ProShares launches two new ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
0mins
Source: SeekingAlpha
New ETFs Launch: ProShares has launched two new exchange-traded funds, ProShares Ultra Top QQQ (QQUP) and ProShares UltraShort Top QQQ (QQDN).
Investment Targets: QQUP aims for 2x daily returns of the Nasdaq-100 Mega Index, while QQDN seeks -2x daily returns of the same index.
Analyst Views on QQDN
Wall Street analysts forecast QQDN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QQDN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 27.345
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Current: 27.345
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
