Compare MicroSectors FANG and Innovation 3X Leveraged ETN (FNGU) vs ProShares UltraPro Short QQQ ETF (SQQQ) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
MicroSectors FANG and Innovation 3X Leveraged ETN vs ProShares UltraPro Short QQQ ETF — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $28.1, while ProShares UltraPro Short QQQ ETF trades at $41.1. The key difference: MicroSectors FANG and Innovation 3X Leveraged ETN is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| FNGU | SQQQ | |
|---|---|---|
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $36.15 | $97.60 |
52-Week Low | $13.73 | $36.31 |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
FNGU, a leveraged ETN tracking the FANG+ Index, trades at $28.79, down 0.38% on the day. Technical indicators show mixed signals with moving averages bullish but oscillators bearish, including overbought RSI readings above 80. Recent performance highlights extreme volatility, with a documented 16% single-session drop on June 5, 2026, illustrating the amplified risks of its 3x leverage structure.
The outlook for FNGU is highly speculative, driven entirely by momentum in its underlying tech stocks rather than traditional fundamentals. Investment opportunity exists for aggressive traders betting on continued tech sector strength, but risks are severe, including decay from daily resets and catastrophic losses during market downturns, as recent news demonstrates.
SQQQ, the ProShares UltraPro Short QQQ ETF, trades at $40.49, up 4.81% in the last session. The technical outlook is neutral overall, with bearish moving averages and oscillators in neutral territory. As a 3x leveraged inverse ETF, it aims to deliver triple the daily inverse performance of the Nasdaq-100 index, making it a tactical tool for hedging or short-term bearish bets rather than a long-term investment.
The outlook for SQQQ is highly speculative and time-sensitive due to its leveraged structure, which causes significant decay in volatile or trending markets. It presents a high-risk opportunity for investors seeking to hedge tech exposure or profit from Nasdaq-100 declines, but long-term holding is discouraged due to structural erosion risks.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About MicroSectors FANG and Innovation 3X Leveraged ETN
FNGU is a leveraged ETN that seeks to provide three times (3x) the daily performance of top tech and innovation stocks. It is intended for traders seeking magnified short-term returns.
Read more on FNGU →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 →
