MPLX LP vs ProShares UltraPro QQQ ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while ProShares UltraPro QQQ ETF trades at $71.47. The key difference: MPLX LP pays a 7.54% dividend while ProShares UltraPro QQQ ETF pays none, and MPLX LP is trading nearer its 52-week high, ProShares UltraPro QQQ ETF nearer its low. Which is the better fit depends on your goals.
| MPLX | TQQQ | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $59.17 | $87.22 |
52-Week Low | $47.80 | $37.89 |
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 →TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →