Illinois Tool Works Inc. vs ProShares UltraShort Bloomberg Natural Gas ETF — how do they compare? Illinois Tool Works Inc. trades at $293.7 (market cap $83.49B), while ProShares UltraShort Bloomberg Natural Gas ETF trades at $28. The key difference: Illinois Tool Works Inc. pays a 2.35% dividend while ProShares UltraShort Bloomberg Natural Gas ETF pays none, and Illinois Tool Works Inc. 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.
| ITW | KOLD | |
|---|---|---|
Market Cap | $83.49B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $299.60 | $49.39 |
52-Week Low | $241.07 | $13.58 |
Enterprise Value | $92.34B | — |
Dividend Yield | 2.35% | — |
Trailing returns across standard periods
Latest headlines on both assets
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →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.
Read more on KOLD →