KraneShares Hang Seng TECH Index ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? KraneShares Hang Seng TECH Index ETF trades at $13.5, while ProShares UltraPro Short QQQ ETF trades at $36.89. The key difference: KraneShares Hang Seng TECH Index 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.
| KTEC | SQQQ | |
|---|---|---|
Sector | Sector/Thematic | Leveraged / Inverse |
52-Week High | $19.51 | $92.95 |
52-Week Low | $12.00 | $36.31 |
Trailing returns across standard periods
KTEC tracks the Hang Seng TECH Index, providing targeted exposure to the 30 largest technology companies listed on the Hong Kong Stock Exchange. It focuses on innovative, internet-based businesses across sectors like e-commerce, fintech, cloud computing, and digital technology.
Read more on KTEC →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 →