ProShares Short QQQ (PSQ) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PSQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSQ
PSQ charges 0.95% annually. There are 5 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 213.79M | Jun 2016 | PSQ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | PSQ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | PSQ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | PSQ vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | PSQ vs SH |
Best Risk-Adjusted Alternatives to PSQ
PSQ has a PortfoliosLab risk / return rank of 0. There are 53 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 35.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 35 | 5.31M | Oct 2024 | PSQ vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | PSQ vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 26 | 118.12M | Sep 2024 | PSQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 24 | 30.99M | Aug 2024 | PSQ vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | PSQ vs BRKD |
Top Performing PSQ Alternatives (YTD)
PSQ is at -16.45% YTD. There are 37 ETFs in the Inverse Equities category with higher YTD returns, going as high as 13.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 13.84% | 35.89M | Jul 2024 | PSQ vs FIAT | |
| Direxion Daily PLTR Bear 1X Shares | 13.23% | 40.54M | Dec 2024 | PSQ vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 11.23% | 5.31M | Oct 2024 | PSQ vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.43% | 13.89M | Sep 2022 | PSQ vs MSFD | |
| ProShares Short Financials | 8.89% | 15.40M | Jun 2008 | PSQ vs SEF |
Lowest Volatility Alternatives to PSQ
PSQ has 16.01% 1-year volatility. There are 9 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | PSQ vs ZIVB | |
| ProShares Short S&P500 | 11.80% | 981.01M | Jun 2006 | PSQ vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.10% | 213.79M | Jun 2016 | PSQ vs SPDN | |
| ProShares Short Dow30 | 12.13% | 108.72M | Jun 2006 | PSQ vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.51% | 13.26M | Aug 2024 | PSQ vs YQQQ |
Lowest Drawdown Alternatives to PSQ
PSQ has a 1-year max drawdown of -26.93%. There are 17 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | PSQ vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | PSQ vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | PSQ vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | PSQ vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | PSQ vs YXI |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 8 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 64.46% | 39.77B | Feb 2010 | PSQ vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.37% | 1.70B | Oct 2021 | PSQ vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 69 | 42.06% | 14.46B | Jun 2006 | PSQ vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 62 | 27.90% | 5.55B | Jun 2009 | PSQ vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 62 | 19.37% | 8.38B | Jun 2006 | PSQ vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 22 | 3.51% | 11.07B | Oct 2013 | PSQ vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | 114.00% | 3.05B | Jan 2007 | PSQ vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities | 0 | -45.27% | 2.23B | Feb 2010 | PSQ vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -19.06% | 398.99M | Oct 2011 | PSQ vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -52.92% | 446.55M | Apr 2024 | PSQ vs BITU |
Often Compared With PSQ
Investors most often compare PSQ with QQQ, QID, SPXU. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PSQ with Any Fund or Stock
Compare PSQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSQ with funds that move differently
ProShares Short QQQ alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSQ.
Explore PSQ Diversifiers