Eni SpA vs ProShares UltraPro Short QQQ ETF — how do they compare? Eni SpA trades at $55.23 (market cap $80.32B), while ProShares UltraPro Short QQQ ETF trades at $37. The key difference: Eni SpA pays a 4.4% dividend while ProShares UltraPro Short QQQ ETF pays none, and Eni SpA is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| E | SQQQ | |
|---|---|---|
Market Cap | $80.32B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $57.61 | $92.95 |
52-Week Low | $34.03 | $36.31 |
Enterprise Value | $105.61B | — |
Dividend Yield | 4.4% | — |
Trailing returns across standard periods
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At end-2021, Eni held reserves of 6.6 billion barrels of oil equivalent, 49% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity, Plentitude
Read more on E →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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