ProShares UltraShort Bloomberg Natural Gas ETF vs MGM Resorts International — how do they compare? ProShares UltraShort Bloomberg Natural Gas ETF trades at $28.44, while MGM Resorts International trades at $43.5 (market cap $11.10B). The key difference: MGM Resorts International pays a 0.03% dividend while ProShares UltraShort Bloomberg Natural Gas ETF pays none, and MGM Resorts International 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 | MGM | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $49.39 | $50.69 |
52-Week Low | $13.58 | $30.72 |
Market Cap | — | $11.10B |
Enterprise Value | — | $38.40B |
Dividend Yield | — | 0.03% |
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 →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →