ProShares UltraPro Short QQQ

$SQQQ · ProShares · tracks Nasdaq-100 (−3× daily) · since 2010

Dividend yield

5.60%

Expense ratio

0.95%

Assets

$4.2B

About SQQQ

SQQQ is the inverse counterpart to TQQQ, seeking −3× the daily return of the Nasdaq-100. It is heavily used by traders to hedge tech-heavy portfolios or to speculate on Nasdaq declines. Due to the structural drag of daily rebalancing, SQQQ loses value over time in rising or sideways markets.

How StockWorthy analyses SQQQ

ETFs hold companies rather than generating cash flow themselves, so SQQQ is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 4.80% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.