Compare ProShares UltraPro Short QQQ ETF (SQQQ) vs Invesco Solar ETF (TAN) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
ProShares UltraPro Short QQQ ETF vs Invesco Solar ETF — how do they compare? ProShares UltraPro Short QQQ ETF trades at $32.95 (market cap $2.23B), while Invesco Solar ETF trades at $43.75 (market cap $894.08M). The key difference: ProShares UltraPro Short QQQ ETF is far larger — about 2.5× Invesco Solar ETF's market cap, and Invesco Solar ETF is more actively traded (370,994 versus 60,436,012). Which is the better fit depends on your goals — on Pluang, investors hold ProShares UltraPro Short QQQ ETF for 12 Days and Invesco Solar ETF for 34 Days on average.
| SQQQ | TAN | |
|---|---|---|
Market Cap | $2.23B | $894.08M |
Volume | 60,436,012 | 370,994 |
Sector | Leveraged / Inverse | Sector/Thematic |
52-Week High | $89.43 | $73.95 |
52-Week Low | $31.83 | $43.00 |
Typical Hold Time | 12 Days | 34 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
SQQQ trades at $32.95, up 2.71% with a bearish technical signal from moving averages while oscillators remain neutral. The ETF shows no traditional financial ratios as it's an inverse leveraged product designed to move opposite the Nasdaq 100. Recent news highlights its role as a hedging tool against tech sector declines, with articles discussing strategic pairing with QQQ positions.
As a 3x leveraged inverse ETF, SQQQ carries significant risk from daily rebalancing and decay. It serves as a tactical tool for bearish Nasdaq 100 views or portfolio hedging, but requires active management. The primary risk remains volatility decay and timing sensitivity in a market where tech stocks have shown long-term growth trends.
TAN (Invesco Solar ETF) trades at $43.75, up 0.51% with bearish technical signals from moving averages. The solar sector faces headwinds from high borrowing costs impacting project financing, as recent news highlights sector volatility. Technical indicators show 16 sell signals versus 1 buy, with key resistance at $44 and support at $43. The ETF's expense ratio of 0.7% is higher than broader energy alternatives, contributing to its underperformance versus the S&P 500 over five years.
Outlook remains cautious due to sector-specific risks including interest rate sensitivity and market saturation concerns. Investment opportunity exists for long-term renewable energy exposure, but risks include policy uncertainty, cost pressures, and competitive ETF alternatives with lower fees. The bearish technical setup suggests near-term pressure despite potential long-term energy transition tailwinds.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About ProShares UltraPro Short QQQ ETF
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 →About Invesco Solar ETF
TAN is a thematic ETF that tracks the MAC Global Solar Energy Index. It provides targeted exposure to the global solar industry, including manufacturers of solar panels, installers, and component suppliers like Enphase and First Solar.
Read more on TAN →
