Iris Energy Limited vs ProShares Ultra QQQ ETF — how do they compare? Iris Energy Limited trades at $43.4 (market cap $14.20B), while ProShares Ultra QQQ ETF trades at $93.05. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, Iris Energy Limited nearer its low. Which is the better fit depends on your goals.
| IREN | QLD | |
|---|---|---|
Market Cap | $14.20B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $76.41 | $100.53 |
52-Week Low | $17.73 | $57.16 |
Enterprise Value | $15.95B | — |
Trailing returns across standard periods
Latest headlines on both assets
Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →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 →