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Compare ProShares UltraPro Short QQQ ETF (SQQQ) vs State Street Technology Select Sector SPDR ETF (XLK) Price & Performance

ProShares UltraPro Short QQQ ETFTrade
State Street Technology Select Sector SPDR ETFTrade

Price performance (Past 24H)

Key statistics

ProShares UltraPro Short QQQ ETF vs State Street Technology Select Sector SPDR ETF — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.56, while State Street Technology Select Sector SPDR ETF trades at $180.5. The key difference: State Street Technology Select Sector SPDR 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.

SQQQXLK
Sector
Leveraged / InverseSector/Thematic
52-Week High
$97.60$198.21
52-Week Low
$36.31$127.49

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

ProShares UltraPro Short QQQ ETF

SQQQ trades at $42.68, down 0.26% on the day, with a bullish technical signal from moving averages but neutral oscillators. As a leveraged inverse ETF, it aims to deliver -3x the daily return of the Nasdaq-100, making it a tactical tool for hedging or short-term bearish bets rather than a long-term investment. Recent news highlights its role in protecting QQQ holdings but warns of severe erosion from daily resets.

The outlook for SQQQ is highly speculative, suited only for experienced traders timing tech sector declines. Key risks include volatility decay and reliance on accurate market timing, with long-term performance showing near-total loss since inception. It offers no fundamental value like earnings or dividends, serving purely as a hedging instrument.

State Street Technology Select Sector SPDR ETF

XLK, the Technology Select Sector SPDR Fund, trades at $175.71 with a slight 0.07% daily gain. Technical indicators show a bearish trend with moving averages signaling sell pressure, while oscillators are neutral. The fund has delivered strong year-to-date performance, up 33% as of July 2, 2026 (ETF Trends), but faces concentration risks in mega-cap tech holdings. Recent news highlights ongoing institutional interest in tech ETFs amid robust earnings expectations for the sector.

The outlook for XLK remains tied to technology sector strength, with Q2 earnings expected to show 23.3% growth for the S&P 500 (ETF Trends, July 13, 2026). Key risks include sector concentration and market volatility. Wall Street sentiment is positive due to strong fundamentals, but investors should monitor earnings results and Fed policy impacts on growth stocks.

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

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 State Street Technology Select Sector SPDR ETF

XLK tracks the Technology Select Sector Index, providing targeted exposure to the largest and most influential technology companies within the S&P 500. It is a highly concentrated, liquid vehicle focused on software, semiconductors, and hardware leaders, serving as the primary benchmark for U.S. large-cap technology performance.

Read more on XLK