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 .

What symbol and exchange does ProShares Ultrashort QQQ shares trade?

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

What is ProShares Ultrashort QQQ stock price doing today?

As of September 4, 2026, QID stock price declined to $14.15 with 24,822,221 million shares trading.

What is ProShares Ultrashort QQQ's Beta?

QID has a beta of -2.79, meaning it tends to be less sensitive to market movements. QID has a correlation of 0.87 to the broad based SPY ETF.

How much is ProShares Ultrashort QQQ worth?

QID has a market cap of $235.58 million. This is considered a Small Cap stock.

What is the highest and lowest price ProShares Ultrashort QQQ traded in the last 3 year period?

In the last 3 years, QID traded as high as $76.70 and as low as $13.39.

Is ProShares Ultrashort QQQ (QID) a good investment?

QID has underperformed the market in the last year with a price return of -36.2% while the SPY ETF gained +19.8%. However, in the short term, QID had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.7% vs +2.0% return in SPY. But in the last 2 weeks, QID shares have been beat by the market, returning -1.4% compared to an SPY return of +0.6%.

What are the support and resistance levels for ProShares Ultrashort QQQ (QID)?

QID support price is $13.97 and resistance is $14.43 (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.