QQQAProShares Nasdaq-100 Dorsey Wright Momentum ETF

Grow my money5y track recordRanked #1,816 of 2,960 in this goal

Seeks investment results that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index.

By ProShares · Launched 2021

Annual Cost

0.58%

#2,930 of 5,562 · average

Fund Size

$45M

#3,653 of 5,562 · mid-size

Return (1Y)Goal

+90.6%

Track Record

5 years

#2,378 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$19,288+92.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index tracking

Factor

Momentum

Index tracked

Nasdaq-100 Dorsey Wright Momentum Index

What it actually holds

By weight

Concentration

Top 10 holdings = 53.9% of fundmoderately concentrated

Warner Bros Discovery, Inc.

6.5%

Micron Technology, Inc.

6.0%

Broadcom, Inc.

5.7%

KLA Corp.

5.5%

Lam Research Corp.

5.5%

Intel Corp.

5.1%

Amazon.com, Inc.

5.0%

Gilead Sciences, Inc.

4.9%

AppLovin Corp.

4.8%

Tesla, Inc.

4.8%

Asset allocation

Stocks

100.0%

Cash

0.0%

By sector

Technology

69.2%

Communication

13.4%

Energy

7.3%

Healthcare

6.4%

Consumer Cyclical

3.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

29.4%High

Year-on-year price swings

Max drawdown

-38.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.08Strong risk-adjusted returns

Sortino (3Y)

1.55Good downside protection

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks investment results that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index.
Strategy: Invests primarily in financial instruments to track the Nasdaq-100 Dorsey Wright Momentum Index, which measures the performance of the 21 securities from the Nasdaq-100 Index with the highest momentum. The Index is rebalanced quarterly and equally weights its components.
Inception date: May 18, 2021
Fund family: ProShares