QID Stock Summary and Trading Ideas (ProShares Ultrashort QQQ | ARCA:QID)

ProShares UltraShort QQQ seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index .

ProShares Ultrashort QQQ trades on the ARCA stock market under the symbol QID.

As of October 16, 2026, QID stock price climbed to $13.90 with 10,358,665 million shares trading.

QID has a beta of -2.81, meaning it tends to be less sensitive to market movements. QID has a correlation of 0.85 to the broad based SPY ETF.

QID has a market cap of $236.28 million. This is considered a Small Cap stock.

In the last 3 years, QID traded as high as $76.70 and as low as $12.41.

QID has underperformed the market in the last year with a return of -31.0%, while the SPY ETF gained +17.1%. In the last 3 month period, QID fell short of the market, returning -1.1%, while SPY returned +2.5%. However, in the most recent 2 weeks QID has outperformed the stock market by returning +6.1%, while SPY returned +1.0%.

QID support price is $13.37 and resistance is $13.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QID shares will trade within this expected range on the day.