Marqeta Inc vs First Trust Cloud Computing ETF — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while First Trust Cloud Computing ETF trades at $135.77. The key difference: First Trust Cloud Computing ETF is trading nearer its 52-week high, Marqeta Inc nearer its low. Which is the better fit depends on your goals.
| MQ | SKYY | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | — |
52-Week High | $27.32 | $155.17 |
52-Week Low | $15.04 | $104.16 |
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 →The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →