Ishares Msci Brazil ETF vs ProShares Ultra QQQ ETF — how do they compare? Ishares Msci Brazil ETF trades at $33.92, while ProShares Ultra QQQ ETF trades at $92.65. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, Ishares Msci Brazil ETF nearer its low. Which is the better fit depends on your goals.
| EWZ | QLD | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $41.75 | $100.53 |
52-Week Low | $27.36 | $57.16 |
Trailing returns across standard periods
EWZ is a country-specific ETF that tracks the Brazilian equity market. It provides exposure to large and mid-sized companies in Brazil, with a heavy focus on financials and materials, including major names like Nu Holdings, Vale, and Itaú Unibanco.
Read more on EWZ →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 →