Compare ProShares UltraPro Short QQQ ETF (SQQQ) vs Waste Management, Inc. (WM) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
ProShares UltraPro Short QQQ ETF vs Waste Management, Inc. — how do they compare? ProShares UltraPro Short QQQ ETF trades at $38.99, while Waste Management, Inc. trades at $217.2 (market cap $86.51B). The key difference: Waste Management, Inc. pays a 1.75% dividend while ProShares UltraPro Short QQQ ETF pays none, and Waste Management, Inc. 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 | WM | |
|---|---|---|
Sector | Leveraged / Inverse | Industrials |
52-Week High | $89.43 | $246.51 |
52-Week Low | $36.04 | $196.77 |
Market Cap | — | $86.51B |
Enterprise Value | — | $109.31B |
Dividend Yield | — | 1.75% |
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, 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.
WM trades at $217.78, down 0.55% today, with a bearish technical signal from moving averages but neutral oscillators. The company reported mixed Q2 2026 earnings, beating EPS estimates at $2.02 versus $1.98 expected, but missed Q4 2025. Revenue grew to $25.20B in 2025, with a net income margin of 11.12%. Recent news highlights CEO transition and strong institutional buying, including a 26,113.1% position increase by California State Teachers Retirement System in Q2 2026.
Outlook remains positive with a consensus price target of $263.43, implying 21% upside, supported by steady waste demand and sustainability investments. Risks include high debt levels, with a debt-to-asset ratio of 49.97% in 2025, and valuation concerns at a P/E of 30.8. The stock offers a dividend yield from recent payouts, but investors face execution risks amid leadership changes and economic sensitivity.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
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 Waste Management, Inc.
Waste Management ranks as the largest integrated provider of traditional solid waste services in the United States, operating approximately 260 active landfills and about 340 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Read more on WM →
