QB

Nasdaq-100 Dynamic Buffer ETF

QB aims to provide upside participation in the Nasdaq-100, with downside mitigation and lower volatility. The strategy involves a daily cap and a daily target buffer that are adjusted based on expected market volatility.

 

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Investment Objective

Nasdaq-100 Dynamic Buffer ETF seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dynamic Buffer Index.

Documents & Downloads
Statutory Prospectus
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Summary Prospectus
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Statement of Add'l Information
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NAV History
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You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 6/30/2025
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
QB Market Price -- -- -- -- -- -- -- -- 0.83% 06/24/2025
QB NAV -- -- -- -- -- -- -- -- 0.71% 06/24/2025
Nasdaq-100 Dynamic Buffer Index -- -- -- -- -- -- -- -- 0.74% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    QB
  • Intraday Ticker
    QB.IV
  • CUSIP
    74349Y597
  • Inception Date
    6/24/25
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 8/05/2025
  • NAV
    $40.19
  • NAV Change
    $-0.07 down caret
  • Market Price
    $40.22
  • Market Price Change
    $-0.06 down caret
  • Trading Volume (M)
    18
  • 30-Day Median Bid Ask Spread
    0.25%
  • View Premium / Discount
Snapshot
  • Ticker
    QB
  • Intraday Ticker
    QB.IV
  • CUSIP
    74349Y597
  • Inception Date
    6/24/25
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 8/05/2025
  • NAV
    $40.19
  • NAV Change
    $-0.07 down caret
  • Market Price
    $40.22
  • Market Price Change
    $-0.06 down caret
  • Trading Volume (M)
    18
  • 30-Day Median Bid Ask Spread
    0.25%
  • View Premium / Discount

Exposures

Index as of 6/16/2025

Holdings

as of 8/05/2025

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
100.11% -- NASDAQ-100 DYNAMIC BUFFER OPTION ONLY INDEX SWAP GOLDMAN SACHS INTERNATIONAL 6,438,033 -- 9,715 --
9.42% NVDA NVIDIA CORP -- $605,549.22 3,397 2379504
8.49% MSFT MICROSOFT CORP -- $545,693.50 1,034 2588173
7.19% -- NASDAQ 100 E-MINI EQUITY INDEX 19/SEP/2025 NQU5 INDEX 462,640 -- 01 --
6.57% AAPL APPLE INC -- $422,276.52 2,081 2046251
4.93% AVGO BROADCOM INC -- $316,950.26 1,082 BDZ78H9
4.91% AMZN AMAZON.COM INC -- $315,708.75 1,477 2000019
3.59% META META PLATFORMS INC-CLASS A -- $230,564.92 302 B7TL820
2.64% NFLX NETFLIX INC -- $169,884.76 148 2857817
2.45% GOOGL ALPHABET INC-CL A -- $157,488.03 809 BYVY8G0
2.43% TSLA TESLA INC -- $156,212.32 506 B616C79
2.31% GOOG ALPHABET INC-CL C -- $148,247.88 759 BYY88Y7
2.26% COST COSTCO WHOLESALE CORP -- $145,319.02 154 2701271
2.09% PLTR PALANTIR TECHNOLOGIES INC-A -- $134,110.98 774 BN78DQ4
1.50% AMD ADVANCED MICRO DEVICES -- $96,567.74 554 2007849
1.45% TMUS T-MOBILE US INC -- $93,182.70 390 B94Q9V0
1.43% CSCO CISCO SYSTEMS INC -- $91,692.16 1,358 2198163
1.19% LIN LINDE PLC -- $76,583.92 163 BNZHB81
1.14% INTU INTUIT INC -- $73,080.65 95 2459020
1.01% PEP PEPSICO INC -- $65,262.60 468 2681511
0.93% BKNG BOOKING HOLDINGS INC -- $60,036.46 11 BDRXDB4
0.93% ISRG INTUITIVE SURGICAL INC -- $59,625.00 125 2871301
0.89% TXN TEXAS INSTRUMENTS INC -- $57,474.00 310 2885409
0.86% QCOM QUALCOMM INC -- $55,309.67 377 2714923
0.86% AMGN AMGEN INC -- $55,214.72 184 2023607
0.82% SHOP SHOPIFY INC - CLASS A -- $52,832.00 416 BXDZ9Z0
0.78% ADBE ADOBE INC -- $50,472.26 149 2008154
0.76% AMAT APPLIED MATERIALS INC -- $48,907.95 273 2046552
0.76% HON HONEYWELL INTERNATIONAL INC -- $48,633.20 220 2020459
0.74% GILD GILEAD SCIENCES INC -- $47,795.50 425 2369174
0.66% ADP AUTOMATIC DATA PROCESSING -- $42,520.48 142 2065308
0.66% LRCX LAM RESEARCH CORP -- $42,249.16 437 BSML4N7
0.65% MU MICRON TECHNOLOGY INC -- $41,769.98 383 2588184
0.65% CMCSA COMCAST CORP-CLASS A -- $41,482.76 1,276 2044545
0.64% MELI MERCADOLIBRE INC -- $40,936.34 17 B23X1H3
0.63% KLAC KLA CORP -- $40,636.86 46 2480138
0.62% SNPS SYNOPSYS INC -- $39,595.50 63 2867719
0.61% APP APPLOVIN CORP-CLASS A -- $39,304.72 104 BMV3LG4
0.60% PANW PALO ALTO NETWORKS INC -- $38,552.52 228 B87ZMX0
0.58% CRWD CROWDSTRIKE HOLDINGS INC - A -- $37,548.75 85 BJJP138
0.58% ADI ANALOG DEVICES INC -- $37,515.60 170 2032067
0.57% CEG CONSTELLATION ENERGY -- $36,418.42 106 BMH4FS1
0.55% DASH DOORDASH INC - A -- $35,483.92 139 BN13P03
0.55% SBUX STARBUCKS CORP -- $35,087.80 389 2842255
0.52% CDNS CADENCE DESIGN SYS INC -- $33,526.50 93 2302232
0.51% VRTX VERTEX PHARMACEUTICALS INC -- $32,623.26 87 2931034
0.50% MSTR MICROSTRATEGY INC-CL A -- $32,289.56 86 2974329
0.49% CTAS CINTAS CORP -- $31,423.26 141 2197137
0.48% TRI THOMSON REUTERS CORP -- $31,171.92 156 BNBXPB4
0.47% INTC INTEL CORP -- $30,184.05 1,495 2463247
0.47% ORLY O'REILLY AUTOMOTIVE INC -- $29,953.39 293 B65LWX6
0.43% MDLZ MONDELEZ INTERNATIONAL INC-A -- $27,661.20 444 B8CKK03
0.40% PDD PDD HOLDINGS INC -- $25,677.36 228 BYVW0F7
0.39% FTNT FORTINET INC -- $25,399.44 264 B5B2106
0.38% MAR MARRIOTT INTERNATIONAL -CL A -- $24,153.96 93 2210614
0.36% CSX CSX CORP -- $22,994.25 645 2160753
0.35% MRVL MARVELL TECHNOLOGY INC -- $22,605.85 295 BNKJSM5
0.35% AXON AXON ENTERPRISE INC -- $22,545.12 26 BDT5S35
0.35% PYPL PAYPAL HOLDINGS INC -- $22,519.56 332 BYW36M8
0.34% ADSK AUTODESK INC -- $21,841.60 73 2065159
0.32% ASML ASML HOLDING NV-NY REG SHS -- $20,688.90 30 B908F01
0.32% AEP AMERICAN ELECTRIC POWER -- $20,609.68 182 2026242
0.32% REGN REGENERON PHARMACEUTICALS -- $20,516.40 36 2730190
0.31% MNST MONSTER BEVERAGE CORP -- $19,660.32 333 BZ07BW4
0.30% ROP ROPER TECHNOLOGIES INC -- $19,365.48 36 2749602
0.30% ABNB AIRBNB INC-CLASS A -- $19,104.12 147 BMGYYH4
0.28% NXPI NXP SEMICONDUCTORS NV -- $17,928.42 86 B505PN7
0.28% FAST FASTENAL CO -- $17,903.36 394 2332262
0.27% PCAR PACCAR INC -- $17,577.80 179 2665861
0.27% IDXX IDEXX LABORATORIES INC -- $17,332.38 27 2459202
0.27% PAYX PAYCHEX INC -- $17,119.14 123 2674458
0.26% WDAY WORKDAY INC-CLASS A -- $16,423.54 73 B8K6ZD1
0.25% ROST ROSS STORES INC -- $16,022.27 113 2746711
0.24% KDP KEURIG DR PEPPER INC -- $15,493.80 465 BD3W133
0.24% EXC EXELON CORP -- $15,462.74 346 2670519
0.24% CCEP COCA-COLA EUROPACIFIC PARTNE -- $15,437.81 157 BYQQ3P5
0.24% CPRT COPART INC -- $15,359.85 330 2208073
0.24% ZS ZSCALER INC -- $15,225.84 54 BZ00V34
0.24% AZN ASTRAZENECA PLC-SPONS ADR -- $15,119.44 203 2989044
0.23% BKR BAKER HUGHES CO -- $14,854.98 339 BDHLTQ5
0.23% XEL XCEL ENERGY INC -- $14,598.54 198 2614807
0.23% FANG DIAMONDBACK ENERGY INC -- $14,568.00 100 B7Y8YR3
0.23% DDOG DATADOG INC - CLASS A -- $14,490.46 109 BKT9Y49
0.22% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $14,007.04 62 2122117
0.22% CSGP COSTAR GROUP INC -- $13,904.64 144 2262864
0.21% EA ELECTRONIC ARTS INC -- $13,523.16 84 2310194
0.21% TTD TRADE DESK INC/THE -CLASS A -- $13,418.10 153 BD8FDD1
0.20% CHTR CHARTER COMMUNICATIONS INC-A -- $13,033.02 49 BZ6VT82
0.20% VRSK VERISK ANALYTICS INC -- $12,706.56 48 B4P9W92
0.19% MCHP MICROCHIP TECHNOLOGY INC -- $12,419.05 185 2592174
0.18% CTSH COGNIZANT TECH SOLUTIONS-A -- $11,603.40 166 2257019
0.17% KHC KRAFT HEINZ CO/THE -- $11,059.36 409 BYRY499
0.17% GEHC GE HEALTHCARE TECHNOLOGY -- $11,035.44 156 BL6JPG8
0.17% WBD WARNER BROS DISCOVERY INC -- $10,888.32 856 BM8JYX3
0.16% ODFL OLD DOMINION FREIGHT LINE -- $10,447.65 71 2656423
0.16% TEAM ATLASSIAN CORP-CL A -- $10,384.64 56 BQ1PC76
0.16% DXCM DEXCOM INC -- $10,111.64 134 B0796X4
0.12% LULU LULULEMON ATHLETICA INC -- $7,607.73 39 B23FN39
0.12% CDW CDW CORP/DE -- $7,435.80 45 BBM5MD6
0.11% ON ON SEMICONDUCTOR -- $6,897.04 146 2583576
0.10% BIIB BIOGEN INC -- $6,378.72 48 2455965
0.10% GFS GLOBALFOUNDRIES INC -- $6,264.80 191 BMW7F63
0.10% ARM ARM HOLDINGS PLC-ADR -- $6,175.35 45 BNSP5P7
-- -- NET OTHER ASSETS (LIABILITIES) -- $464,538.12 464,538 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

Options Position
as of 8/05/2025
  • TypeNasdaq-100 Index
  • Expiration Date8/06/2025
  • Strike Price - Short Call23,340
  • Strike Price - Long Put23,160
  • Strike Price - Short Put22,710
  • FIGI - Short CallBBG01WFCWV29
  • FIGI - Long PutBBG01WFBP7H6
  • FIGI - Short PutBBG01WFCXF23
Characteristics
as of 6/16/2025
  • Total Number of Companies101
  • Price/Earnings Ratio7.92
  • Price/Book Ratio32.71
  • Dividend Yield ( % )0.99
  • Avg. Index Market Capitalization$299.14 billion
About the Index

The index measures the performance of a long position in the Nasdaq 100 Index along with three Nasdaq Weeklys Index options, consisting of a short call, a long put, and a short put, one day from the maturity date.

Distributions

This fund has not made any distributions.

Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

Each ProShares Dynamic Buffer ETF’s Index employs a Dynamic Daily Buffer Strategy that combines long exposure to an underlying broad-based index with both long and short options on the underlying index having one day to expiration. This combination targets upside participation, up to a daily Cap, while seeking to provide a level of downside protection–or “Target Buffer”–against losses ranging from the first 1% of losses to as much as the first 5% of losses each day. The Target Buffer adjusts dynamically each day based on the level of expected market volatility, targeting a greater level of protection when expected market volatility is higher. The strategy’s Cap on daily upside participation is adjusted dynamically in a similar manner and is designed to be lower when expected volatility is lower, and higher when expected volatility is higher.

Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and entail certain risks, including risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, and market price variance, all of which can increase volatility and decrease performance. Please see summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

There can be no guarantee that the ETF’s Dynamic Daily Buffer Strategy will provide a level of downside protection up to the Target Buffer, or that the ETF will participate in upside returns up to the daily Cap. The ETF may underperform its underlying index over short or long periods of time, potentially significantly. The ETF’s Cap and Target Buffer are each reset daily based on expectations of market volatility, and investors may experience losses to the extent market volatility exceeds such expectations. Even if the ETF’s Dynamic Daily Buffer Strategy is successful, the ETF will be exposed to underlying index losses that exceed the Target Buffer, and the ETF will not participate in underlying index gains that exceed the daily Cap. If the ETF’s Dynamic Daily Buffer Strategy is unsuccessful, the ETF will be exposed to investment losses, which could be significant. The outcomes that the Dynamic Daily Buffer Strategy seeks to provide are measured from the close of one business day to the next; shares traded intraday should not be expected to achieve the same investment outcome as the ETF. Shares traded after the Cap or Target Buffer have been reached should not expect to benefit from such Cap or Target Buffer that day.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®, NDX®, and Nasdaq-100 Dynamic Buffer™ Index, NDXDBI™ are registered trademarks of Nasdaq, Inc. (which with its affiliates and third party licensors is referred to as the “Corporations”) and are licensed for use by ProShare Advisors LLC. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

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