ProShares UltraPro Short QQQ (SQQQ)

Ticker SQQQ · US exchange · Index Nasdaq 100

ProShares UltraPro Short QQQ is a leveraged ETF from the United States. For each single trading day, it aims for minus three times the daily return of the Nasdaq 100. On May 31, 2026 it held no stocks; its assets consisted of derivatives and short-term investments. The prospectus states an expense ratio of 0.95% a year.

ListingUS
Expense ratio0.95 %
Net assets2.2 bn USD
Daily leverage−3×
Holdings as ofMay 31, 2026

Availability in the EU

Retail investors in the EU usually cannot buy this fund. Banks and brokers may only offer it with a key information document under the PRIIPs regulation, and US ETFs rarely have one. Unleveraged UCITS ETFs on the Nasdaq 100 in our coverage:

Price history

Data note 1

Performance

Performance figures
Trailing (1Y)-53.6 %Year to date-43.3 %
Calendar year 2025-56.0 %

Data note 2

How daily leverage works

Because the leverage is reset every day, the return over several days does not equal minus three times the index return. In volatile markets it usually falls short. If the index rose by more than a third in a single day, the fund's assets would in theory be wiped out. In our price database, QQQ moved +22.4% from September 11, 2025 to September 11, 2026. Minus three times that would have been −67.2%; SQQQ returned −53.6%.

All 0 stock positions

as of May 31, 2026 · SEC Form N-PORT · weight in % of net assets

Asset mix

Other104.4 %
Cash and short-term investments95.9 %
Derivatives-103.2 %

Data note 3

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