MakeMyTrip Ltd vs ProShares Ultra QQQ ETF — how do they compare? MakeMyTrip Ltd trades at $56.43 (market cap $5.05B), while ProShares Ultra QQQ ETF trades at $89.02. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, MakeMyTrip Ltd nearer its low. Which is the better fit depends on your goals.
| MMYT | QLD | |
|---|---|---|
Market Cap | $5.05B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $103.21 | $100.53 |
52-Week Low | $36.30 | $57.16 |
Enterprise Value | $5.69B | — |
Trailing returns across standard periods
MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.
Read more on MMYT →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 →