Snap On Incorporated vs ProShares UltraPro Short QQQ ETF — how do they compare? Snap On Incorporated trades at $402.3 (market cap $21.06B), while ProShares UltraPro Short QQQ ETF trades at $40.48. The key difference: Snap On Incorporated pays a 2.4% dividend while ProShares UltraPro Short QQQ ETF pays none, and Snap On Incorporated is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| SNA | SQQQ | |
|---|---|---|
Market Cap | $21.06B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $414.97 | $97.60 |
52-Week Low | $317.79 | $36.31 |
Enterprise Value | $20.58B | — |
Dividend Yield | 2.4% | — |
Trailing returns across standard periods
Snap-on Incorporated is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users. Its products are widely used in vehicle service and repair, as well as in other demanding industrial environments. The company is best known for its premium tool brand, often sold through a network of franchised mobile stores, and is a primary supplier to technicians in the transportation industry.
Read more on SNA →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 →