ProShares UltraPro Short QQQ ETF vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.48, while Direxion Daily FTSE China Bull 3x Shares trades at $27.9. The key difference: Direxion Daily FTSE China Bull 3x Shares 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 | YINN | |
|---|---|---|
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $97.60 | $56.62 |
52-Week Low | $36.31 | $21.45 |
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 →YINN is a leveraged ETF that seeks daily investment results, before fees and expenses, of 300% (3x) of the daily performance of the FTSE China 50 Index. It is a tactical instrument designed for sophisticated traders seeking to magnify short-term bullish views on large-cap Chinese equities, primarily those trading on the Hong Kong Stock Exchange.
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