ProShares UltraPro Short QQQ
As of its 2026 Q2 report, ProShares UltraPro Short QQQ held 12 positions with $2.23B in net assets. Its ten largest holdings made up 200.2% of the fund. The SQQQ share class costs 0.95% a year. Over the 12 months to May 2026, SQQQ lost 65.9%, with dividends reinvested. In 2026 Q2 it added 8 new positions and exited 3.
ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index (the Index).
The fund seeks daily investment results that correspond to three times the inverse of the daily performance of the Nasdaq-100 Index, using derivatives including swap agreements and futures contracts to obtain this exposure. Results over periods longer than a single day will not equal three times the inverse of the index's return. The fund rebalances daily to maintain its target exposure, and may invest in a representative sample of index securities or financial instruments rather than holding all constituents.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
ProShares GENIUS Money Market ETF | 104.36% | $2.33B | — |
U.S. Treasury Bills | 20.07% | $447.97M | — |
U.S. Treasury Bills | 17.88% | $399.03M | — |
United States of America | 13.43% | $299.76M | — |
United States of America | 10.98% | $244.93M | — |
United States of America | 8.95% | $199.80M | — |
U.S. Treasury Bills | 8.93% | $199.28M | — |
United States of America | 8.90% | $198.67M | — |
Repurchase Agreement | 3.37% | $75.13M | — |
United States of America | 3.34% | $74.55M | — |
All 12 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Other | 104.36% |
| Cash & short-term | 95.86% |
| Derivatives | -103.23% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
How it has done
SQQQ share class · total returns with dividends reinvested
Volatility over the last 12 months: 49.68%. Past returns are a record, not a forecast.
Fees & fund details
- Expense ratio, by class
- 0.95%· SQQQ 0.95%
- Portfolio turnover
- 0.00% a year · as of 2025 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
8 new· the largest 2
3 exited· the largest 1
Understand how this fund fits with the rest.
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