Canopy Growth Corp vs ProShares Ultra Semiconductors — how do they compare? Canopy Growth Corp trades at $1 (market cap $421.10M), while ProShares Ultra Semiconductors trades at $91.79. The key difference: ProShares Ultra Semiconductors is trading nearer its 52-week high, Canopy Growth Corp nearer its low. Which is the better fit depends on your goals.
| CGC | USD | |
|---|---|---|
Market Cap | $421.10M | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $1.92 | $113.53 |
52-Week Low | $0.86 | $40.97 |
Enterprise Value | $378.55M | — |
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 →USD is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Semiconductors™ Index. It is a tactical instrument designed for sophisticated traders looking to magnify short-term bullish views on the U.S. semiconductor industry, specifically focusing on large-cap leaders in the chip and equipment space.
Read more on USD →