ProShares Ultra QQQ ETF vs Weibo Corp — how do they compare? ProShares Ultra QQQ ETF trades at $88.87, while Weibo Corp trades at $7.85 (market cap $1.97B). The key difference: Weibo Corp pays a 7.63% dividend while ProShares Ultra QQQ ETF pays none, and ProShares Ultra QQQ ETF is trading nearer its 52-week high, Weibo Corp nearer its low. Which is the better fit depends on your goals.
| QLD | WB | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $100.53 | $12.83 |
52-Week Low | $57.16 | $7.20 |
Market Cap | — | $1.97B |
Enterprise Value | — | $1.24B |
Dividend Yield | — | 7.63% |
Trailing returns across standard periods
QLD is a leveraged ETF that seeks daily investment results corresponding to 200% of the daily performance of the NASDAQ-100 Index. It achieves 2x leverage by investing in financial instruments such as swaps and is designed as a tactical trading tool for investors with a bullish (long) view on the NASDAQ-100. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
Read more on QLD →Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power.
Read more on WB →