Below … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. In other words, if the underlying index falls by 1%, SQQQ should rise by 3%. These factors would affect actual trading results. View the latest ETF prices and news for better ETF investing. Method 2. QQQ ended up at $96 (down 4% from starting amount), while TQQQ ended up at $64 (down 36% from starting amount!!). The Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The QQQ may work as either a short- or long-term investment, but the TQQQ is typically an intraday trade. However, because of its structure and usage of derivatives, leveraged ETFs are more risky and volatile than simply multiplying the risks by 3. SQQQ has a lower 5-year return than TQQQ (-60.62% vs 61.21%). TQQQ and SQQQ – high risk high return. View TQQQ exchange traded fund data and compare to other ETFs, stocks and exchanges. Latest TQQQ News. If we look at historical data over the last decade, QQQ has provided a return of 385% overall when compared to TQQQ which has returned a staggering 5000% returns! Pros of TQQQ . Both SQQQ and TQQQ are ETFs. TQQQ provides a 3X exposure to QQQ. Compare Ultrapro QQQ Proshares (TQQQ) to other companies with price, technicals, performance, and fundamentals comparison. 1. Residuals of the regression are plotted and analyzed further: Profit analysis is a set of backtests performed using multiple pair trading models over significant portion of parameter space. Top 10 Holdings (122.33% of Total Assets), You may also want to check out the following SQQQ comparisons that investors often look for on Finny. All Rights Reserved. Learn everything about ProShares UltraPro Short QQQ (SQQQ). Here is a beginner video on how to day trade inverse etfs in the stock market like tqqq and sqqq. The Fund seeks daily investment results that correspond to three times (3x) the return of the Nasdaq-100 Index for a single day, not for any other period. No representation is being made that you will or is likely to achieve profits or losses similar to these being shown. We are interested in some key statistical properties (like β, ...) and in analysing orthogonal residuals: In this section, Engle-Granger cointegration test is performed using OLS regression method in both directions. QQQ has a lower expense ratio than SQQQ (0.2% vs 0.95%). Backtested performance does not represent actual performance and should not be interpreted as an indication of such performance. Cumulative log returns using TQQQ: 258% Cumulative log returns using SQQQ: 294% So yes, it appears that with perfect shorting ability and zero borrow fees, shorting SQQQ is more profitable. In trading on Friday, shares of the ProShares ProShares UltraPro QQQ ETF (Symbol: TQQQ) crossed below their 200 day moving average of $72.52, changing hands as low as $67.50 per share. Here we apply an orthogonal regression (also known as total least squares) to both price series. With the Nasdaq Composite soaring to record heights and the technology sector ranking as this year's best-performing group, it … TQQQ clears that hurdle easily with tight spreads and strong daily volume. SQQQ vs QQQ. Simulated, backtested or hypothetical stock trading systems in general are also subject to the fact that they are designed with the benefit of hindsight. Unlike the results shown in an actual performance record, these results do not represent actual trading. With its 3X and -3X leverages, TQQQ and SQQQ seem simple and straightforward at first. SQQQ and TQQQ have the same expense ratio (0.95%). Hope this video gets you one step closer to your goal! This is the profit analysis where backtested strategies are allowed to open both long and short positions: This is the profit analysis where backtested strategies are allowed to open long positions only: This is the profit analysis where backtested strategies are allowed to open short positions only: This profit analysis has been performed using strategies with inverted signals and transformed prices. QLD vs. TQQQ: Head-To-Head ETF Comparison The table below compares many ETF metrics between QLD and TQQQ. Interactive Chart for ProShares UltraPro QQQ (TQQQ), analyze all the data with a huge range of indicators. QQQ has a higher 5-year return than SQQQ (26.21% vs -61.68%). ProShares UltraPro QQQ has an MSCI ESG Fund Rating of … If the Nasdaq-100 moves by 1%, TQQQ moves by 3%. Please log in or sign up to get more functionality and access your account. ET Distributions: Quarterly * With Contractual Waiver ending 9/30/21. And then tomorrow QQQ goes back up 20%, and TQQQ goes up 60%. Price Information as of 3/5/21 . ProShares UltraPro Short QQQ NASDAQ Updated Mar 9, 2021 12:59 AM. There are numerous factors related to the stock market in general and to the implementation of any stock market timing program, which cannot be fully accounted for in the preparation of hypothetical performance results. View and compare TQQQ,SQQQ on Yahoo Finance. Below is the comparison between SQQQ and TQQQ. QQQ vs. SPY: Head-To-Head ETF Comparison The table below compares many ETF metrics between QQQ and SPY. Free ratings, analyses, holdings, benchmarks, quotes, and news. Get comparisons, analyses and forecasts for stocks, ETFs & funds. Let's take a look at one such ETF, the ProShares UltraPro QQQ (Nasdaq: TQQQ), which leverages the Nasdaq-100 3-to-1. In addition, you can see aggregated statistics in the left panel. The Fund invests in derivatives that ProShares Advisors believes should have similar daily performance characteristics as three times the inverse of the daily performance of the index. SQQQ 16.32 1.28 (8.51%). "even" means that the first leg is both inverted and transformed, "odd" means that the first leg is transformed but the second leg is inverted. Leveraged ETFs are great for making outsized returns. Here’s how TQQQ works: if the Nasdaq 100 Index rises 1%, TQQQ will generally rise 3%, and vice versa. News • Dec 23, 2020. Backtested strategies have been allowed to open both long and short positions: © 2011 - 2021 Quantverse OÜ. This means holders of TQQQ would have captured all of the downside movement (risks) and only part of the upside. The backtested results listed here do not take into consideration slippage, fees, taxes, or dividends and interest earned on cash positions. Because TQQQ tracks its 3x multiplier on a DAILY basis, it really isn't sustainable as a long-term buy-and-hold investment. SQQQ has a lower 5-year return than TQQQ (-60.62% vs 61.21%). QQQ vs. TQQQ: An Overview . Here we apply an orthogonal regression (also known as total least squares) to both price series.We are interested in some key statistical properties (like β, ...) and in analysing orthogonal residuals: Today QQQ goes down 20%, and TQQQ goes down 60%. Chart data from Thomson Reuters. Disclaimer: Backtested, simulated or hypothetical performance results have certain inherent limitations. Post-Market 0.26 (1.59%) TQQQ MSCI ESG Analytics Insight. All material presented within is not to be regarded as investment advice, but for general informational purposes only.