Newmont Corporation vs ProShares UltraPro Short QQQ ETF — how do they compare? Newmont Corporation trades at $92.38 (market cap $95.23B), while ProShares UltraPro Short QQQ ETF trades at $40.28. The key difference: Newmont Corporation pays a 1.17% dividend while ProShares UltraPro Short QQQ ETF pays none, and Newmont Corporation is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| NEM | SQQQ | |
|---|---|---|
Market Cap | $95.23B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $131.95 | $97.60 |
52-Week Low | $59.86 | $36.31 |
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 →SQQQ is a leveraged inverse ETF that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index. It is a tactical trading tool designed for sophisticated investors to profit from or hedge against declines in large-cap technology and growth stocks. Due to its daily reset and the effects of compounding, it is intended for short-term use and carries significant risk if held during periods of high market volatility.
Read more on SQQQ →