MPLX LP vs ProShares UltraPro Short QQQ ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while ProShares UltraPro Short QQQ ETF trades at $40.28. The key difference: MPLX LP pays a 7.54% dividend while ProShares UltraPro Short QQQ ETF pays none, and MPLX LP is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| MPLX | SQQQ | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $59.17 | $97.60 |
52-Week Low | $47.80 | $36.31 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →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.
Read more on SQQQ →