Nokia Corp vs ProShares UltraPro Short QQQ ETF — how do they compare? Nokia Corp trades at $10.93 (market cap $56.70B), while ProShares UltraPro Short QQQ ETF trades at $40.28. The key difference: Nokia Corp pays a 1.63% dividend while ProShares UltraPro Short QQQ ETF pays none, and Nokia Corp is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| NOK | SQQQ | |
|---|---|---|
Market Cap | $56.70B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $16.83 | $97.60 |
52-Week Low | $4.05 | $36.31 |
Enterprise Value | $53.51B | — |
Dividend Yield | 1.63% | — |
Trailing returns across standard periods
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
Read more on NOK →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 →