Marqeta Inc vs ProShares Ultra QQQ ETF — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while ProShares Ultra QQQ ETF trades at $89.24. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, Marqeta Inc nearer its low. Which is the better fit depends on your goals.
| MQ | QLD | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $27.32 | $100.53 |
52-Week Low | $15.04 | $57.16 |
Enterprise Value | $1.15B | — |
Trailing returns across standard periods
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →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 →