ProShares UltraPro Short QQQ
SQQQ
Market cap $2.66B

38.64 USD

+0.10

0.26%

At close Apr 17, 4:00 PM EDT

After hours

38.25

-0.39

1.01%

1 day

0.26%

5 days

-0.03%

1 month

7.27%

3 months

32.37%

6 months

6.45%

Year to date

23.29%

1 year

-34.84%

5 years

-97.55%

10 years

-99.93%

0

Funds holding %

of 7,407 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

359% more call options, than puts

Call options by funds: $461M | Put options by funds: $100M

58% more capital invested

Capital invested by funds: $91M [Q3] → $143M (+$52.4M) [Q4]

2.96% more ownership

Funds ownership: 3.55% [Q3] → 6.5% (+2.96%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

27% less funds holding

Funds holding: 93 [Q3] → 68 (-25) [Q4]

51% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 47

81% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 37

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for SQQQ.

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about SQQQ published over the past 30 days

SQQQ: April 9th Was A Major Red Flag

April 9th, 2024 saw a historic 12.2% Nasdaq rally, signaling potential volatility and further declines in high-flying tech stocks. The ProShares UltraShort QQQ ETF is a leveraged fund designed for short-term tactical trading, not long-term holding. Historical patterns suggest large single-day Nasdaq gains often precede further market declines, akin to the dot-com era.

SQQQ: April 9th Was A Major Red Flag

SQQQ - An ETF I Wouldn't Use For Hedging, And Here's Why

The SQQQ ETF, a 3x leveraged inverse fund for the Nasdaq-100, is highly risky and not ideal for long-term hedging. Leveraged ETFs like SQQQ are designed for short-term trading and can lead to significant losses due to the decay effect. Statistically, during downturns, the largest intraday rebounds occur, thereby increasing the risk of decay.

SQQQ - An ETF I Wouldn't Use For Hedging, And Here's Why

What Did ETF Investors Research Last Week?

When the market gets rough, advisors and investors turn to trusted sources for insights and data. VettaFi is grateful that this occurred last week.

What Did ETF Investors Research Last Week?

Zacks Investment Research

Trump Tariff Shakes U.S. Market: 5 Inverse ETFs to Gain

The U.S. equity index nosedived on Trump's sweeping series of tariffs, resulting in a spike for inverse or inverse-leveraged ETFs.

Trump Tariff Shakes U.S. Market: 5 Inverse ETFs to Gain

Zacks Investment Research

5 Leveraged/Inverse ETFs That Gained in Double Digits in March

The current uncertain environment boosts demand for leveraged and inverse-leveraged ETFs.

5 Leveraged/Inverse ETFs That Gained in Double Digits in March

Zacks Investment Research

Trump's Tariffs Shake Markets: ETFs to Watch

President Trump's tariffs unleash a fresh wave of chaos in global markets. Investors should keep an eye on these ETFs.

Trump's Tariffs Shake Markets: ETFs to Watch

SQQQ, EQLS, And Fighting The Urge To Short

The UltraPro Short QQQ ETF is highly risky for retail investors due to its leverage and potential for total loss over time. Fundamental and technical indicators suggest the Nasdaq-100 is overextended, but timing a short position is extremely challenging and risky. Simplify Market Neutral Equity Long/Short ETF offers a safer alternative for aggressive investors, balancing long and short positions without market risk.

SQQQ, EQLS, And Fighting The Urge To Short

Zacks Investment Research

10 Most Heavily Traded ETFs of Q3

We have highlighted 10 ETFs that have seen higher average volumes in the third quarter and are thus the top 10 funds in terms of trading volume.

10 Most Heavily Traded ETFs of Q3

SQQQ: Red Flags For Market Euphoria

The Fed's 50bps cut led to market euphoria, and the S&P500 broke to new all-time highs. However, market internals showed sluggish performance with fewer stocks breaking out and leading stocks like the "Mag 7" stuck in range. Seasonality, stretched valuations, and crowded trades suggest "Mag 7" stocks may not lead soon, impacting QQQ's rally sustainability.

SQQQ: Red Flags For Market Euphoria

SQQQ Can Bring Trading Appeal During The Upcoming Fed Meeting

The SQQQ ETF offers 3x inverse daily returns on the NASDAQ-100 Index, ideal for single-day trades due to daily resets. Economic indicators suggest a softening economy, with mixed CPI data and more contractionary ISM-PMI prints, impacting consumer and discretionary spending. AI/ML applications are driving enterprise efficiency, but economic hardships may impact the broader market, which may indirectly affect NASDAQ's top constituents, leading to heightened market volatility.

SQQQ Can Bring Trading Appeal During The Upcoming Fed Meeting

See News Rankings

Charts implemented using Lightweight Charts™