No as it does the reverse of QQQ which has moved up SQQQ will do opposite and move down.
SQQQ has undergone multiple reverse splits over the years. The most recent reverse split took effect on November 20, 2025, at a 1-for-5 ratio. Full Reverse Split History for SQQQ All splits listed below are reverse splits (the fund has never done a forward split): I could not paste the R/S dates but it usually does R/S when it gets under $10
Market Data 
Markets 
AI
