iShares Global Clean Energy ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? iShares Global Clean Energy ETF trades at $17.28 (market cap $2.27B), while ProShares UltraPro Short QQQ ETF trades at $32.95 (market cap $2.23B). The key difference: iShares Global Clean Energy ETF and ProShares UltraPro Short QQQ ETF are close in size by market cap, and iShares Global Clean Energy ETF is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold iShares Global Clean Energy ETF for 87 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| ICLN | SQQQ | |
|---|---|---|
Market Cap | $2.27B | $2.23B |
Volume | 6,845,064 | 60,436,012 |
52-Week High | $23.75 | $89.43 |
52-Week Low | $15.78 | $31.83 |
Typical Hold Time | 87 Days | 12 Days |
Sector | — | Leveraged / Inverse |
Signals from Pluang's Aura AI — not financial advice
ICLN trades at $17.12, down 1.1% today, with a bearish technical signal from moving averages and neutral oscillators. The ETF faces volatility compared to traditional energy peers, with a 57.2% maximum drawdown noted in recent analysis. Recent news highlights its 0.38% expense ratio and global clean energy exposure across 105 holdings.
Outlook remains mixed; clean energy benefits from geopolitical shifts boosting renewables demand, but high fees and underperformance versus fossil fuel ETFs pose risks. Investor sentiment is cautious amid sector rotation and competitive pressure from higher-yielding energy alternatives.
SQQQ (ProShares UltraPro Short QQQ) is trading at $33.37, up 4.02% today amid bearish technical signals. The ETF shows strong bearish momentum with moving averages indicating sell pressure while oscillators remain neutral. Recent news highlights SQQQ's role as a hedging tool against Nasdaq 100 declines, with financial media noting its strategic use during tech sector volatility.
The outlook remains tied to Nasdaq 100 performance, with SQQQ positioned to benefit from further tech weakness. Key risks include timing sensitivity and decay from daily rebalancing. Investment opportunity exists for tactical hedging but requires careful risk management due to the leveraged inverse structure.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the target index. The index may invest up to 20% of its assets in certain futures, trading options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Read more on ICLN →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 →