SoFi Technologies Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? SoFi Technologies Inc trades at $17.63 (market cap $21.82B), while ProShares UltraPro Short QQQ ETF trades at $40.52. Which is the better fit depends on your goals.
| SOFI | SQQQ | |
|---|---|---|
Market Cap | $21.82B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $32.21 | $97.60 |
52-Week Low | $15.15 | $36.31 |
Trailing returns across standard periods
Latest headlines on both assets
SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →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 →