IAC/Interactivecorp vs ProShares UltraPro Short QQQ ETF — how do they compare? IAC/Interactivecorp trades at $43.41 (market cap $3.28B), while ProShares UltraPro Short QQQ ETF trades at $41.11. The key difference: IAC/Interactivecorp is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| PPLI | SQQQ | |
|---|---|---|
Market Cap | $3.28B | — |
Sector | Media | Leveraged / Inverse |
52-Week High | $47.62 | $97.60 |
52-Week Low | $31.52 | $36.31 |
Enterprise Value | $3.58B | — |
Trailing returns across standard periods
IAC Inc is an Internet media company with segments that include Angi (47% of total revenue), Dotdash (10%), search (24%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.
Read more on PPLI →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 →