Northrop Grumman Corporation vs ProShares UltraPro Short QQQ ETF — how do they compare? Northrop Grumman Corporation trades at $513.77 (market cap $74.42B), while ProShares UltraPro Short QQQ ETF trades at $40.42. The key difference: Northrop Grumman Corporation pays a 1.79% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals.
| NOC | SQQQ | |
|---|---|---|
Market Cap | $74.42B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $768.02 | $97.60 |
52-Week Low | $496.02 | $36.31 |
Enterprise Value | $88.65B | — |
Dividend Yield | 1.79% | — |
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 →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 →