Futu Holdings Ltd vs ProShares UltraPro Short QQQ ETF — how do they compare? Futu Holdings Ltd trades at $105.88 (market cap $14.74B), while ProShares UltraPro Short QQQ ETF trades at $37.47. The key difference: Futu Holdings Ltd pays a 2.47% dividend while ProShares UltraPro Short QQQ ETF pays none, and Futu Holdings Ltd is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| FUTU | SQQQ | |
|---|---|---|
Market Cap | $14.74B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $199.04 | $92.95 |
52-Week Low | $89.76 | $36.31 |
Enterprise Value | $14.59B | — |
Dividend Yield | 2.47% | — |
Trailing returns across standard periods
Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.
Read more on FUTU →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 →