Phillips 66 vs ProShares UltraPro QQQ ETF — how do they compare? Phillips 66 trades at $211.8 (market cap $85.11B), while ProShares UltraPro QQQ ETF trades at $69.96. The key difference: Phillips 66 pays a 2.39% dividend while ProShares UltraPro QQQ ETF pays none, and Phillips 66 is trading nearer its 52-week high, ProShares UltraPro QQQ ETF nearer its low. Which is the better fit depends on your goals.
| PSX | TQQQ | |
|---|---|---|
Market Cap | $85.11B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $212.27 | $87.22 |
52-Week Low | $118.37 | $37.89 |
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 →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 →