PSQ Performance — ProShares Short QQQ
Data updated: 2026-08-14
PSQ returned −15.85% year to date and −26.85% over one year to May 2026. Annualised returns are −19.33% over 3 years and −14.56% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $52, against $173 for the category, and to $73 over one year, against $137. Volatility over the past three years was 16.21% a year. In the 12 months to May 2026 the fund took in a net $302.0M, and assets reached $658.19M.
PSQ Growth of $100
What $100 invested in ProShares Short QQQ grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | PSQ | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $73 | $137 |
| 3 years (Jun 2023 – May 2026) | $52 | $173 |
| 5 years (Jun 2021 – May 2026) | $46 | $155 |
| Since data start (Sep 2019 – May 2026) | $22 | $181 |
PSQ Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −15.85% |
| 1 year | −26.85% |
| 3 years (annualised) | −19.33% |
| 5 years (annualised) | −14.56% |
PSQ Annual Returns
Calendar-year total returns of ProShares Short QQQ, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −15.85% |
| 2025 | −15.53% |
| 2024 | −15.61% |
| 2023 | −32.06% |
| 2022 | +36.24% |
| 2021 | −24.76% |
| 2020 | −41.22% |
| 2019 (Sep–Dec) | −11.82% |
PSQ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.8% | +2.6% | +5.2% | −13.3% | −9.3% | — | — | — | — | — | — | — |
| 2025 | −1.8% | +3.1% | +8.3% | −3.6% | −8.0% | −5.5% | −1.8% | −0.4% | −4.6% | −4.3% | +1.8% | +1.2% |
| 2024 | −1.3% | −4.6% | −0.6% | +5.1% | −5.3% | −5.3% | +2.0% | −0.8% | −2.1% | +1.3% | −4.6% | 0.0% |
| 2023 | −9.5% | +0.5% | −8.4% | −0.1% | −6.8% | −5.6% | −3.2% | +2.0% | +5.9% | +2.5% | −9.2% | −4.7% |
| 2022 | +8.4% | +3.9% | −5.1% | +14.3% | +0.1% | +8.7% | −11.6% | +5.1% | +11.4% | −4.4% | −5.9% | +10.1% |
| 2021 | −0.7% | −0.4% | −2.3% | −5.8% | +0.8% | −6.2% | −2.9% | −4.2% | +5.8% | −7.6% | −2.1% | −1.7% |
| 2020 | −2.9% | +5.7% | +1.0% | −14.5% | −6.3% | −6.6% | −7.4% | −10.3% | +4.8% | +2.5% | −10.5% | −5.0% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | −4.1% | −3.8% | −3.7% |
PSQ Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.21%
- 3-year Sharpe ratio: -1.47 (vs 4.5% risk-free rate)
- Best month: +8.26% (Mar 2025)
- Worst month: −13.32% (Apr 2026)
PSQ Fund Flows
Monthly money in and out of ProShares Short QQQ, from SEC Form N-PORT.
- 12-month net flow: $302.0M
- 12-month gross sales (incl. reinvestments): $3.1B
- Sales ÷ redemptions: 1.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $460.0M | $265.5M | $194.5M |
| Apr 2026 | $498.5M | $676.4M | −$178.0M |
| Mar 2026 | $515.7M | $387.7M | $128.0M |
| Feb 2026 | $389.8M | $273.6M | $116.2M |
| Jan 2026 | $145.2M | $180.8M | −$35.6M |
| Dec 2025 | $149.7M | $323.4M | −$173.7M |
| Nov 2025 | $433.3M | $244.4M | $188.8M |
| Oct 2025 | $198.9M | $186.4M | $12.5M |
| Sep 2025 | $138.4M | $75.2M | $63.3M |
| Aug 2025 | $98.5M | $84.0M | $14.5M |
| Jul 2025 | $93.5M | $76.7M | $16.7M |
| Jun 2025 | $7.1M | $52.4M | −$45.3M |
PSQ Assets Under Management
Net assets of ProShares Short QQQ by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $658.19M |
| 2026-02-28 | $639.87M |
| 2025-11-30 | $726.89M |
| 2025-08-31 | $511.24M |
| 2025-05-31 | $597.20M |
| 2025-02-28 | $544.21M |
| 2024-11-30 | $471.80M |
| 2024-08-31 | $666.66M |
| 2024-05-31 | $558.91M |
| 2024-02-29 | $595.16M |
| 2023-11-30 | $678.01M |
| 2023-08-31 | $887.88M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.