AngloGold Ashanti Limited vs ProShares Ultra QQQ ETF — how do they compare? AngloGold Ashanti Limited trades at $100.66 (market cap $49.28B), while ProShares Ultra QQQ ETF trades at $92.16. The key difference: AngloGold Ashanti Limited pays a 4.64% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, AngloGold Ashanti Limited nearer its low. Which is the better fit depends on your goals.
| AU | QLD | |
|---|---|---|
Market Cap | $49.28B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $128.26 | $100.53 |
52-Week Low | $52.15 | $57.16 |
Enterprise Value | $48.29B | — |
Dividend Yield | 4.64% | — |
Trailing returns across standard periods
Anglogold Ashanti Ltd is one of the largest gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.
Read more on AU →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 →