Occidental Petroleum Corporation vs ProShares UltraPro Short QQQ ETF — how do they compare? Occidental Petroleum Corporation trades at $57.82 (market cap $56.20B), while ProShares UltraPro Short QQQ ETF trades at $41.43. The key difference: Occidental Petroleum Corporation pays a 1.84% dividend while ProShares UltraPro Short QQQ ETF pays none, and Occidental Petroleum Corporation is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| OXY | SQQQ | |
|---|---|---|
Market Cap | $56.20B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $66.24 | $97.60 |
52-Week Low | $38.92 | $36.31 |
Enterprise Value | $77.28B | — |
Dividend Yield | 1.84% | — |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
SQQQ trades at $42.68, down 0.26% on the day, with a bullish technical signal from moving averages but neutral oscillators. As a leveraged inverse ETF, it aims to deliver -3x the daily return of the Nasdaq-100, making it a tactical tool for hedging or short-term bearish bets rather than a long-term investment. Recent news highlights its role in protecting QQQ holdings but warns of severe erosion from daily resets.
The outlook for SQQQ is highly speculative, suited only for experienced traders timing tech sector declines. Key risks include volatility decay and reliance on accurate market timing, with long-term performance showing near-total loss since inception. It offers no fundamental value like earnings or dividends, serving purely as a hedging instrument.
Trailing returns across standard periods
Latest headlines on both assets
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Read more on OXY →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 →