EQQQ — ProShares Ultra QQQ Equal Weight

EQQQ Fund Overview

EQQQ — ProShares Ultra QQQ Equal Weight is a US mutual fund managed by Proshares Trust, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Proshares Trust
• Category: Leveraged
• Ticker: EQQQ
• SEC CIK: 0001174610
• SEC series ID: S000105248
• Share class ID: C000275988

EQQQ Investment Objective and Strategy

ProShares Ultra QQQ Equal Weight describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Proshares Trust.

Investment objective

ProShares Ultra QQQ Equal Weight (the “Fund”) seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the daily performance of the Nasdaq-100 Equal Weighted Index (the “Index”).

Principal investment strategy

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The Index is designed to measure the performance of companies listed in the Nasdaq-100 Index on an equal weight basis. The Nasdaq-100 Index is designed to measure the performance of 100 of the largest non-financial companies listed on the Nasdaq Global Select Market or the Nasdaq Global Market (which include both U.S. and non-U.S. companies). The Index’s composition and the assigned weights are reevaluated every December, with additional weight adjustments occurring in March, June, and September. The Index is constructed and maintained by Nasdaq Inc. More information about the Index is published under the Bloomberg ticker symbol “NDXE”. The Fund will invest principally in the financial instruments listed below.

● Equity Securities — Common stock issued by public companies. ● Derivatives — Financial instruments whose value is derived from the value of an underlying asset or rate, such as stocks, bonds, exchange-traded funds, interest rates or indexes. The Fund invests in derivatives (e.g. swap on the Index) in order to gain leveraged exposure to the Index. These derivatives principally include: ○ Swap Agreements — Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or “swap” payments based on the change in value of an underlying asset or benchmark. For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument.

○ Futures Contracts — Standardized contracts that obligate the parties to buy or sell an asset at a predetermined price and date in the future. ● Money Market Instruments — The Fund expects that any cash balances maintained in connection with its use of derivatives will

EQQQ Costs and Fees

EQQQ costs about $95 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.95%
• Gross expense ratio: 1.12%

EQQQ Debt Constituents

No individual debt constituents are reported in ProShares Ultra QQQ Equal Weight's latest SEC N-PORT filing.

EQQQ Prospectus and SEC Filings

Official ProShares Ultra QQQ Equal Weight filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 0001-05-24

Related Funds

Other Leveraged funds tracked on ABC INVEST:

• ProShares UltraPro QQQ (TQQQ)
• JPMorgan Ultra-Short Income ETF (JPST)
• Ultra Fund (TWCUX)
• Oakmark Fund (OAKMX)
• Ultra Short Income Portfolio (MUIIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.