Newmont Corporation vs ProShares Ultra QQQ ETF — how do they compare? Newmont Corporation trades at $92.38 (market cap $95.23B), while ProShares Ultra QQQ ETF trades at $89.24. The key difference: Newmont Corporation pays a 1.17% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, Newmont Corporation nearer its low. Which is the better fit depends on your goals.
| NEM | QLD | |
|---|---|---|
Market Cap | $95.23B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $131.95 | $100.53 |
52-Week Low | $59.86 | $57.16 |
Enterprise Value | $91.98B | — |
Dividend Yield | 1.17% | — |
Trailing returns across standard periods
Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →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 →