ProShares SQQQ (SQQQ) gained 6.2% year-to-date as tech stocks face pressure from higher-rate concerns. SQQQ dropped 42.3% over one year. Daily rebalancing decay erodes returns over longer periods. The ...
SQQQ provides 3x inverse 1-day returns of the Nasdaq 100 Index. Levered ETFs provide positive convexity in the direction of the bet. Daily rebalancing of exposure causes value decay, especially in ...
AOL: SQQQ Profits When Tech Drops, But the Math Gets Ugly After a Few Days
Tue, at 11:27 AM UTC SQQQ exists to profit when the Nasdaq-100 falls. It's a 3x inverse leveraged ETF, meaning if the Nasdaq drops 1% in a day, ProShares UltraPro Short QQQ ...
SQQQ Profits When Tech Drops, But the Math Gets Ugly After a Few Days