Elastic NV vs ProShares Ultra QQQ ETF — how do they compare? Elastic NV trades at $75 (market cap $7.94B), while ProShares Ultra QQQ ETF trades at $92.79. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, Elastic NV nearer its low. Which is the better fit depends on your goals.
| ESTC | QLD | |
|---|---|---|
Market Cap | $7.94B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $94.47 | $100.53 |
52-Week Low | $43.30 | $57.16 |
Enterprise Value | $7.16B | — |
Trailing returns across standard periods
Elastic NV provides a leading search AI platform built on Elasticsearch. Its software helps organizations find, observe, and protect data through search-powered analytics for various cloud-based applications.
Read more on ESTC →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.
Read more on QLD →