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QDTE

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

QDTE.US represents the ProShares UltraPro Short QQQ ETF. This exchange-traded fund (ETF) 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. Due to the effects of compounding, holding periods longer than a single day can cause returns to differ significantly from the target, and this fund is generally not suitable for long-term investment strategies. It is designed for sophisticated investors seeking to potentially profit from short-term declines in the Nasdaq-100 Index.
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Factors

QDTE.US's Price Drivers: Underlying Index Performance: QDTE.US tracks an index, so its price largely mirrors that index's movements. Positive index returns typically increase the ETF's price, and vice versa. Component Stock Performance: The stocks within the tracked index directly impact QDTE.US's price. Strong performance from major holdings can boost the ETF. Currency Exchange Rates: As QDTE.US invests internationally, fluctuations in exchange rates affect returns when converting foreign gains back to USD. Supply and Demand: High demand for QDTE.US can drive up its price, while increased selling pressure can lower it. Investor Sentiment: Overall market optimism or pessimism influences investor decisions to buy or sell QDTE.US, impacting its price.

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