ProShares UltraPro Short QQQ

$72.96

+2.59 (+3.68%)

Fund Overview by ProShares

The ProShares UltraPro Short QQQ seeks -3x the daily return of the Nasdaq-100 — it goes up when the Nasdaq goes down. SQQQ is a short-term hedging and speculative tool. Due to daily rebalancing and volatility decay, it is virtually guaranteed to lose value over long periods in a rising market. It is used by traders to hedge tech-heavy portfolios or speculate on near-term market declines.

AUM$4B

Expense Ratio0.95%

Holdings101

Dividend Yield0.0%

DistributionNone

BenchmarkNasdaq-100 Index (-3x daily)

InceptionFeb 2010

ExchangeNYSE

Price Data

Open$71.14

Prev Close$70.37

Day Range$70.67 — $73.78

3x Inverse Nasdaq ETF Comparison

ETF	Price	Change	Expense	AUM	Holdings	Yield
SQQQ ProShares UltraPro Short QQQ	$72.96	+3.68%	0.95%	$4B	101	0.0%
QQQ Invesco QQQ Trust	$609.65	+2.11%	0.20%	$310B	101	0.5%
TQQQ ProShares UltraPro QQQ	$48.24	-3.64%	0.88%	$22B	101	0.2%

SQQQ FAQ

What is SQQQ?

SQQQ is the ProShares UltraPro Short QQQ, an exchange-traded fund managed by ProShares. It tracks the Nasdaq-100 Index (-3x daily) and holds 101 3x Inverse Nasdaq securities with an expense ratio of 0.95%.

What is the expense ratio of SQQQ?

SQQQ charges an annual expense ratio of 0.95%, which means you pay $95.00 per year for every $10,000 invested. This fee is deducted automatically from the fund's returns.

What are the alternatives to SQQQ?

Other 3x inverse nasdaq ETFs include QQQ, TQQQ. Each offers different expense ratios, weighting methodologies, and number of holdings. Compare them in the ETF comparison table above to find the best fit for your portfolio.

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Last updated: Feb 24, 2026 at 1:52 PM ET