ProShares UltraPro Short QQQ ETF vs Atlassian Corporation PLC — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.44, while Atlassian Corporation PLC trades at $90.58 (market cap $23.67B). The key difference: Atlassian Corporation PLC is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| SQQQ | TEAM | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $97.60 | $203.00 |
52-Week Low | $36.31 | $57.15 |
Market Cap | — | $23.67B |
Enterprise Value | — | $23.78B |
Trailing returns across standard periods
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 →Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
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