Proshares Nasdaq-100 Dynamic Buffer ETF (QB US)
QB US$48.52
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 48.52
- Change
- ▼ -0.01 (-0.02)
- Bid / Ask
- 48.23 - 48.85
- Volume
- 110
- Turnover
- 5,337
- Open
- 48.52
- Day Range
- 48.52 - 48.52
- VWAP
- 48.52
- Prev Close
- 48.53
- Last Trade
- 28/10 9:30am
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$3.9M
OCT 2026
Distributions
Annually
Since inception
1.3 yrs
JUN 2025
- Legal name
- ProShares Nasdaq-100 Dynamic Buffer ETF
- Issuer
- ProShares
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Defined Outcome
- Category index
- Morningstar Mod Agg Tgt Risk TR USD
- Benchmark
- NASDAQ 100 TR USD
- ETF net assets
- $3.9M
- Units on issue
- 80,001
- Management fee
- 0.58% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 24 JUN 2025
- Listed
- 26 JUN 2025
- Index provider
- NASDAQ Index
Objective and strategy
The investment seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dynamic Buffer Index. The index measures the performance of this Dynamic Buffer Strategy based on the Nasdaq-100 Index using a long position in the Nasdaq-100 Index along with three different Nasdaq-100 Index options that have one day to expiration. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 176.91%Non-US equity 2.39%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 179.30 | 179.30 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | -79.30 | 20.28 | 99.58 |
| Other | 0.00 | 20.81 | 20.81 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 12.54%Sensitive 76.18%Defensive 11.29%
- Basic Materials
- 1.04%
- Consumer Cyclical
- 11.33%
- Financial Services
- 0.17%
- Real Estate
- 0.00%
- Communication Services
- 14.28%
- Energy
- 0.51%
- Industrials
- 2.78%
- Technology
- 58.61%
- Consumer Defensive
- 6.41%
- Healthcare
- 3.71%
- Utilities
- 1.17%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.67%Emerging markets 0.33%
- North America
- 99.11%
- Latin America
- 0.20%
- United Kingdom
- 0.10%
- Europe Developed
- 0.46%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.13%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 98.67%
- Netherlands
- 0.46%
- Canada
- 0.44%
- Brazil
- 0.20%
- China
- 0.13%
- United Kingdom
- 0.10%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Growth
- Average moat
- Wide
Size score
311
Small
Mid
Large
Value-growth score
218
Value
Blend
Growth
Economic moat
Wide 67%Narrow 22%None 11%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 54.90%
- Large
- 35.04%
- Mid
- 10.06%
- Small
- 0.00%
- Micro
- 0.00%
Giant 55%Large 35%Mid 10%
- Average market cap
- $740.02B
- Number of holdings
- 108
- Shares held
- 102
Portfolio statistics · 31 MAY 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 34.03
- Price / book
- 9.20
- Price / sales
- 6.44
- Price / cash flow
- 24.60
- Dividend yield
- 0.54%
- Assets in top 10
- 123.26%
- Return on equity
- 37.20%
- Net margin
- 26.77%
Top holdings · top 10 = 123.26% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Total Return Swap | 78.81 | — | 1.8M | USD | 4,043 | — | United States | |
| NVIDIA Corp NVDA | 8.20 | AUG 2025 | 191,715 | USD | 908 | Technology | United States | |
| Apple Inc AAPL | 7.32 | AUG 2025 | 171,009 | USD | 548 | Technology | United States | |
| Microsoft Corp MSFT | 5.34 | AUG 2025 | 124,716 | USD | 277 | Technology | United States | |
| Micron Technology Inc MU | 4.82 | AUG 2025 | 112,636 | USD | 116 | Technology | United States | |
| Amazon.com Inc AMZN | 4.66 | AUG 2025 | 108,797 | USD | 402 | Consumer Cyclical | United States | |
| Advanced Micro Devices Inc AMD | 3.71 | AUG 2025 | 86,705 | USD | 168 | Technology | United States | |
| Alphabet Inc Class A GOOGL | 3.55 | AUG 2025 | 82,914 | USD | 218 | Communication Services | United States | |
| Tesla Inc TSLA | 3.47 | AUG 2025 | 81,057 | USD | 186 | Consumer Cyclical | United States | |
| Broadcom Inc AVGO | 3.38 | AUG 2025 | 79,078 | USD | 177 | Technology | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
1.1
3M
5.0
6M
14.3
YTD
16.8
1Y
20.3
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | 1.13 | 1.09 | — | 10 / 535 |
| 3 months | 4.96 | 4.87 | — | 1 / 504 |
| 6 months | 14.27 | 14.02 | — | 7 / 456 |
| Year to date | 16.79 | 16.16 | — | 1 / 438 |
| 1 year | 20.25 | 20.11 | — | 1 / 417 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 11.02 | — | — | — |
| Beta | 0.33 | — | — | — |
| R-squared | 69.57 | — | — | — |
| Standard deviation | 5.26 | — | — | — |
| Sharpe ratio | 2.83 | — | — | — |
| Sortino ratio | 16.14 | — | — | — |
| Tracking error | 9.27 | — | — | — |
| Information ratio | 0.49 | — | — | — |
| Upside capture % | 60.35 | — | — | — |
| Downside capture % | -72.38 | — | — | — |
Measured against S&P 500 (TR) (1970) with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.58% p.a.
- PDS dated
- 28 SEP 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.0433
- Ex Date
- 23 SEP 2026
- Record Date
- 23 SEP 2026
- Pay Date
- 29 SEP 2026
- NAV at ex date
- 49.48
- Paid this year
- 0.2080
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.2
| Year | Per unit ($) |
|---|---|
| 2024 | 0.2025 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 23 SEP 2026 | 0.0433 |
| 24 JUN 2026 | 0.0766 |
| 25 MAR 2026 | 0.0881 |
| 24 DEC 2025 | 0.1647 |
| 24 SEP 2025 | 0.0379 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
High
ESG risk score
17.02
Negligible
Low
Medium
High
Severe
Category average 20.47
- Rank in category
- 7th percentile of 2,058 funds
- Environmental risk
- 5.07
- Social risk
- 7.55
- Governance risk
- 4.19
- Portfolio covered
- 100.0%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.78%
- Low
- 79.83%
- Medium
- 18.91%
- High
- 0.49%
- Severe
- 0.00%
9.76% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
3.70
Low
Medium
High
Severe
Category average 6.67
- Carbon risk
- Low Risk
- Fossil fuel involvement
- 2.04%
- Category average
- 5.72%
- Low Carbon Designation
- Yes
- Portfolio covered
- 100.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Michael Neches
- Devin Sullivan
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 1.3 years
- Longest tenure
- 1.3 years
- Longest serving
- Michael Neches, Devin Sullivan · since 24 JUN 2025
- Most recent appointment
- Michael Neches, Devin Sullivan · since 24 JUN 2025
- Managed since
- 24 JUN 2025
- Other funds managed
- 200
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
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