iShares Russell 2000 ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? iShares Russell 2000 ETF trades at $278.91 (market cap $77.70B), while ProShares UltraPro Short QQQ ETF trades at $32.92 (market cap $2.23B). The key difference: iShares Russell 2000 ETF is far larger — about 34.8× ProShares UltraPro Short QQQ ETF's market cap, and iShares Russell 2000 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 Russell 2000 ETF for 83 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| IWM | SQQQ | |
|---|---|---|
Market Cap | $77.70B | $2.23B |
Volume | 35,598,983 | 60,436,012 |
52-Week High | $305.06 | $89.43 |
52-Week Low | $229.13 | $31.83 |
Typical Hold Time | 83 Days | 12 Days |
Sector | — | Leveraged / Inverse |
Signals from Pluang's Aura AI — not financial advice
IWM trades at $278.93, up 0.44% with a bearish technical signal from moving averages. The ETF faces headwinds as small-caps underperform the broader market, with recent news highlighting decade-long trailing of the S&P 500. Technical indicators show mixed signals with RSI neutral but ADX signaling strong bearish momentum. Support levels cluster around $272-$276 while resistance sits at $279-$282.
The outlook remains cautious given small-cap sensitivity to interest rates and economic conditions. Recent Fed rate hikes pressure the sector, though some rotation potential exists if market breadth improves. Key risks include continued underperformance versus large-caps and sensitivity to tightening financial conditions.
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
The ETF is designed to track the performance of the securities and the stocks in the Russell 2000 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
Read more on IWM →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 →