Rent the Runway Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Rent the Runway Inc trades at $1.77 (market cap $61.75M), while ProShares UltraPro Short QQQ ETF trades at $32.95 (market cap $2.23B). The key difference: ProShares UltraPro Short QQQ ETF is far larger — about 36.1× Rent the Runway Inc's market cap, and Rent the Runway Inc is more actively traded (193,323 versus 60,436,012). Which is the better fit depends on your goals — on Pluang, investors hold Rent the Runway Inc for 56 Days and ProShares UltraPro Short QQQ ETF for 12 Days on average.
| RENT | SQQQ | |
|---|---|---|
Market Cap | $61.75M | $2.23B |
Volume | 193,323 | 60,436,012 |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $9.39 | $89.43 |
52-Week Low | $1.55 | $31.83 |
Typical Hold Time | 56 Days | 12 Days |
Enterprise Value | $228.75M | — |
Signals from Pluang's Aura AI — not financial advice
Rent the Runway (RENT) trades at $1.83, up 8.93% today, with a bullish technical signal despite mixed moving averages and oscillators. The company reported Q2 2026 revenue growth of 20.8% year-over-year to $97.7 million, with improving gross margins, and appointed Paige Thomas as CEO. However, the stock faces negative shareholder equity of -$182.5 million and a high debt-to-asset ratio of 139.62% as of 2025, though 2026 projections show a return to net profitability.
The outlook is cautiously optimistic, with analyst consensus at 42.1% buy ratings and no sell ratings, but legal investigations and high leverage pose significant risks. Revenue growth and margin expansion are key catalysts, yet investor confidence is tempered by ongoing financial instability and negative equity.
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.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Latest headlines on both assets
Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.
Read more on RENT →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 →