ProShares UltraShort Bloomberg Natural Gas ETF vs Microchip Technology Inc. — how do they compare? ProShares UltraShort Bloomberg Natural Gas ETF trades at $28.23, while Microchip Technology Inc. trades at $82.17 (market cap $43.99B). The key difference: Microchip Technology Inc. pays a 2.25% dividend while ProShares UltraShort Bloomberg Natural Gas ETF pays none, and Microchip Technology 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.
| KOLD | MCHP | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $49.39 | $102.97 |
52-Week Low | $13.58 | $49.02 |
Market Cap | — | $43.99B |
Enterprise Value | — | $49.12B |
Dividend Yield | — | 2.25% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →