QQDN:NASDAQProShares UltraShort QQQ Mega Analysis
Data as of 2026-09-08 - not real-time
$20.48
Latest Price
8/10Risk
Risk Level: High
Executive Summary
The moving-average structure behind ProShares UltraShort QQQ Mega is bearish at $20.48, with short-term averages lagging the long-term ones. The last 30 days have lost 14.9%. RSI sits at 43.8, which reads as neutral, and MACD momentum is bearish. Watch $19.90 as support and $21.57 as the nearer resistance level.
The 0.95% expense ratio is middling for its category, and the fund manages $1.0M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 40.3%, a beta of -2.83 and a maximum drawdown of 43.7%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 2/10 long-term conviction.
The 0.95% expense ratio is middling for its category, and the fund manages $1.0M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 40.3%, a beta of -2.83 and a maximum drawdown of 43.7%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 2/10 long-term conviction.
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 6/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 24.90
- MACD momentum is negative
Medium Term
1–3 yearsCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 24.90
- 30-day volatility of 40.3%
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- 30-day volatility of 40.3%
- Beta of -2.83 versus the benchmark
- Thin trading liquidity raises execution risk
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.95%
AUM$1.0M
Inception Date2025-06-10
Avg Daily Volume1,930
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield6.02%
Technical Analysis
TrendBearish
RSI43.8
Support$19.90
Resistance$21.57
MA 20$20.83
MA 50$21.91
MA 200$24.90
MACDBearish
VolumeIncreasing
Fear & Greed Index93.93
Risk Assessment
Beta-2.83
Volatility40.34%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.