Compare MP Materials (MP) vs ProShares UltraPro Short QQQ ETF (SQQQ) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
MP Materials vs ProShares UltraPro Short QQQ ETF — how do they compare? MP Materials trades at $46.82 (market cap $8.25B), while ProShares UltraPro Short QQQ ETF trades at $32.65 (market cap $2.12B). The key difference: MP Materials is far larger — about 3.9× ProShares UltraPro Short QQQ ETF's market cap, and MP Materials 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 MP Materials for 11 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| MP | SQQQ | |
|---|---|---|
Market Cap | $8.25B | $2.12B |
Volume | 5,934,023 | 42,185,633 |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $98.65 | $89.43 |
52-Week Low | $38.10 | $31.83 |
Typical Hold Time | 11 Days | 12 Days |
Enterprise Value | $7.73B | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
SQQQ trades at $32.08, up 0.79% with a bearish technical signal from moving averages but bullish oscillators. The ETF shows oversold conditions with RSI readings below 20, suggesting potential for short-term rebound. Recent news highlights SQQQ's role as a hedging tool against Nasdaq 100 declines, with inverse ETFs potentially benefiting from tech sector weakness.
The outlook remains highly speculative given SQQQ's 3x leveraged inverse structure. While current technical indicators suggest potential for near-term recovery, the ETF faces significant decay risks in sustained bull markets. Investors should weigh hedging benefits against the structural challenges of leveraged inverse products in volatile conditions.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About MP Materials
MP Materials mines, refines, and manufactures rare earth materials and magnets in the United States. Its products are used in transportation, energy, robotics, defense, and aerospace applications.
Read more on MP →About ProShares UltraPro Short QQQ ETF
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 →
