ProShares UltraPro Short QQQ ETF vs Skyworks Solutions Inc — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Skyworks Solutions Inc trades at $62.99 (market cap $8.99B). The key difference: Skyworks Solutions Inc pays a 4.75% dividend while ProShares UltraPro Short QQQ ETF pays none, and Skyworks Solutions Inc is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| SQQQ | SWKS | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $97.60 | $83.40 |
52-Week Low | $36.31 | $52.50 |
Market Cap | — | $8.99B |
Enterprise Value | — | $8.76B |
Dividend Yield | — | 4.75% |
Trailing returns across standard periods
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 →Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
Read more on SWKS →