iShares Self-Driving EV and Tech vs ProShares UltraPro Short QQQ ETF — how do they compare? iShares Self-Driving EV and Tech trades at $33.34 (market cap $264.50M), while ProShares UltraPro Short QQQ ETF trades at $32.93 (market cap $2.23B). The key difference: ProShares UltraPro Short QQQ ETF is far larger — about 8.4× iShares Self-Driving EV and Tech's market cap, and ProShares UltraPro Short QQQ ETF is more actively traded (60,436,012 versus 48,021). Which is the better fit depends on your goals — on Pluang, investors hold iShares Self-Driving EV and Tech for 73 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| IDRV | SQQQ | |
|---|---|---|
Market Cap | $264.50M | $2.23B |
Volume | 48,021 | 60,436,012 |
Sector | Sector/Thematic | Leveraged / Inverse |
52-Week High | $45.48 | $89.43 |
52-Week Low | $32.68 | $31.83 |
Typical Hold Time | 73 Days | 12 Days |
Signals from Pluang's Aura AI — not financial advice
IDRV trades at $33.34, down slightly (-0.06%) with a bearish technical signal. Moving averages indicate selling pressure while oscillators remain neutral. The stock faces resistance at $34 and support at $33. Recent news highlights mixed EV market conditions with strong European demand but weaker US adoption following subsidy changes. Chinese competition and regulatory uncertainties create headwinds for the sector.
The outlook remains cautious given technical weakness and sector challenges. Investment opportunity exists in global EV growth trends, particularly in Europe and China. Key risks include US regulatory uncertainty, Chinese market access restrictions, and volatile oil prices affecting consumer EV adoption decisions.
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.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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IDRV invests in global companies at the forefront of self-driving and electric vehicle innovation. It provides exposure to the full EV value chain, including battery technology and autonomous systems, with top holdings like Albemarle, Rivian, and Tesla.
Read more on IDRV →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 →