Royal Bank of Canada vs ProShares UltraPro Short QQQ ETF — how do they compare? Royal Bank of Canada trades at $210.44 (market cap $292.32B), while ProShares UltraPro Short QQQ ETF trades at $37.36. The key difference: Royal Bank of Canada pays a 2.37% dividend while ProShares UltraPro Short QQQ ETF pays none, and Royal Bank of Canada is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| RY | SQQQ | |
|---|---|---|
Market Cap | $292.32B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $217.87 | $92.95 |
52-Week Low | $134.80 | $36.31 |
Dividend Yield | 2.37% | — |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →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 →