Best Buy Co Inc vs ProShares Ultra QQQ ETF — how do they compare? Best Buy Co Inc trades at $85.74 (market cap $17.70B), while ProShares Ultra QQQ ETF trades at $91.98. The key difference: Best Buy Co Inc pays a 4.57% dividend while ProShares Ultra QQQ ETF pays none, and Best Buy Co Inc is trading nearer its 52-week high, ProShares Ultra QQQ ETF nearer its low. Which is the better fit depends on your goals.
| BBY | QLD | |
|---|---|---|
Market Cap | $17.70B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $84.00 | $100.53 |
52-Week Low | $55.52 | $57.16 |
Enterprise Value | $20.08B | — |
Dividend Yield | 4.57% | — |
Trailing returns across standard periods
With $51.8 billion in fiscal 2022 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., with roughly 10.6% share of the aggregate market and north of 40% share of offline sales, per our calculations, CTA industry, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Read more on BBY →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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