ProShares Launches Nasdaq-100 Dorsey Wright Momentum ETF

BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of ETFs, today launched the ProShares Nasdaq-100 Dorsey Wright Momentum ETF (Nasdaq: QQQA). QQQA is the first ETF focusing on select Nasdaq-100 stocks identified as having the greatest potential to outperform.

The ETF follows the Nasdaq-100 Dorsey Wright Momentum Index and relies on the expertise of Dorsey, Wright & Associates (“Dorsey Wright”), a recognized leader in momentum investing. Dorsey Wright identifies the 21 stocks for the index based on their proprietary “Relative Strength” approach.

“For years, the Nasdaq-100 has been a bellwether index for investing in innovative companies. ProShares is pleased to introduce the first Nasdaq-100 ETF using Dorsey Wright’s time-tested approach to identify stocks with the greatest potential to outperform,” said ProShares CEO Michael L. Sapir.

Financial professionals rely on Dorsey Wright investment research, and the company’s flagship “Relative Strength” system powers the investment decisions for $11 billion in assets.

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $54 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

May 20, 2021

Important Information

Investing involves risk, including the possible loss of principal. This ProShares ETF is non-diversified and entails certain risks, including imperfect benchmark correlation and market price variance, that may 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.

Momentum investing emphasizes selecting stocks that have higher recent price performance compared to other stocks. Momentum can change quickly and changes may occur between index reconstitutions. Companies that previously exhibited high momentum may underperform other companies that did not exhibit high momentum. Certain investment styles may fall in and out of favor. If momentum investing is out of favor, the fund’s performance may lag behind other funds using different investment styles.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Natural or environmental disasters, including pandemics and epidemics, have been and can be highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses.

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® is a registered trademark of Nasdaq, Inc. and is licensed for use by ProShare Advisors LLC. ProShares ETFs have not been passed on by Nasdaq, Inc. or its affiliates as to their legality or suitability. ProShares ETFs based on the Nasdaq-100 Dorsey Wright Momentum Index are not issued, sponsored, endorsed, sold, or promoted by Nasdaq, Inc. or its affiliates, and they make no representation regarding the advisability of investing in ProShares ETFs. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the fund’s advisor.


Media Contact:
Tucker Hewes, Hewes Communications, Inc., 212.207.9451,

Investor Contact
ProShares, 866.776.5125,

Published on May 20, 2021

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