ProShares UltraPro Short S&P500 Price & Performance (SPXU)

ProShares UltraPro Short QQQ (SQQQ) saw its trading volume drop significantly, with just 25.9 million shares exchanged compared to an average of 64.9 million. The stock also slipped 3.9% during Friday trading, closing at $38.01. This marks a notable shift in investor activity for the leveraged inverse ETF targeting the Nasdaq-100.1

Inverse ETFs, such as ProShares UltraPro Short S&P 500 (SPXU), are gaining traction as traders seek protection against market downturns. These funds offer leveraged exposure, with SPXU providing 3x inverse performance of the S&P 500. However, their daily resetting nature requires careful monitoring due to potential compounding effects over time.2

The Direxion Daily Small Cap Bear 3X Shares (TZA) recorded an 11.5% gain last week, reflecting increased bearish sentiment in the small-cap sector. This ETF provides 3x inverse exposure to the Russell 2000 index, benefiting from falling small-cap equities amidst broader market challenges.3