Spotify Technology vs ProShares UltraPro Short QQQ ETF — how do they compare? Spotify Technology trades at $493.4 (market cap $101.23B), while ProShares UltraPro Short QQQ ETF trades at $40.51. The key difference: Spotify Technology is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| SPOT | SQQQ | |
|---|---|---|
Market Cap | $101.23B | — |
Sector | Media | Leveraged / Inverse |
52-Week High | $738.53 | $97.60 |
52-Week Low | $412.75 | $36.31 |
Enterprise Value | $91.81B | — |
Trailing returns across standard periods
Spotify Technology S.A. provides music streaming services. The Company offers commercial-free music and ad-supported services to subscribers. Spotify Technology serves clients worldwide.
Read more on SPOT →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.
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