SQQQ – ProShares UltraPro Short QQQ – ETF Investment Strategy | Morningstar

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Strategy

The investment 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 fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SQQQ	ProShares UltraPro Short QQQ	ETF	Open	—	—	Feb 9, 2010	—	0.950%	—	—	—
SQQQ	ProShares UltraPro Short QQQ	ETF	Open	—	—	Feb 9, 2010	$2.02B	0.950%	—	—	$491.40M

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