Overview
Description
ProShares Short QQQ is an exchange-traded fund (ETF) specifically designed to provide investors with inverse exposure to the NASDAQ-100 Index. The fund seeks to deliver the inverse daily performance of the index, offering a means for investors to potentially profit from declines in the market value of the NASDAQ-100. By focusing on short exposure, this ETF is particularly attractive to those looking to hedge against market downturns or capitalize on expected decreases in the underlying index.
The NASDAQ-100 Index includes 100 of the largest non-financial companies listed on the NASDAQ Stock Market, encompassing key sectors like technology, telecommunications, and consumer services. Therefore, ProShares Short QQQ plays a significant role for traders and investors focused on these sectors, especially during volatile market conditions.
As part of ProShares’ extensive family of ETFs, ProShares Short QQQ allows for strategic portfolio diversification and risk management by enabling investors to gain short positions without the need for margin accounts or directly trading derivatives. Its role in financial markets is crucial for tactical portfolio construction and responding to bearish market views.
About
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Instrument type
ETF
Country
United States
MIC code
ARCX