Prospect Capital Corporation vs ProShares UltraPro QQQ ETF — how do they compare? Prospect Capital Corporation trades at $2.15 (market cap $1.08B), while ProShares UltraPro QQQ ETF trades at $71. The key difference: Prospect Capital Corporation pays a 23.26% dividend while ProShares UltraPro QQQ ETF pays none, and ProShares UltraPro QQQ ETF is trading nearer its 52-week high, Prospect Capital Corporation nearer its low. Which is the better fit depends on your goals.
| PSEC | TQQQ | |
|---|---|---|
Market Cap | $1.08B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $3.47 | $87.22 |
52-Week Low | $2.15 | $37.89 |
Dividend Yield | 23.26% | — |
Trailing returns across standard periods
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.
Read more on PSEC →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.
Read more on TQQQ →