Northrop Grumman Corporation vs ProShares Ultra QQQ ETF — how do they compare? Northrop Grumman Corporation trades at $574.85 (market cap $81.78B), while ProShares Ultra QQQ ETF trades at $92.17. The key difference: Northrop Grumman Corporation pays a 1.63% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, Northrop Grumman Corporation nearer its low. Which is the better fit depends on your goals.
| NOC | QLD | |
|---|---|---|
Market Cap | $81.78B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $768.02 | $100.53 |
52-Week Low | $496.02 | $57.16 |
Enterprise Value | $95.77B | — |
Dividend Yield | 1.63% | — |
Trailing returns across standard periods
Latest headlines on both assets
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Read more on NOC →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 →