PSQ

📎 Investment Objective

The ProShares Short QQQ (PSQ) ETF seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the Nasdaq-100 Index.

✨ Key Features

• Provides inverse exposure to the Nasdaq-100 Index, which tracks the 100 largest non-financial companies listed on the Nasdaq stock exchange
• Designed for short-term tactical or hedging purposes, not long-term buy-and-hold investing
• Resets daily, so long-term returns may not match the inverse of the index performance
• Has very low assets under management and an expense ratio of 0.00%

⚠️ Primary Risks

• Inverse/leveraged funds can experience significant volatility and losses, especially over longer holding periods
• Potential for divergence between the fund's performance and the inverse of the underlying index
• Counterparty risk associated with the swap agreements used to achieve inverse exposure
• Low trading volume and assets under management may impact liquidity and increase trading costs

👤 Best For

This ETF is best suited for experienced, short-term traders and investors looking to hedge or speculate on declines in the Nasdaq-100 Index. It is not recommended for long-term buy-and-hold investors due to the daily resetting nature of the fund.