Chipotle Mexican Grill, Inc. vs ProShares Ultra QQQ ETF — how do they compare? Chipotle Mexican Grill, Inc. trades at $32.71 (market cap $40.49B), while ProShares Ultra QQQ ETF trades at $92.77. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, Chipotle Mexican Grill, Inc. nearer its low. Which is the better fit depends on your goals.
| CMG | QLD | |
|---|---|---|
Market Cap | $40.49B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $44.04 | $100.53 |
52-Week Low | $28.17 | $57.16 |
Enterprise Value | $45.24B | — |
Trailing returns across standard periods
Latest headlines on both assets
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $7.5 billion in 2021. The Mexican concept is entirely company-owned, with a footprint of more than 3,000 stores, heavily indexed to the United States (though the firm maintains a small presence in Canada, the U.K., France, and Germany). Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Read more on CMG →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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