Crown Castle International Corp vs ProShares UltraPro Short QQQ ETF — how do they compare? Crown Castle International Corp trades at $73.8 (market cap $31.33B), while ProShares UltraPro Short QQQ ETF trades at $37.02. The key difference: Crown Castle International Corp pays a 5.77% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals.
| CCI | SQQQ | |
|---|---|---|
Market Cap | $31.33B | — |
Sector | Real Estate | Leveraged / Inverse |
52-Week High | $103.79 | $92.95 |
52-Week Low | $73.61 | $36.31 |
Enterprise Value | $53.69B | — |
Dividend Yield | 5.77% | — |
Trailing returns across standard periods
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
Read more on CCI →SQQQ is a leveraged inverse ETF that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index. It is a tactical trading tool designed for sophisticated investors to profit from or hedge against declines in large-cap technology and growth stocks. Due to its daily reset and the effects of compounding, it is intended for short-term use and carries significant risk if held during periods of high market volatility.
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