Expeditors International of Wshngtn Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Expeditors International of Wshngtn Inc trades at $177.4 (market cap $23.04B), while ProShares UltraPro Short QQQ ETF trades at $37.36. The key difference: Expeditors International of Wshngtn Inc pays a 0.91% dividend while ProShares UltraPro Short QQQ ETF pays none, and Expeditors International of Wshngtn Inc is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| EXPD | SQQQ | |
|---|---|---|
Market Cap | $23.04B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $182.80 | $92.95 |
52-Week Low | $113.13 | $36.31 |
Enterprise Value | $22.57B | — |
Dividend Yield | 0.91% | — |
Trailing returns across standard periods
Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2021, Expeditors derived 38% of consolidated net revenue from airfreight, 27% from ocean freight, and 35% from customs brokerage and other services.
Read more on EXPD →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.
Read more on SQQQ →