Cloudflare Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Cloudflare Inc trades at $306.24 (market cap $109.31B), while ProShares UltraPro Short QQQ ETF trades at $37.39. The key difference: Cloudflare Inc is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| NET | SQQQ | |
|---|---|---|
Market Cap | $109.31B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $310.40 | $92.95 |
52-Week Low | $160.16 | $36.31 |
Enterprise Value | $108.67B | — |
Trailing returns across standard periods
Latest headlines on both assets
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
Read more on NET →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 →