ProShares UltraPro Short QQQ ETF vs Vanguard Tax Managed Fund FTSE Developed Markets ETF — how do they compare? ProShares UltraPro Short QQQ ETF trades at $39.07, while Vanguard Tax Managed Fund FTSE Developed Markets ETF trades at $73.05. The key difference: Vanguard Tax Managed Fund FTSE Developed Markets 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.
| SQQQ | VEA | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $89.43 | $73.79 |
52-Week Low | $36.04 | $58.90 |
Signals from Pluang's Aura AI — not financial advice
SQQQ, a 3x leveraged inverse ETF tracking the Nasdaq-100, trades at $38.31, up 0.34% on the day. Technical indicators are bearish with moving averages signaling sell, while oscillators remain neutral. The ETF is designed for short-term hedging against tech declines but faces structural erosion from daily resets, as highlighted by Seeking Alpha on 2026-06-26. Recent news suggests tactical use amid AI-driven market volatility, but long-term holding risks severe losses.
Outlook: SQQQ offers tactical downside protection in bearish tech markets but is unsuitable for long-term investment due to leverage decay. Risks include rapid value erosion and high volatility, requiring precise timing. Opportunities exist for hedging QQQ exposure during corrections, but investors must monitor Nasdaq-100 trends closely to avoid capital depletion.
VEA trades at $73.46, down 0.41% on the day, with a bullish technical outlook supported by moving averages. The ETF recently hit a 52-week high of $74.04, indicating strong momentum. Institutional interest is growing, with multiple firms increasing positions in Q2 2026. VEA offers exposure to developed international markets with a low 0.03% expense ratio, making it a cost-effective diversification tool compared to broader international or emerging market ETFs.
The outlook remains positive given institutional accumulation and technical strength, though risks include currency fluctuations and global economic sensitivity. VEA's focus on developed markets provides stability versus emerging markets, but investors should monitor international economic trends that could impact performance.
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 →The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US Index, a market-capitalization-weighted index that is made up of approximately 4022 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Read more on VEA →