NextEra Energy, Inc. vs ProShares Ultra QQQ ETF — how do they compare? NextEra Energy, Inc. trades at $87.97 (market cap $183.53B), while ProShares Ultra QQQ ETF trades at $89.08. The key difference: NextEra Energy, Inc. pays a 2.83% dividend while ProShares Ultra QQQ ETF pays none. Which is the better fit depends on your goals.
| NEE | QLD | |
|---|---|---|
Market Cap | $183.53B | — |
Sector | Utilities | Leveraged / Inverse |
52-Week High | $97.88 | $100.53 |
52-Week Low | $69.77 | $57.16 |
Enterprise Value | $285.94B | — |
Dividend Yield | 2.83% | — |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →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 →