KLA Corp. vs ProShares UltraPro Short QQQ ETF — how do they compare? KLA Corp. trades at $216.95 (market cap $271.18B), while ProShares UltraPro Short QQQ ETF trades at $40.47. The key difference: KLA Corp. pays a 0.44% dividend while ProShares UltraPro Short QQQ ETF pays none, and KLA Corp. is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| KLAC | SQQQ | |
|---|---|---|
Market Cap | $271.18B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $301.71 | $97.60 |
52-Week Low | $84.39 | $36.31 |
Enterprise Value | $272.37B | — |
Dividend Yield | 0.44% | — |
Trailing returns across standard periods
Latest headlines on both assets
KLA designs and manufactures yield-management and process-monitoring diagnostic and control systems for the semiconductor manufacturing industry. The systems are used to analyze the manufacturing process at various steps in a semiconductor's development. The firm's laser-scanning products are used for wafer qualification, process monitoring, and equipment monitoring. KLA also provides inspection tools and systems for optical metrology and e-beam metrology.
Read more on KLAC →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 →