iShares Global Clean Energy ETF vs ProShares UltraPro QQQ ETF — how do they compare? iShares Global Clean Energy ETF trades at $18.54, while ProShares UltraPro QQQ ETF trades at $71.13. The key difference: ProShares UltraPro QQQ ETF is trading nearer its 52-week high, iShares Global Clean Energy ETF nearer its low. Which is the better fit depends on your goals.
| ICLN | TQQQ | |
|---|---|---|
52-Week High | $23.75 | $87.22 |
52-Week Low | $13.41 | $37.89 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
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 →TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →