Nutrien Ltd vs ProShares UltraPro QQQ ETF — how do they compare? Nutrien Ltd trades at $66.8 (market cap $31.67B), while ProShares UltraPro QQQ ETF trades at $71.11. The key difference: Nutrien Ltd pays a 3.3% dividend while ProShares UltraPro QQQ ETF pays none, and ProShares UltraPro QQQ ETF is trading nearer its 52-week high, Nutrien Ltd nearer its low. Which is the better fit depends on your goals.
| NTR | TQQQ | |
|---|---|---|
Market Cap | $31.67B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $83.94 | $87.22 |
52-Week Low | $53.64 | $37.89 |
Enterprise Value | $44.84B | — |
Dividend Yield | 3.3% | — |
Trailing returns across standard periods
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Read more on NTR →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.
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