iShares Semiconductor ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? iShares Semiconductor ETF trades at $554.46, while ProShares UltraPro Short QQQ ETF trades at $40.25. The key difference: iShares Semiconductor ETF is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| SOXX | SQQQ | |
|---|---|---|
Sector | Sector/Thematic | Leveraged / Inverse |
52-Week High | $655.01 | $97.60 |
52-Week Low | $236.93 | $36.31 |
Trailing returns across standard periods
Latest headlines on both assets
SOXX provides investors with exposure to U.S. companies that design, manufacture, and distribute semiconductors. It tracks the ICE Semiconductor Index, offering a targeted investment in the technology sector's foundational components, including firms that produce chips, related equipment, and services. SOXX is a key vehicle for investors seeking to capitalize on trends in artificial intelligence, 5G, and other technologies that rely heavily on advanced semiconductor technology.
Read more on SOXX →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 →