Marqeta Inc vs ProShares Ultra Gold ETF — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while ProShares Ultra Gold ETF trades at $44.96. Which is the better fit depends on your goals.
| MQ | UGL | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $27.32 | $85.62 |
52-Week Low | $15.04 | $33.59 |
Enterprise Value | $1.15B | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →UGL is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold Subindex. It is a tactical tool designed for sophisticated investors to magnify short-term bullish views on gold prices through the use of futures and swap contracts, rather than holding physical bullion.
Read more on UGL →