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Launched · SEC filings

ProShares - UltraPro Short QQQ

SQQQNasdaqAThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$33.98+0.35 (+1.04%)

At close: Oct 13, 2026, 4:00 PM

A75/ 100

Rank 2 of 14 in 3x Leveraged Inverse

A75/100Rank 2 of 14in3x Leveraged Inverse
Intraday session: up, 79 prints from 33.63 to 33.98. Range 33.95 to 34.47. Use the arrow keys to read each point.33.8034.2034.4010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$2.1B
1Y total return
−55.4%
Yield · Last 12 months
9.68%
Holdings
12
Avg volume · 30D
55.1M sh
NAV per share
$33.65
52W range
low $31.42high $90.72
Launched
Filings
SEC EDGAR

The ETF.net SQQQ Grade

A

Score 75 out of 100

Category
3x Leveraged Inverse⁠
Rank
2 of 14
Six-pillar profile for SQQQ. Scores out of 100: Cost 84, Risk 43, Mission 95, Tradability 93, Holdings 33, Durability 74. Strongest: Mission (95). Weakest: Holdings (33). Leans toward Mission and Tradability.

Score 75 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A84 out of 100
    Rank 2 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 1 of 4

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 9 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A93 out of 100
    Rank 1 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D33 out of 100
    Rank 1 of 2

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A74 out of 100
    Rank 1 of 14

Our read on SQQQ

ETF.net Research

AThe heavy end of ProShares' Nasdaq-100 short shelf: SQQQ aims to deliver three times the inverse of the index's daily move, then resets the clock every session.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to three times the inverse of the Nasdaq-100 Index’s daily performance.

Why people hold it

  1. 01The same Nasdaq-100 short trade comes in three strengths (PSQ, QID, SQQQ). This is the most aggressive dial setting at a stated -3x daily.proshares.com
  2. 020.99% expense ratio, below the typical leveraged bear fund's fee.
  3. 03One of the most heavily traded names in the leveraged and inverse aisle, which matters when the holding period is measured in hours.
  4. 04Running since 2010 and among the tighter trackers of its stated daily objective in its peer group.

Worth knowing

  1. 01The -3x target applies to one day. Hold longer and compounding takes the wheel, so multi-day results can land far from three times the index's move.
  2. 02A rising Nasdaq-100 cuts three times as deep, and choppy stretches grind value away even when the index ends where it started.
  3. 03The exposure is inverse to one concentrated, tech-heavy index of about 100 names, not the broad US market.proshares.com

SQQQ Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
12
Top-10 weight
141%
Largest holding
IQMM65.2%

Sectors

  • Financials100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IQMMProshares Genius Mny Mkt Etf65.24%13,748,000$1.4B61
002—TREASURY BILL, 0%, due 2026-12-0314.84%315,000,000$313M6
003—TREASURY BILL, 0%, due 2026-11-0314.18%300,000,000$299M11
004—TREASURY BILL, 0%, due 2027-01-1210.79%230,000,000$228M7
005—TREASURY BILL, 0%, due 2026-12-019.43%200,000,000$199M5
006—TREASURY BILL, 0%, due 2026-11-247.83%166,000,000$165M2
007—TREASURY BILL, 0%, due 2026-12-296.11%130,000,000$129M19
008—TREASURY BILL, 0%, due 2027-01-195.16%110,000,000$109M8
009—TREASURY BILL, 0%, due 2027-01-263.51%75,000,000$74M5
010—TREASURY BILL, 0%, due 2027-02-113.51%75,000,000$74M5
011—TREASURY BILL, 0%, due 2026-11-103.07%65,000,000$65M10
012—TREASURY BILL, 0%, due 2027-01-071.17%25,000,000$25M2

Showing 1–12 of 12 holdings

SQQQ Performance

Launched Feb 9, 2010

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SQQQ$4,458
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. SQQQ $4,458. SPY $12,044. Use the arrow keys to read each point.$3,592$8,139$12,686Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SQQQ. Periods over one year show the average yearly return.
PeriodSQQQ
Year to date−49.0%
1 month−12.3%
3 months−9.8%
1 year−55.4%
3 yearsper year−55.4%
5 yearsper year−47.5%
10 yearsper year−55.3%

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SQQQ
YearReturn barSQQQ
2026 YTD−49.0%
2025−53.1%
2024−49.7%
2023−73.7%
2022+82.4%
2021−60.9%
2020−86.4%

SQQQ in the news

Filtered to SQQQ · ProShares

SQQQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
9.68%Last 12 months
Payout per share
$3.25Last 12 months
Last payment
$0.47 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $15.09; Mar 21, 2018 $17.68; Jun 20, 2018 $20.64; Sep 26, 2018 $33.37; Dec 26, 2018 $257.26; Mar 20, 2019 $72.88; Jun 25, 2019 $152.59; Sep 25, 2019 $115.46; Dec 24, 2019 $67.50; Mar 25, 2020 $40.77; Dec 22, 2022 $3.78; Mar 22, 2023 $5.11; Jun 21, 2023 $6.66; Sep 20, 2023 $8.10; Dec 20, 2023 $7.07; Mar 20, 2024 $4.10; Jun 26, 2024 $4.01; Sep 25, 2024 $3.74; Dec 23, 2024 $4.08; Mar 26, 2025 $2.41; Jun 25, 2025 $1.28; Sep 24, 2025 $1.21; Dec 24, 2025 $1.51; Mar 25, 2026 $0.64; Jun 24, 2026 $0.64; Sep 23, 2026 $0.47. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 23, 2026Sep 29, 2026$0.47
Jun 24, 2026Jun 30, 2026$0.64
Mar 25, 2026Mar 31, 2026$0.64
Dec 24, 2025Dec 31, 2025$1.51
Sep 24, 2025Sep 30, 2025$1.21
Jun 25, 2025Jul 1, 2025$1.28
Mar 26, 2025Apr 1, 2025$2.41
Dec 23, 2024Dec 31, 2024$4.08
Sep 25, 2024Oct 2, 2024$3.74
Jun 26, 2024Jul 3, 2024$4.01
Mar 20, 2024Mar 27, 2024$4.10
Dec 20, 2023Dec 28, 2023$7.07

SQQQ Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
46.1%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−1.60
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−97.5%
Trough Oct 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−3.43
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SQQQ Cost

Expense ratio0.99%
  • The middle half of 3x Leveraged Inverse funds
  • Median 1.05%

1 of the 14 3x Leveraged Inverse funds charge less.

SQQQ costs $99.00 a year on $10,000. The median 3x Leveraged Inverse fund costs $105.00.

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