ProShares Ultra Bloomberg Natural Gas ETF vs Equinix Inc — how do they compare? ProShares Ultra Bloomberg Natural Gas ETF trades at $22.35, while Equinix Inc trades at $1,029.23 (market cap $102.52B). The key difference: Equinix Inc pays a 1.9% dividend while ProShares Ultra Bloomberg Natural Gas ETF pays none. Which is the better fit depends on your goals.
| BOIL | EQIX | |
|---|---|---|
Sector | Leveraged / Inverse | Real Estate |
52-Week High | $98.62 | $1.12K |
52-Week Low | $21.86 | $726.09 |
Market Cap | — | $102.52B |
Enterprise Value | — | $122.80B |
Dividend Yield | — | 1.9% |
Trailing returns across standard periods
BOIL is a leveraged ETF that seeks to provide two times (2x) the daily performance of the Bloomberg Natural Gas Subindex. It uses futures contracts to offer magnified exposure to natural gas price movements.
Read more on BOIL →Equinix is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a collocated environment. Tenants can then connect with each other, through cloud service providers and telecom networks. Equinix operates 240 data centers in 66 markets worldwide and owns just less than half of them. The firm has roughly 10,000 customers, including 2,000 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from connecting customers with each other. Equinix operates as a real estate investment trust.
Read more on EQIX →