S&P500 ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? S&P500 ETF trades at $748, while ProShares UltraPro Short QQQ ETF trades at $40.28. The key difference: S&P500 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.
| SPY | SQQQ | |
|---|---|---|
52-Week High | $759.55 | $97.60 |
52-Week Low | $621.75 | $36.31 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
Latest headlines on both assets
The ETF is designed to track the performance of the securities and the stocks in the S&P 500 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
Read more on SPY →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 →