SQQQ

ProShares UltraPro Short QQQ

$14.45

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

SQQQ is an inverse ETF that seeks to provide 3x the daily inverse performance of the Nasdaq-100 Index. This means it aims to generate returns that are 3 times the opposite of the daily performance of the Nasdaq-100 Index.

Overview

ETF tracking ProShares UltraPro Short QQQ

Category Inverse

Issuer ProShares

Inception Date 2010-02-11

Market Cap N/A

Average Volume N/A

Dividend Yield 12.45%

52-Week Range $12.76 - $52.97

VWAP $14.60

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

SQQQ uses derivatives such as swaps and futures contracts to achieve its 3x inverse exposure to the Nasdaq-100 Index. It does not actually hold the underlying securities in the index.

✨ Key Features

Provides 3x daily inverse exposure to the Nasdaq-100 Index
Uses derivatives to achieve its investment objective
Designed for short-term, tactical trading rather than long-term buy-and-hold
Has very high volatility and risk profile

⚠️ Primary Risks

Extremely high volatility and risk due to 3x leverage
Potential for significant losses if the Nasdaq-100 Index rises
Tracking error and deviation from the -3x daily index return
Counterparty risk associated with the derivative instruments

👤 Best For

SQQQ is a highly speculative and risky investment product, suitable only for experienced traders with a very short-term, tactical investment horizon and a high risk tolerance. It is not recommended for long-term buy-and-hold investors.