Compare Okta, Inc. (OKTA) vs ProShares UltraPro Short QQQ ETF (SQQQ) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Okta, Inc. vs ProShares UltraPro Short QQQ ETF — how do they compare? Okta, Inc. trades at $232.13 (market cap $38.50B), while ProShares UltraPro Short QQQ ETF trades at $32.95 (market cap $2.23B). The key difference: Okta, Inc. is far larger — about 17.3× ProShares UltraPro Short QQQ ETF's market cap, and Okta, 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 — on Pluang, investors hold Okta, Inc. for 44 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| OKTA | SQQQ | |
|---|---|---|
Market Cap | $38.50B | $2.23B |
Volume | 2,479,621 | 60,436,012 |
Sector | Technology | Leveraged / Inverse |
52-Week High | $232.13 | $89.43 |
52-Week Low | $62.93 | $31.83 |
Typical Hold Time | 44 Days | 12 Days |
Enterprise Value | $36.25B | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Okta (OKTA) trades at $220.21, up 1.01% on the day, with a bullish technical signal from moving averages. The stock has consistently beaten earnings estimates in recent quarters. Revenue growth is strong, reaching $2.61B in 2025, with the company achieving positive net income for the first time. Recent news highlights its strategic focus on AI agent security, with announcements at the Oktane 2026 conference generating positive analyst attention.
The outlook is positive, driven by strong fundamentals and Wall Street's bullish consensus, though high valuation multiples and recent insider selling present risks. The key opportunity lies in Okta's positioning in the growing AI security market, while execution against competition remains a challenge.
SQQQ (ProShares UltraPro Short QQQ) trades at $33.37, up 4.02% today, reflecting its bearish positioning against the Nasdaq 100. Technical indicators show a predominantly bearish signal with moving averages indicating selling pressure, while oscillators remain neutral. The ETF serves as a leveraged short tool for hedging QQQ exposure, with recent news highlighting its strategic use in portfolio protection amid tech sector volatility.
The outlook for SQQQ remains tied to Nasdaq 100 performance, offering potential gains during market downturns but carrying high risk due to daily rebalancing and decay. Key risks include rapid market reversals and the structural challenges of leveraged inverse ETFs. Investor sentiment is cautious, with media coverage emphasizing its role as a hedging instrument rather than a long-term hold.
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
About Okta, Inc.
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →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 →
