Magna International Inc. Common Stock vs ProShares UltraPro Short QQQ ETF — how do they compare? Magna International Inc. Common Stock trades at $64.02 (market cap $17.04B), while ProShares UltraPro Short QQQ ETF trades at $33.06 (market cap $2.23B). The key difference: Magna International Inc. Common Stock is far larger — about 7.6× ProShares UltraPro Short QQQ ETF's market cap, and Magna International Inc. Common Stock pays a 3.1% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold Magna International Inc. Common Stock for 0 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| MGA | SQQQ | |
|---|---|---|
Market Cap | $17.04B | $2.23B |
Volume | 1,523,784 | 60,436,012 |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $73.05 | $89.43 |
52-Week Low | $43.54 | $31.83 |
Typical Hold Time | 0 Days | 12 Days |
Enterprise Value | $22.08B | — |
Dividend Yield | 3.1% | — |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
SQQQ (ProShares UltraPro Short QQQ) trades at $33.20, up 3.49% today, reflecting bearish market sentiment toward the Nasdaq 100. Technical indicators show a predominantly bearish signal with moving averages heavily weighted toward selling pressure. The ETF is designed to deliver triple the inverse daily performance of the Nasdaq 100, making it a tactical tool for hedging or speculating on tech sector declines.
SQQQ's outlook remains tied to Nasdaq 100 volatility, with potential gains during market downturns but significant decay risk in flat or rising markets. Investors should consider the high-risk, leveraged nature of this instrument and its suitability primarily for short-term hedging strategies rather than long-term holdings.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Magna International Inc. is a Canada-based automotive supplier that designs, engineers, and manufactures vehicle systems and components, including body and chassis structures, seating, powertrain, and electronics, and provides complete-vehicle engineering and contract assembly, with manufacturing operations in 28 countries.
Read more on MGA →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 →