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ETF Comparisons

SQQQ vs. TQQQ

ProShares UltraPro Short QQQ

SQQQ
$—
Today’s Change
— (—)
vs

ProShares UltraPro QQQ

TQQQ
$—
Today’s Change
— (—)

Correlation

-1.00

Compare with

Top 10 comparisons with SQQQ:
Compare:
SQQQ
Correlation
With:
TQQQ
ProShares UltraPro QQQ
-1.00
SwitchQIDProShares Trust - ProShares UltraShort QQQ -2x Shares1.00PSQProShares Trust - ProShares Short QQQ -1x Shares1.00BERZBank of Montreal - MicroSectorsTM Solactive FANG & Innovation -3X Inverse Leveraged ETNs0.97TECSDirexion Shares ETF Trust - Direxion Daily Technology Bear -3X Shares0.97SPXSDirexion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares0.94SDSProShares Trust - ProShares UltraShort S&P500 -2x Shares0.94SPXUProShares Trust - ProShares UltraPro Short S&P 5000.94SPDNDirexion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares0.94SHProShares Trust - ProShares Short S&P500 -1x Shares0.94FNGDBank of Montreal - MicroSectors FANG+ Index -3X Inverse Leveraged ETNs0.94

Top 10 shared holdings

Invest with SQQQ
Learn more about SQQQ
Invest with TQQQ
Learn more about TQQQ
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

Performance Measures**

for the time period Feb 11, 2010 to Aug 10, 2026

Returns

1M Trailing Return:

3M Trailing Return:

SQQQ

-25.0%

-25.0%

TQQQ

-4.2%

-3.9%

Diff.

-20.8%

-21.1%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SQQQ

-100.0%

69.3%

TQQQ

-81.7%

62.1%

Diff.

-18.3%

+7.2%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SQQQ

-0.77

-0.54

TQQQ

0.89

0.53

Diff.

-1.66

-1.07

SQQQProShares UltraPro Short QQQ
TQQQProShares UltraPro QQQ

What is SQQQ?

ProShares UltraPro Short QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index .

Snapshot
**

SQQQ ProShares UltraPro Short QQQ
TQQQ ProShares UltraPro QQQ
Inception date
Feb 9, 2010
Feb 9, 2010
Expense ratio
0.95%
0.86%
SQQQ has a higher expense ratio than TQQQ by 0.08%. This can indicate that it’s more expensive to invest in SQQQ than TQQQ.
Type
US Equities
US Equities
SQQQ targets investing in US Equities, while TQQQ targets investing in US Equities.
Fund owner
ProShares
ProShares
SQQQ is managed by ProShares, while TQQQ is managed by ProShares.
Volume (1m avg. daily)
$2,217,551,125
$3,460,839,081
Both SQQQ and TQQQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$4,455,851,279
$16,056,070,130
SQQQ has more assets under management than TQQQ by $11,600,218,851. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
Nasdaq 100 Index
SQQQ is based off of the Nasdaq 100 Index, while TQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
Inverse (-3x)
Leveraged (3x)
SQQQ uses Inverse (-3x), while TQQQ uses Leveraged (3x). Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SQQQ and TQQQ both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
SQQQ and TQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither SQQQ nor TQQQ require a K1.
When ETFs are inversely correlated, they can be used in actively traded strategies (multiple trades per week) to take positions in opposing directions. For example, if you believe SQQQ is going to fall, it would make sense to invest in TQQQ, as based on historical data, when SQQQ decreases in value, TQQQ tends to increase in value.

Trading Strategies
Related toSQQQ

The Holy Grail

Category

Trend/momentum, leveraged ETFs, tech/Nasdaq focus, volatility hedge, market timing

OOS Cumulative Return

1977.75%

Trading Strategies
Related toTQQQ

Simons KMLM switcher (single pops)| BT 4/13/22 = A.R. 466% / D.D. 22% V2

Category

Tactical, momentum, mean‑reversion, volatility timing, leveraged ETFs, managed futures, risk‑on/risk‑off, event‑driven

OOS Cumulative Return

1735.43%

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

With any investment, your capital is at risk. The value of your portfolio with Composer can go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Please see Composer Securities' Customer Relationship Summary.

Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

Options trading involves significant risk and is not appropriate for all investors. Prior to buying or selling an option with Composer Securities LLC, please read the "Characteristics and Risks of Standardized Options," also known as the Options Disclosure Document (ODD). You can access the ODD by clicking here. Options transactions are often complex and can expose investors to potentially rapid and substantial losses. In some cases, you may lose your entire investment in a relatively short period. Furthermore, certain complex options strategies carry additional risk, including the potential for losses that may exceed your original investment amount.

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Composer Securities does not provide tax advice. This material is for informational purposes only and is not intended to be a substitute for consultation with a qualified tax professional before making any investment decisions.

The cash sweep program is made available in coordination with Apex Clearing Corporation through Composer Securities. Please read the Important Disclosures for more information.

Composer Securities is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. SIPC does not protect against market losses.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

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Market data refreshed at least every 15 minutes unless otherwise indicated. Market data provided by Xignite.

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