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) Quote detailsThe data for the ticker QQDN is limited.
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ProShares UltraShort Top QQQ (QQDN) is an exchange-traded fund designed to provide investors with inverse exposure to the performance of the NASDAQ-100 Index on a daily basis. By employing a strategy that combines various financial instruments, the fund seeks to deliver daily returns that correspond to -2x the performance of the index. This leveraged approach is ideal for investors looking to hedge against market volatility or capitalize on short-term declines in the technology sector and other growth-oriented companies within the NASDAQ-100. As such, QQDN serves as a tactical tool for sophisticated institutional investors aiming to navigate complex market conditions.