NetApp Inc. vs ProShares Ultra QQQ ETF — how do they compare? NetApp Inc. trades at $166.99 (market cap $31.57B), while ProShares Ultra QQQ ETF trades at $89.16. The key difference: NetApp Inc. pays a 1.29% dividend while ProShares Ultra QQQ ETF pays none, and NetApp Inc. is trading nearer its 52-week high, ProShares Ultra QQQ ETF nearer its low. Which is the better fit depends on your goals.
| NTAP | QLD | |
|---|---|---|
Market Cap | $31.57B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $181.08 | $100.53 |
52-Week Low | $94.11 | $57.16 |
Enterprise Value | $30.72B | — |
Dividend Yield | 1.29% | — |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →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 →