Advance Auto Parts, Inc. vs ProShares Ultra QQQ ETF — how do they compare? Advance Auto Parts, Inc. trades at $53.1 (market cap $3.19B), while ProShares Ultra QQQ ETF trades at $92.22. The key difference: Advance Auto Parts, Inc. pays a 1.89% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, Advance Auto Parts, Inc. nearer its low. Which is the better fit depends on your goals.
| AAP | QLD | |
|---|---|---|
Market Cap | $3.19B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $64.17 | $100.53 |
52-Week Low | $38.75 | $57.16 |
Enterprise Value | $5.47B | — |
Dividend Yield | 1.89% | — |
Trailing returns across standard periods
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →QLD is a leveraged ETF that seeks daily investment results corresponding to 200% of the daily performance of the NASDAQ-100 Index. It achieves 2x leverage by investing in financial instruments such as swaps and is designed as a tactical trading tool for investors with a bullish (long) view on the NASDAQ-100. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
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