Northrop Grumman Corporation vs ProShares Ultra Gold ETF — how do they compare? Northrop Grumman Corporation trades at $574.85 (market cap $81.78B), while ProShares Ultra Gold ETF trades at $52.24. The key difference: Northrop Grumman Corporation pays a 1.63% dividend while ProShares Ultra Gold ETF pays none. Which is the better fit depends on your goals.
| NOC | UGL | |
|---|---|---|
Market Cap | $81.78B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $768.02 | $85.62 |
52-Week Low | $496.02 | $34.37 |
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 →UGL is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold Subindex. It is a tactical tool designed for sophisticated investors to magnify short-term bullish views on gold prices through the use of futures and swap contracts, rather than holding physical bullion.
Read more on UGL →