(SQQQ) ProShares UltraPro Short QQQ - Overview
ETF Category: Trading--Inverse Equity | Exchange: NASDAQ (USA) | Market Cap: 2.228m USD | Total Return: -60.2% in 12m
Avg Turnover: 2.53B
Warnings
Overextended 3d
Tailwinds
No distinct edge detected
ProShares UltraPro Short QQQ (SQQQ) is an inverse leveraged exchange-traded fund designed to deliver three times the opposite daily performance of the Nasdaq-100 Index. The fund achieves this exposure by investing in financial derivatives, such as swap agreements and futures, rather than holding direct equity positions in the underlying companies.
The Nasdaq-100 Index consists of 100 of the largest non-financial organizations listed on the Nasdaq Stock Market, with a heavy concentration in the technology and consumer discretionary sectors. Because SQQQ resets daily, it is primarily utilized as a short-term tactical tool for hedging or speculation rather than a long-term investment, as compounding effects can cause performance to deviate from the underlying index over extended periods.
For a deeper look into how leveraged volatility impacts long-term returns, consider reviewing the detailed metrics on ValueRay.
- Nasdaq 100 benchmark performance inversely correlates with fund daily returns
- Federal Reserve monetary policy shifts drive technology sector valuation volatility
- Compounding effects and daily rebalancing create long-term performance decay
- Derivative counterparty risk impacts execution of triple-leveraged short strategy
- Institutional rotation out of high-growth tech stocks increases fund demand
As of June 07, 2026, the stock is trading at USD 43.19 with a total of 112,247,350 shares traded.
Over the past week, the price has changed by +13.42%,
over one month by -11.11%,
over three months by -38.03% and
over the past year by -60.16%.
ProShares UltraPro Short QQQ has no consensus analysts rating.