Paychex, Inc. vs ProShares UltraPro Short QQQ ETF — how do they compare? Paychex, Inc. trades at $111.32 (market cap $39.82B), while ProShares UltraPro Short QQQ ETF trades at $41.11. The key difference: Paychex, Inc. pays a 4.25% dividend while ProShares UltraPro Short QQQ ETF pays none, and Paychex, 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.
| PAYX | SQQQ | |
|---|---|---|
Market Cap | $39.82B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $147.99 | $97.60 |
52-Week Low | $85.57 | $36.31 |
Enterprise Value | $43.31B | — |
Dividend Yield | 4.25% | — |
Trailing returns across standard periods
Latest headlines on both assets
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 730,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Read more on PAYX →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 →