Archer-Daniels-Midland Co vs ProShares Ultra QQQ ETF — how do they compare? Archer-Daniels-Midland Co trades at $80.23 (market cap $38.78B), while ProShares Ultra QQQ ETF trades at $92.08. The key difference: Archer-Daniels-Midland Co pays a 2.59% dividend while ProShares Ultra QQQ ETF pays none. Which is the better fit depends on your goals.
| ADM | QLD | |
|---|---|---|
Market Cap | $38.78B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $87.32 | $100.53 |
52-Week Low | $56.00 | $57.16 |
Enterprise Value | $47.03B | — |
Dividend Yield | 2.59% | — |
Trailing returns across standard periods
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. Additionally, the company owns an extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients. The company is also a large producer of corn-based sweeteners, starches, and ethanol.
Read more on ADM →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.
Read more on QLD →