Macy's Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Macy's Inc trades at $24.53 (market cap $6.45B), while ProShares UltraPro Short QQQ ETF trades at $37.41. The key difference: Macy's Inc pays a 3.12% dividend while ProShares UltraPro Short QQQ ETF pays none, and Macy's Inc is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| M | SQQQ | |
|---|---|---|
Market Cap | $6.45B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $26.21 | $92.95 |
52-Week Low | $12.73 | $36.31 |
Enterprise Value | $10.26B | — |
Dividend Yield | 3.12% | — |
Trailing returns across standard periods
Founded in 1858 and based in New York City, Macy's operates 570 stores under the Macy's nameplate, 58 stores under the Bloomingdale's nameplate, and 160 freestanding Bluemercury specialty beauty stores (as of the end of fiscal-year 2021). Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances comprised 59% of Macy's 2021 sales.
Read more on M →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.
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