Canopy Growth Corp vs ProShares UltraShort Bloomberg Natural Gas ETF — how do they compare? Canopy Growth Corp trades at $0.96 (market cap $407.38M), while ProShares UltraShort Bloomberg Natural Gas ETF trades at $27.45. The key difference: ProShares UltraShort Bloomberg Natural Gas ETF is trading nearer its 52-week high, Canopy Growth Corp nearer its low. Which is the better fit depends on your goals.
| CGC | KOLD | |
|---|---|---|
Market Cap | $407.38M | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $1.92 | $49.39 |
52-Week Low | $0.86 | $13.58 |
Enterprise Value | $346.82M | — |
Trailing returns across standard periods
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Tweed, Spectrum Therapeutics, and CraftGrow. Although it primarily operates in Canada, Canopy has distribution and production licenses in more than a dozen countries to drive expansion in global medical cannabis and also holds an option to acquire Acreage Holdings upon U.S. federal cannabis legalization.
Read more on CGC →KOLD is an inverse leveraged ETF that seeks to provide two times (2x) the inverse daily performance of the Bloomberg Natural Gas Subindex. It is designed for investors looking to profit from falling natural gas prices.
Read more on KOLD →