ProShares UltraPro Short QQQ

Built to profit when the Nasdaq-100 falls, SQQQ is the mirror image of a leveraged tech fund. It seeks three times the inverse of the index's daily move, so a 1% drop in big-cap technology is designed to hand SQQQ roughly a 3% gain, and a 1% rise, a 3% loss. Traders use it to hedge a portfolio or to bet outright that tech stocks are heading down, without having to short individual shares. Like all leveraged and inverse funds, it resets every day, and that daily compounding means its returns over any longer period can diverge sharply from minus three times the index, usually to the holder's detriment in a rising or choppy market, where it can bleed value even if the index ends flat. Issued by ProShares and launched in 2010, SQQQ is a short-term tactical instrument, a fast, dangerous way to profit from or protect against a tech-market decline.

On MyRWA, SQQQ trades tokenized across 19 on-chain venues - see the listings below.