SQQQ Performance — ProShares UltraPro Short QQQ
Data updated: 2026-08-14
SQQQ returned −43.98% year to date and −65.89% over one year to May 2026. Annualised returns are −56.75% over 3 years and −49.16% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $8, against $173 for the category, and to $34 over one year, against $137. Volatility over the past three years was 46.27% a year. In the 12 months to May 2026 the fund took in a net $2.2B, and assets reached $2.23B.
SQQQ Growth of $100
What $100 invested in ProShares UltraPro Short QQQ grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | SQQQ | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $34 | $137 |
| 3 years (Jun 2023 – May 2026) | $8 | $173 |
| 5 years (Jun 2021 – May 2026) | $3 | $155 |
| Since data start (Sep 2019 – May 2026) | $0 | $181 |
SQQQ Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −43.98% |
| 1 year | −65.89% |
| 3 years (annualised) | −56.75% |
| 5 years (annualised) | −49.16% |
SQQQ Annual Returns
Calendar-year total returns of ProShares UltraPro Short QQQ, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −43.98% |
| 2025 | −53.07% |
| 2024 | −49.77% |
| 2023 | −73.63% |
| 2022 | +82.36% |
| 2021 | −60.90% |
| 2020 | −86.38% |
| 2019 (Sep–Dec) | −32.80% |
SQQQ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −3.2% | +6.7% | +14.4% | −35.7% | −26.2% | — | — | — | — | — | — | — |
| 2025 | −6.9% | +8.2% | +23.9% | −19.2% | −23.5% | −16.4% | −5.9% | −2.4% | −14.0% | −13.6% | +3.9% | +2.5% |
| 2024 | −5.1% | −14.4% | −3.0% | +14.4% | −16.1% | −15.9% | +3.7% | −4.8% | −7.7% | +2.7% | −14.2% | −1.7% |
| 2023 | −27.2% | −0.5% | −24.5% | −1.4% | −20.2% | −17.2% | −10.3% | +4.6% | +17.3% | +6.1% | −26.2% | −14.2% |
| 2022 | +25.1% | +9.6% | −16.8% | +45.2% | −3.7% | +24.2% | −32.3% | +13.9% | +35.1% | −15.3% | −20.4% | +31.0% |
| 2021 | −3.2% | −1.8% | −8.8% | −17.0% | +1.6% | −17.7% | −8.6% | −12.3% | +17.9% | −21.4% | −6.8% | −6.2% |
| 2020 | −9.0% | +15.7% | −17.0% | −40.6% | −18.6% | −19.7% | −21.5% | −28.5% | +12.0% | +5.7% | −29.3% | −14.5% |
| 2019 | — | — | — | — | — | — | — | — | −2.7% | −12.6% | −11.2% | −11.0% |
SQQQ Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 46.27%
- 3-year Sharpe ratio: -1.32 (vs 4.5% risk-free rate)
- Best month: +23.89% (Mar 2025)
- Worst month: −35.70% (Apr 2026)
SQQQ Fund Flows
Monthly money in and out of ProShares UltraPro Short QQQ, from SEC Form N-PORT.
- 12-month net flow: $2.2B
- 12-month gross sales (incl. reinvestments): $19.9B
- Sales ÷ redemptions: 1.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.1B | $2.0B | $108.9M |
| Apr 2026 | $3.1B | $1.5B | $1.6B |
| Mar 2026 | $2.9B | $3.0B | −$98.7M |
| Feb 2026 | $2.3B | $2.3B | $42.9M |
| Jan 2026 | $1.0B | $1.2B | −$147.0M |
| Dec 2025 | $1.0B | $1.2B | −$162.9M |
| Nov 2025 | $1.4B | $2.2B | −$793.6M |
| Oct 2025 | $1.4B | $1.2B | $204.2M |
| Sep 2025 | $1.5B | $629.9M | $842.4M |
| Aug 2025 | $844.9M | $1.0B | −$182.0M |
| Jul 2025 | $1.3B | $874.1M | $406.8M |
| Jun 2025 | $991.5M | $596.3M | $395.2M |
SQQQ Assets Under Management
Net assets of ProShares UltraPro Short QQQ by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.23B |
| 2026-02-28 | $2.29B |
| 2025-11-30 | $2.45B |
| 2025-08-31 | $2.92B |
| 2025-05-31 | $3.05B |
| 2025-02-28 | $2.21B |
| 2024-11-30 | $2.10B |
| 2024-08-31 | $2.41B |
| 2024-05-31 | $3.02B |
| 2024-02-29 | $3.34B |
| 2023-11-30 | $3.78B |
| 2023-08-31 | $3.71B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.