Albemarle Corp. vs ProShares UltraPro S&P500 — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while ProShares UltraPro S&P500 trades at $154.34. The key difference: Albemarle Corp. pays a 1.27% dividend while ProShares UltraPro S&P500 pays none, and ProShares UltraPro S&P500 is trading nearer its 52-week high, Albemarle Corp. nearer its low. Which is the better fit depends on your goals.
| ALB | UPRO | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $215.62 | $155.10 |
52-Week Low | $72.58 | $89.29 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
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