FedEx Corporation vs ProShares Ultra QQQ ETF — how do they compare? FedEx Corporation trades at $322.99 (market cap $76.28B), while ProShares Ultra QQQ ETF trades at $92.14. The key difference: FedEx Corporation pays a 1.51% dividend while ProShares Ultra QQQ ETF pays none. Which is the better fit depends on your goals.
| FDX | QLD | |
|---|---|---|
Market Cap | $76.28B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $338.75 | $100.53 |
52-Week Low | $180.51 | $57.16 |
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 →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.
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