ProShares UltraPro Short QQQ ETF vs Wolfspeed Inc — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.42, while Wolfspeed Inc trades at $32.49 (market cap $1.53B). The key difference: Wolfspeed 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 | WOLF | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $97.60 | $73.68 |
52-Week Low | $36.31 | $1.19 |
Market Cap | — | $1.53B |
Enterprise Value | — | $2.19B |
Trailing returns across standard periods
Latest headlines on both assets
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 →Wolfspeed is the global leader in wide bandgap semiconductors, specializing in silicon carbide (SiC) and gallium nitride (GaN) materials and devices. It operates a vertically integrated model, controlling the entire process from raw material substrate production to advanced power modules, serving as a critical infrastructure provider for electric vehicles (EVs), renewable energy, and AI data centers.
Read more on WOLF →