ProShares UltraPro Short QQQ ETF vs Sprott Uranium Miners ETF — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Sprott Uranium Miners ETF trades at $50.32. Which is the better fit depends on your goals.
| SQQQ | URNM | |
|---|---|---|
Sector | Leveraged / Inverse | Commodities - Metals/Agriculture |
52-Week High | $97.60 | $83.99 |
52-Week Low | $36.31 | $44.14 |
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 →URNM is a pure-play ETF that invests in the global uranium industry. It provides exposure to companies involved in the mining, exploration, and production of uranium, as well as physical uranium holdings, with top assets like Cameco, Uranium Energy Corp, and the Sprott Physical Uranium Trust.
Read more on URNM →