ProShares Ultra Silver ETF vs Cadence Design Systems Inc — how do they compare? ProShares Ultra Silver ETF trades at $82.82, while Cadence Design Systems Inc trades at $326.5 (market cap $90.20B). The key difference: Cadence Design Systems Inc is trading nearer its 52-week high, ProShares Ultra Silver ETF nearer its low. Which is the better fit depends on your goals.
| AGQ | CDNS | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $400.47 | $416.39 |
52-Week Low | $49.73 | $265.66 |
Market Cap | — | $90.20B |
Enterprise Value | — | $91.41B |
Trailing returns across standard periods
AGQ is a leveraged ETF that seeks daily investment results corresponding to two times (2x) the daily performance of silver bullion. It is designed for investors seeking magnified short-term exposure to silver prices.
Read more on AGQ →Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →