Basic Fund Data
Fund Provider:	ProShare Advisors
Asset Class:	Equity
Fund Category:	Inverse
Ticker:	QID
Expense Ratio:	0.95%
Fund Category Expense Ratio Average:	0.90%
Options:	Yes
Fund Inception Date:	07-11-2006
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Non-diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	NASDAQ-100 (2x inverse)
Index Provider:	Nasdaq
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Screened
Security Selection Method:	Exchange
Security Selection Frequency:	Ongoing
Index Weighting Category:	Fixed Weight
Index Weighting Method:	Leveraged Inverse x2
Index Weighting Frequency:	Daily

Market Price Return
1-Year:	-56.36%
3-Year annualized:	-18.72%
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	-57.8
2008:	77.18
2007:	-27.11%
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$1069.6
P/E Ratio:
P/B Ratio:
Median Market Cap:
12-month yield:	0%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	-1.82
Beta:	-1.88
Standard Deviation:	12.4
Sharpe Ratio:	-0.5
Data as of 10/31/09

Index Snapshot:

The ProShares UltraShort QQQ (Ticker: QID) seeks daily investment results, before fees and expenses, that correspond to TWICE (200%) the INVERSE (opposite) of the daily performance of the NASDAQ-100. The index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/ wholesale trade and biotechnology. It does not contain securities of financial companies including investment companies. The NASDAQ-100 Index is calculated under a modified capitalization-weighted methodology.