023 24.5% -98.8% 81.6% N/A
2022 -29.3% -39.5% 48.7% N/A
2021 N/A -13.0% 34.8% N/A
2020 N/A -27.1% 10.6% N/A
2019 N/A -15.9% 33.2% N/A

Total Return Ranking - Trailing

Period QQQA Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -44.2% 26.6% 95.89%
1 Yr 32.2% -98.5% 150.0% 81.58%
3 Yr 2.0%* -74.2% 32.9% N/A
5 Yr N/A* -61.2% 22.9% N/A
10 Yr N/A* -35.6% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period QQQA Return Category Return Low Category Return High Rank in Category (%)
2023 24.6% -98.8% 81.6% N/A
2022 -29.1% -39.5% 48.7% N/A
2021 N/A -13.0% 34.8% N/A
2020 N/A -16.8% 10.6% N/A
2019 N/A -15.9% 35.6% N/A

QQQA - Holdings

Concentration Analysis

QQQA Category Low Category High QQQA % Rank
Net Assets 12.1 M 189 K 222 B 94.95%
Number of Holdings 26 2 3509 97.08%
Net Assets in Top 10 6.5 M -1.37 M 104 B 93.09%
Weighting of Top 10 53.67% 9.4% 100.0% 19.88%

Top 10 Holdings

  1. Constellation Energy Corp. 6.47%
  2. NVIDIA Corp. 6.27%
  3. Meta Platforms, Inc., Class A 5.68%
  4. DoorDash, Inc., Class A 5.19%
  5. PACCAR, Inc. 5.11%
  6. Broadcom, Inc. 5.09%
  7. Synopsys, Inc. 5.03%
  8. Crowdstrike Holdings, Inc., Class A 4.96%
  9. Amazon.com, Inc. 4.96%
  10. Cadence Design Systems, Inc. 4.91%

Asset Allocation

Weighting Return Low Return High QQQA % Rank
Stocks
99.87% 0.00% 107.71% 12.36%
Other
0.15% -2.66% 17.15% 11.05%
Preferred Stocks
0.00% 0.00% 4.41% 59.17%
Convertible Bonds
0.00% 0.00% 1.94% 56.72%
Cash
0.00% -10.83% 87.35% 94.93%
Bonds
0.00% -1.84% 98.58% 56.18%

Stock Sector Breakdown

Weighting Return Low Return High QQQA % Rank
Utilities
0.00% 0.00% 16.07% 0.54%
Technology
0.00% 0.00% 69.82% 60.37%
Real Estate
0.00% 0.00% 29.57% 85.18%
Industrials
0.00% 0.00% 30.65% 12.98%
Healthcare
0.00% 0.00% 39.76% 42.17%
Financial Services
0.00% 0.00% 43.06% 99.23%
Energy
0.00% 0.00% 41.09% 79.72%
Communication Services
0.00% 0.00% 66.40% 90.40%
Consumer Defense
0.00% 0.00% 25.50% 5.45%
Consumer Cyclical
0.00% 0.00% 62.57% 27.65%
Basic Materials
0.00% 0.00% 22.00% 87.40%

Stock Geographic Breakdown

Weighting Return Low Return High QQQA % Rank
US
99.87% 0.00% 105.43% 71.83%
Non US
0.00% 0.00% 54.22% 15.27%

QQQA - Expenses

Operational Fees

QQQA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.01% 7.09% 83.45%
Management Fee 0.58% 0.00% 1.50% 38.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

QQQA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

QQQA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 5.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

QQQA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% N/A

QQQA - Distributions

Dividend Yield Analysis

QQQA Category Low Category High QQQA % Rank
Dividend Yield 0.20% 0.00% 19.33% 15.24%

Dividend Distribution Analysis

QQQA Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

QQQA Category Low Category High QQQA % Rank
Net Income Ratio N/A -6.13% 2.90% 0.08%

Capital Gain Distribution Analysis

QQQA Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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QQQA - Fund Manager Analysis

Managers

Michael Neches


Start Date

Tenure

Tenure Rank

May 18, 2021

1.04

1.0%

Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.

Devin Sullivan


Start Date

Tenure

Tenure Rank

May 18, 2021

1.04

1.0%

Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.09 2.92