McCormick & Company, Incorporated vs ProShares Ultra QQQ ETF — how do they compare? McCormick & Company, Incorporated trades at $52.01 (market cap $14.04B), while ProShares Ultra QQQ ETF trades at $89.16. The key difference: McCormick & Company, Incorporated pays a 3.68% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, McCormick & Company, Incorporated nearer its low. Which is the better fit depends on your goals.
| MKC | QLD | |
|---|---|---|
Market Cap | $14.04B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $72.81 | $100.53 |
52-Week Low | $45.60 | $57.16 |
Enterprise Value | $18.65B | — |
Dividend Yield | 3.68% | — |
Trailing returns across standard periods
In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →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.
Read more on QLD →