Compare Freeport-McMoRan Inc (FCX) vs ProShares UltraPro Short QQQ ETF (SQQQ) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Freeport-McMoRan Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Freeport-McMoRan Inc trades at $59.38 (market cap $87.65B), while ProShares UltraPro Short QQQ ETF trades at $39.85. The key difference: Freeport-McMoRan Inc pays a 0.98% dividend while ProShares UltraPro Short QQQ ETF pays none, and Freeport-McMoRan Inc is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| FCX | SQQQ | |
|---|---|---|
Market Cap | $87.65B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $71.73 | $97.60 |
52-Week Low | $35.34 | $36.31 |
Enterprise Value | $94.31B | — |
Dividend Yield | 0.98% | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Freeport-McMoRan (FCX) trades at $61.97, up 3.33% with a bearish technical signal despite three consecutive quarterly earnings beats. The copper miner shows improving fundamentals with revenue growth to $25.92B and net income of $2.20B in 2025, supported by strong copper demand. Analyst consensus remains bullish with a $72.94 price target, though the stock faces technical resistance near $63-64 levels.
FCX presents a compelling value proposition with expanding profit margins and strategic positioning in the copper market, though investors face volatility risks from commodity price fluctuations and ongoing negative cash flow trends. The company's expansion pipeline and dividend payments provide additional shareholder value drivers.
SQQQ, the ProShares UltraPro Short QQQ ETF, trades at $40.511, up 4.87% over the past 24 hours. The technical outlook is neutral with mixed signals from moving averages and oscillators, while support and resistance levels are tightly clustered. As a leveraged inverse ETF designed to deliver -3x the daily return of the Nasdaq-100, it carries inherent structural risks and is unsuitable for long-term holding due to daily reset mechanics that can erode value over time.
The outlook for SQQQ remains highly speculative and tactical. It may offer short-term hedging benefits against Nasdaq-100 declines but presents severe long-term erosion risks. Investors should strictly limit exposure to sophisticated, active traders who can closely monitor market timing, as its performance is entirely dependent on short-term directional bets against the tech sector.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Freeport-McMoRan Inc
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →About ProShares UltraPro Short QQQ ETF
SQQQ is a leveraged inverse ETF that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index. It is a tactical trading tool designed for sophisticated investors to profit from or hedge against declines in large-cap technology and growth stocks. Due to its daily reset and the effects of compounding, it is intended for short-term use and carries significant risk if held during periods of high market volatility.
Read more on SQQQ →
