ProShares UltraPro Short QQQ ETF (SQQQ)
XMEX 
NASDAQ (NMS) Primary XMEX Summary
SQQQ Chart
SQQQ: A Strategy For A Nasdaq At Its Highs
ProShares UltraPro Short QQQ ETF is an ultrashort ETF with inverse leverage (-3x) on the Nasdaq-100. It is not a hedge instrument: it is not suitable for passive inclusion in a portfolio due to the inverse leverage decay effect. However, it can be used as a trading tool, but even here, decay plays negatively, especially in contrarian strategies or after a Nasdaq-100 dump.
SQQQ: Smart Play For Protecting The Technology Focused Investment
ProShares UltraPro Short QQQ ETF remains a preferred hedge for technology-heavy portfolios amid rising market concentration and volatility. I maintain a HOLD rating on SQQQ, continuing to use both shares and options for portfolio protection despite its short-term nature. SQQQ is particularly effective for hedging against high-yield option income ETFs like GPIQ, with inverse effects amplified during volatile periods.
SQQQ vs. SPXS: Which Inverse ETF Is a Better Buy?
The Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS) is comparatively less risky but may offer less reward.
ProShares UltraPro Short QQQ ETF (SQQQ) FAQ
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Does it pay dividends? What is the current yield?
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Has ProShares UltraPro Short QQQ ETF ever had a stock split?
ProShares UltraPro Short QQQ ETF Profile
| XMEX Exchange | US Country |
Overview
The fund is designed to offer investors exposure to the 100 largest domestic and international non-financial companies listed on The Nasdaq Stock Market, based on market capitalization. Managed by ProShare Advisors, it employs financial instruments to aim for daily returns that align with its Daily Target, within a non-diversified fund structure. This strategic focus caters to investors seeking to capitalize on the performance of leading technology and biotech companies, among other sectors, within the Nasdaq.
Products and Services
- Daily Target Investment Strategy
This strategy is aimed at achieving daily returns that match the fund's predetermined Daily Target. By leveraging various financial instruments, ProShare Advisors seeks to closely align the day-to-day fund performance with its goals, making it an appealing choice for investors aiming for specific daily outcomes.
- Exposure to Top 100 Nasdaq Non-Financial Companies
Investors gain exposure to a portfolio consisting of the 100 largest non-financial companies on the Nasdaq based on market capitalization. This includes a diverse range of leading technology and biotech companies, offering a unique blend of growth potentialities within these dynamic sectors.
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