ProShares UltraPro Short QQQ ETF vs State Street PDR S&P Retail ETF — how do they compare? ProShares UltraPro Short QQQ ETF trades at $37.41, while State Street PDR S&P Retail ETF trades at $89.65. The key difference: State Street PDR S&P Retail 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 | XRT | |
|---|---|---|
Sector | Leveraged / Inverse | Broad Market / Factor |
52-Week High | $92.95 | $92.35 |
52-Week Low | $36.31 | $77.28 |
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 →XRT is an equal-weighted ETF that tracks the U.S. retail sector. It provides diversified exposure to apparel, automotive, and online retailers, including well-known names like Amazon, Target, and Costco.
Read more on XRT →