ProShares UltraPro Short QQQ





About Sqqq and Sqqq Trading

What is the ProShares UltraPro Short QQQ ETF?

The ProShares UltraPro Short QQQ (SQQQ) falls into the inverse-leveraged exchange-traded funds' category and aims to deliver -3 times the returns of the Nasdaq 100 index.

The SQQQ encompasses the largest companies listed on the Nasdaq stock market, excluding financial institutions, and prioritizing them based on market capitalization.

When did the ProShares UltraPro Short QQQ begin trading and how is it performing?

The ETF was established in February 2010 by ProShares, a company launched four years earlier, in 2010.

As of April 2020, the average daily volume exceeded 53.8 million trades, which makes the instrument more liquid than other ETFs of its size. The SQQQ price also grew gradually.

Is Sqqq a good buy now?

Investors who expect large-cap stocks to suffer losses in the short-term, in the near future, prefer trading on the SQQQ stock price. However, the SQQQ might prove a solution for other categories of traders as well.

What is Sqqq and Tqqq?

TQQQ is a leveraged ETF, built to offer a return that is three times the daily returns of Nasdaq 100, while SQQQ is an inversed leveraged ETF offering -3 times the returns of the same stock index.

How is Sqqq calculated?

The stated objective of SQQQ is to triple the opposite results of the Nasdaq-100. For example, if Nasdaq goes up 2%, then SQQQ will post a -6% loss.

Does Sqqq reverse split?

The SQQQ has had 5 reverse splits so far, the first one happening in May 2012 and the last one in August 2020. It is difficult to say when the next split will occur, and that's why you need to closely monitor the ETF.

Does Sqqq pay a dividend?

The SQQQ pays dividends. The last dividend value amounted to 0.0302 per share, paid on March 25, 2020.