QB
ProShares Nasdaq-100 Dynamic Buffer ETF
Mentions (24Hr)
0.00% Today
Reddit Posts
Thoughts on QFLR and QB? why is ProShares QB etf not popular ?
AMFN - Is Fusion Energy About to Dominate the Market?
Mentions
QB probably isn’t unpopular because investors overlooked it. It charges 0.87% and uses daily options to reshape Nasdaq-100 returns. Most people either want the full upside from QQQ or actual safety in cash/Treasuries; QB sits awkwardly in the middle. You still have equity risk, you give up some upside, and with only a few million in assets you also have liquidity and fund-closure concerns. I wouldn’t really call that “parking” money.
Buffer funds under perform there index over the long term and have high fees which also drags down long term performance. In terms of QB it kind of fails the “do I understand how this financial product works” test. I kind of get the general idea but it seems to be getting into complex derivatives territory which is always dangerous. These also seen to be doing to opposing actions. For example for QFLR which is a small cap buffer fund. Typically you get into small cap because you want to expose your portfolio to the priced risk of small cap stocks but then you then undercut that risk by making it a buffer fund and pay a higher fee. You’d likely be better off getting a more appropriately risky fund with lower fees and no derivatives. I view QB as worse since the nasdaq 100 is more volatile index but does not inherently contrain any priced risks. Like anything it can work out in the short term but in the long term the inherent mechanics give a high probability of under performing.
I said this days ago, so not monday morning QB - After seeing GOOG get massacred for their CapEx, other companies are reporting lower forward capEx spending. But there is no rule that they abide by their estimates. They can spend whatever the fk they want. And they will. That's why MSFT capex actually came in slightly below estimates. Total BS
I also work in public, QB has the biggest share of accounting software Although, it’s mostly small private to medium size buisnesses