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PSQ vs SIJ

ProShares Short QQQ

PSQBNYSE Arca

ProShares UltraShort Industrials

SIJCNYSE Arca

Overlap

0.0%by weight

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

PSQ0.95%SIJ0.95%

Avg volume · 30D

PSQ 1405.0×the volume

PSQ13MSIJ9.24K

10Y return · a year

PSQ +8.8pt

PSQ−18.0%SIJ−26.8%

PSQ vs SIJ Performance

Nov 2, 2021 – Nov 2, 2026

−41.5%PSQ−60.2%SIJ

Nov 2, 2021 to Nov 2, 2026. PSQ −41.5%. SIJ −60.2%. Use the arrow keys to read each point.−25%0%25%50%Nov 2021May 2024Nov 2026
Expense ratio
PSQ 0.95%
SIJ 0.95%
Fund size
PSQ $611M
SIJ $2M
1Y total return
PSQ −5.7%, better
SIJ −16.9%
Yield (12M)
PSQ 3.85%, better
SIJ 3.29%
Holdings
PSQ 4
SIJ 1
Avg volume (30D)
PSQ 13M sh, better
SIJ 9.24K sh
NAV per share
PSQ $26.64
SIJ $18.93
52W range

ETF.net Grade

PSQ: Cost 50, Risk 60, Mission 98, Tradability 98, Holdings 55, Durability 72. SIJ: Cost 50, Risk 41, Mission not scored, Tradability 38, Holdings not scored, Durability 41.
Pillar letters and Scores for PSQ, SIJ, with each pillar’s weight
PillarPSQSIJ
Cost30% weightC50C50
Mission25% weightA98Not scored
Risk15% weightB60HigherC41
Tradability15% weightA98HigherD38
Holdings10% weightB55Not scored
Durability5% weightA72HigherC41

Rank among Leveraged Inverse (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PSQ and SIJ are both graded against the same 53 Leveraged Inverse (2x & Other) funds, so their Grades compare head to head.

Leveraged Inverse (2x & Other)⁠

Category · 53 funds
See all 53 ›

PSQ ranks 1st and SIJ 32nd of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 1BDOGProShares Short Dow30Score 65
  2. Rank 1BPSQProShares Short QQQScore 65
  3. Rank 1BSVXYProShares Short VIX Short-Term Futures ETFScore 65
  4. Rank 32CSDPProShares UltraShort UtilitiesScore 40
  5. Rank 32CSIJProShares UltraShort IndustrialsScore 40
  6. Rank 32CSMNProShares UltraShort MaterialsScore 40

Our read on each fund

ETF.net Research

PSQBProShares Short QQQ

SIJCProShares UltraShort Industrials

In short

PSQ The plain short on the Nasdaq-100: PSQ aims for -1x the index's daily move, with no leverage multiplier bolted on. It has been running since 2006, making it one of the original one-for-one bear tools.

SIJ Wall Street's only two-times inverse play on the industrials sector in ETF form: one ticker, machinery-to-airlines exposure flipped upside down, reset at the end of every trading day since 2007.

Stated mandate

PSQ The fund is designed to provide -1x exposure to the Nasdaq-100 Index's daily price movement, seeking to benefit when that index declines.

SIJ SIJ seeks, before fees and expenses, daily investment results equal to twice the inverse of the S&P Industrials Select Sector Index’s daily performance. It is intended to gain when the industrials sector declines.

Why people hold it

  • PSQ ProShares bills it as the only -1x ETF built to profit when the Nasdaq-100's daily price falls. Sibling QID doubles the dose at -2x; PSQ stays one-for-one.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (0.96% gross), near the category median and the same net fee as -2x QID, also waived through September 30, 2027.
  • Among the most actively traded funds in the bear category, and one of the closest to its stated daily target in a peer group of 50-plus funds.
  • SIJ ProShares calls it the only -2x ETF built to rise when the industrials sector falls on the day. No other wrapper offers that exact dial.proshares.com
  • 0.95% net of a waiver through September 30, 2027, matching ProShares staples DOG and PSQ (both 0.95% net of waivers through the same date) and near the category median.
  • Trading since January 2007, which makes it one of the original leveraged-inverse sector funds, built and run by the shop that pioneered them.
  • Short exposure comes from swaps and futures on the index, not borrowed stock in a margin account.proshares.com

Worth knowing

  • PSQ The -1x goal resets daily. Over weeks or months, compounding means results can differ from -1x the index's move across that stretch, especially in choppy markets.sec.gov
  • Cheap for this corner of the market, pricey next to a broad index fund. The fee accrues every day you hold it, hedge or trade.
  • It cuts one way: when the Nasdaq-100 rises on the day, PSQ is designed to fall roughly in step.
  • SIJ The -2x target resets daily. Hold longer and compounding can push results well away from -2x the index's move over that stretch, especially in choppy markets.proshares.com
  • Gross expenses run 3.82% before the waiver, and that waiver runs out September 30, 2027. Renewal is up to ProShares.
  • A small fund that trades lightly next to the broad-market inverse names, so spreads and execution costs carry more weight.

Full PSQ profile⁠

Full SIJ profile⁠

PSQ vs SIJ Holdings

How PSQ and SIJ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of PSQ and 0.0% of SIJ.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%

Sector

No Sector split for SIJ.

Country, concentration and asset class

Country by domicile

No country split for SIJ.

Concentration

Weight in the 10 largest Holdings

  • PSQ115.2%
  • SIJ100.0%

Securities held

  • PSQ4
  • SIJ0

Asset class

PSQ
Equity
SIJ
Equity

Holdings

  • Only in PSQ4
  • In both0
  • Only in SIJ0

Only in PSQ

4 securities, 100% of PSQ by weight

  • Proshares Genius Mny Mkt Etf74.06%
  • TREASURY BILL, 0%, due 2026-12-1017.97%
  • TREASURY BILL, 0%, due 2026-12-2917.93%

Only in SIJ

0 securities, 0.0% of SIJ by weight

Weight gaps

PSQ and SIJ share no securities.

All 17 PSQ holdings⁠All 8 SIJ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PSQ vs SIJ Cost

Same expense ratio

$17,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PSQ 0.95%

    $17,869

  • SIJ 0.95%

    $17,869

$10,000
30 years

Cost over time

  • PSQ 0.95%
  • SIJ 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PSQ $17,869SIJ $17,869

Year by year

YearPSQSIJ
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%PSQ
  • 0.95%SIJ
  • Middle half of Leveraged Inverse (2x & Other) funds
  • Median 0.95%

PSQ 6th cheapest of 53 funds

SIJ 6th cheapest of 53 funds

PSQ vs SIJ Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
PSQ 3.85%, better
SIJ 3.29%
Payout (12M)
PSQ $1.04
SIJ $0.61
Last payment
PSQ $0.26
SIJ $0.13
Ex-dividend
PSQ Sep 23, 2026
SIJ Sep 23, 2026
Paid on
PSQ Sep 29, 2026
SIJ Sep 29, 2026
Frequency
PSQ Quarterly
SIJ Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

PSQQuarterly · 26 paymentsAll PSQ payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.03; Mar 21, 2018 $0.20; Jun 20, 2018 $0.39; Sep 26, 2018 $0.51; Dec 26, 2018 $0.53; Mar 20, 2019 $0.51; Jun 25, 2019 $0.66; Sep 25, 2019 $0.57; Dec 24, 2019 $0.41; Mar 25, 2020 $0.22; Dec 22, 2022 $0.25; Mar 22, 2023 $0.46; Jun 21, 2023 $0.72; Sep 20, 2023 $0.72; Dec 20, 2023 $0.95; Mar 20, 2024 $0.54; Jun 26, 2024 $0.76; Sep 25, 2024 $0.68; Dec 23, 2024 $0.70; Mar 26, 2025 $0.34; Jun 25, 2025 $0.40; Sep 24, 2025 $0.36; Dec 24, 2025 $0.40; Mar 25, 2026 $0.15; Jun 24, 2026 $0.23; Sep 23, 2026 $0.26. Use the arrow keys to read each point.$0$12017202020232026YTD
SIJQuarterly · 22 paymentsAll SIJ payments⁠
One bar per payment. 22 payments from 2017 to 2026 YTD. Jun 20, 2018 $0.21; Sep 26, 2018 $0.48; Dec 26, 2018 $0.57; Mar 20, 2019 $0.53; Jun 25, 2019 $1.05; Sep 25, 2019 $0.61; Dec 24, 2019 $0.41; Mar 22, 2023 $0.28; Jun 21, 2023 $0.52; Sep 20, 2023 $0.68; Dec 20, 2023 $0.74; Mar 20, 2024 $0.43; Jun 26, 2024 $0.56; Sep 25, 2024 $0.44; Dec 23, 2024 $0.58; Mar 26, 2025 $0.25; Jun 25, 2025 $0.36; Sep 24, 2025 $0.32; Dec 24, 2025 $0.29; Mar 25, 2026 $0.05; Jun 24, 2026 $0.12; Sep 23, 2026 $0.13. Use the arrow keys to read each point.$0$12017202020232026YTD

PSQ vs SIJ Risk

Fall from peak · 5 years

  • PSQ
  • SIJ
Nov 2, 2021 to Nov 2, 2026. Worst fall: SIJ −78.9% · Aug 2026. Use the arrow keys to read each point.−80%−60%−40%−20%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
PSQ 16.8%, betterSIJ 31.4%
Return per unit of riskSharpe ratio, 3 years
PSQ −1.33SIJ −1.08, better
Worst fallMax drawdown, 5 years
PSQ −61.5%, betterSIJ −78.9%
Market sensitivityBeta, 5 years
PSQ −1.18SIJ −1.77

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