Iris Energy Limited vs ProShares UltraPro Short QQQ ETF — how do they compare? Iris Energy Limited trades at $41.37 (market cap $14.37B), while ProShares UltraPro Short QQQ ETF trades at $40.47. The key difference: Iris Energy Limited is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| IREN | SQQQ | |
|---|---|---|
Market Cap | $14.37B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $76.41 | $97.60 |
52-Week Low | $15.40 | $36.31 |
Enterprise Value | $16.12B | — |
Trailing returns across standard periods
Latest headlines on both assets
Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →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 →