ProShares UltraPro Short QQQ ETF vs Zscaler Inc — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Zscaler Inc trades at $148.6 (market cap $24.23B). Which is the better fit depends on your goals.
| SQQQ | ZS | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $97.60 | $336.27 |
52-Week Low | $36.31 | $118.05 |
Market Cap | — | $24.23B |
Enterprise Value | — | $22.55B |
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 →Zscaler is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed application and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.
Read more on ZS →