Hudbay Minerals Inc. Ordinary Shares (Canada) vs ProShares UltraPro Short QQQ ETF — how do they compare? Hudbay Minerals Inc. Ordinary Shares (Canada) trades at $26.07 (market cap $11.24B), while ProShares UltraPro Short QQQ ETF trades at $32.89 (market cap $2.23B). The key difference: Hudbay Minerals Inc. Ordinary Shares (Canada) is far larger — about 5× ProShares UltraPro Short QQQ ETF's market cap, and Hudbay Minerals Inc. Ordinary Shares (Canada) pays a 0.11% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold Hudbay Minerals Inc. Ordinary Shares (Canada) for 1 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| HBM | SQQQ | |
|---|---|---|
Market Cap | $11.24B | $2.23B |
Volume | 4,316,374 | 60,436,012 |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $31.87 | $89.43 |
52-Week Low | $14.58 | $31.83 |
Typical Hold Time | 1 Days | 12 Days |
Enterprise Value | $11.30B | — |
Dividend Yield | 0.11% | — |
Signals from Pluang's Aura AI — not financial advice
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SQQQ trades at $32.95, up 2.71% with a bearish technical signal from moving averages while oscillators remain neutral. The ETF shows no traditional financial ratios as it's an inverse leveraged product designed to move opposite the Nasdaq 100. Recent news highlights its role as a hedging tool against tech sector declines, with articles discussing strategic pairing with QQQ positions.
As a 3x leveraged inverse ETF, SQQQ carries significant risk from daily rebalancing and decay. It serves as a tactical tool for bearish Nasdaq 100 views or portfolio hedging, but requires active management. The primary risk remains volatility decay and timing sensitivity in a market where tech stocks have shown long-term growth trends.
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Hudbay Minerals is a mining company producing copper, gold, zinc, and other metals. Its operations are located in the Americas.
Read more on HBM →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 →