ARMOUR Residential REIT, Inc. vs ProShares Ultra QQQ ETF — how do they compare? ARMOUR Residential REIT, Inc. trades at $16.72 (market cap $2.07B), while ProShares Ultra QQQ ETF trades at $92.33. The key difference: ARMOUR Residential REIT, Inc. pays a 17.28% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, ARMOUR Residential REIT, Inc. nearer its low. Which is the better fit depends on your goals.
| ARR | QLD | |
|---|---|---|
Market Cap | $2.07B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $19.12 | $100.53 |
52-Week Low | $14.05 | $57.16 |
Dividend Yield | 17.28% | — |
Trailing returns across standard periods
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Read more on ARR →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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