FedEx Corporation vs ProShares UltraShort Bloomberg Natural Gas ETF — how do they compare? FedEx Corporation trades at $322.99 (market cap $76.28B), while ProShares UltraShort Bloomberg Natural Gas ETF trades at $28.13. The key difference: FedEx Corporation pays a 1.51% dividend while ProShares UltraShort Bloomberg Natural Gas ETF pays none, and FedEx Corporation is trading nearer its 52-week high, ProShares UltraShort Bloomberg Natural Gas ETF nearer its low. Which is the better fit depends on your goals.
| FDX | KOLD | |
|---|---|---|
Market Cap | $76.28B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $338.75 | $49.39 |
52-Week Low | $180.51 | $13.58 |
Enterprise Value | $105.91B | — |
Dividend Yield | 1.51% | — |
Trailing returns across standard periods
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2020 (ended May 2020), FedEx derived 51% of revenue from its express division, 33% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
Read more on FDX →KOLD is an inverse leveraged ETF that seeks to provide two times (2x) the inverse daily performance of the Bloomberg Natural Gas Subindex. It is designed for investors looking to profit from falling natural gas prices.
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