Manulife Financial Corporation vs ProShares Ultra QQQ ETF — how do they compare? Manulife Financial Corporation trades at $43.84 (market cap $72.68B), while ProShares Ultra QQQ ETF trades at $92.33. The key difference: Manulife Financial Corporation pays a 3.1% dividend while ProShares Ultra QQQ ETF pays none, and Manulife Financial Corporation is trading nearer its 52-week high, ProShares Ultra QQQ ETF nearer its low. Which is the better fit depends on your goals.
| MFC | QLD | |
|---|---|---|
Market Cap | $72.68B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $44.77 | $100.53 |
52-Week Low | $30.06 | $57.16 |
Enterprise Value | $67.84B | — |
Dividend Yield | 3.1% | — |
Trailing returns across standard periods
Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada's Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.
Read more on MFC →QLD is a leveraged ETF that seeks daily investment results corresponding to 200% of the daily performance of the NASDAQ-100 Index. It achieves 2x leverage by investing in financial instruments such as swaps and is designed as a tactical trading tool for investors with a bullish (long) view on the NASDAQ-100. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
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