Northrop Grumman Corporation vs ProShares UltraPro QQQ ETF — how do they compare? Northrop Grumman Corporation trades at $512.35 (market cap $74.42B), while ProShares UltraPro QQQ ETF trades at $71.48. The key difference: Northrop Grumman Corporation pays a 1.79% dividend while ProShares UltraPro QQQ ETF pays none, and ProShares UltraPro 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 | TQQQ | |
|---|---|---|
Market Cap | $74.42B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $768.02 | $87.22 |
52-Week Low | $496.02 | $37.89 |
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 →TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →