Phillips 66 vs ProShares UltraPro Short QQQ ETF — how do they compare? Phillips 66 trades at $211.8 (market cap $85.11B), while ProShares UltraPro Short QQQ ETF trades at $41.11. The key difference: Phillips 66 pays a 2.39% dividend while ProShares UltraPro Short QQQ ETF pays none, and Phillips 66 is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| PSX | SQQQ | |
|---|---|---|
Market Cap | $85.11B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $212.27 | $97.60 |
52-Week Low | $118.37 | $36.31 |
Enterprise Value | $107.08B | — |
Dividend Yield | 2.39% | — |
Trailing returns across standard periods
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, after converting its 255 mb/d Alliance refinery to a terminal. The midstream segment comprises extensive transportation and NGL processing assets. It also includes its DCP Midstream joint venture, which holds 45 natural gas processing facilities, 11 NGL fractionation plants, and a natural gas pipeline system with 58,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Read more on PSX →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 →