Novavax Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Novavax Inc trades at $8.06 (market cap $1.30B), while ProShares UltraPro Short QQQ ETF trades at $40.28. The key difference: Novavax Inc is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| NVAX | SQQQ | |
|---|---|---|
Market Cap | $1.30B | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $11.19 | $97.60 |
52-Week Low | $6.22 | $36.31 |
Enterprise Value | $800.50M | — |
Trailing returns across standard periods
Novavax, Inc. is a clinical stage biotechnology company. The Company creates novel vaccines to address a broad range of infectious diseases worldwide using proprietary virus-like particle (VLP) technology.
Read more on NVAX →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 →