Teucrium Soybean Fund vs ProShares UltraPro Short QQQ ETF — how do they compare? Teucrium Soybean Fund trades at $25.86, while ProShares UltraPro Short QQQ ETF trades at $40.47. The key difference: Teucrium Soybean Fund is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| SOYB | SQQQ | |
|---|---|---|
Sector | Commodities - Metals/Agriculture | Leveraged / Inverse |
52-Week High | $25.88 | $97.60 |
52-Week Low | $21.07 | $36.31 |
Trailing returns across standard periods
SOYB is a commodity ETF that provides exposure to the price of soybean futures. It utilizes a laddered strategy by investing in several benchmark futures contracts to reduce the impact of roll costs and contango in the agricultural market.
Read more on SOYB →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 →