The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
As investors search for safe havens in volatile markets, bear market funds are gaining popularity as a diversified asset class designed to withstand exceptionally volatile markets. While bear market funds can be appealing during periods of economic downturn due to their potential to produce returns against market movements, these funds can also be exceptionally volatile and risky.
The UltraPro Short QQQ ETF has a poor track record of losses, but can be used strategically by long-term investors. SQQQ is a leveraged bet against the Nasdaq 100, providing three times the inverse daily gains or losses. SQQQ can be used in pairs with other assets to create an alpha overlay strategy, expressing a bearish view on the Nasdaq 100 while maintaining exposure to other assets.
Wall Street wavered this week on high inflation data which lowered chances of an imminent Fed rate cut. Plus, geopolitical tension in Middle East has weighed on stocks.
As investors search for safe havens in volatile markets, bear market funds are gaining popularity as a diversified asset class designed to withstand exceptionally volatile markets. While bear market funds can be appealing during periods of economic downturn due to their potential to produce returns against market movements, these funds can also be exceptionally volatile and risky.
The NASDAQ 100 has formed a triple-top pattern and is showing a divergence in momentum, indicating a potential short-term decline. Investing in the SQQQ, an inverse ETF that tracks the NASDAQ-100 Index, may present a favorable opportunity during this market cooldown.
The ProShares UltraPro Short QQQ ETF (SQQQ) stock price has been in a freefall for a long time. The fund has crashed by over 99% in the past five years.
The ProShares UltraPro QQQ (TQQQ) ETF has done well this year as American stocks jumped. The highly leveraged fund soared to a high of $46 in November, bringing the year-to-date gains to over 80%.