ProShares UltraPro Short QQQ ETF vs Target Corporation — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.25, while Target Corporation trades at $138.64 (market cap $63.40B). The key difference: Target Corporation pays a 3.32% dividend while ProShares UltraPro Short QQQ ETF pays none, and Target Corporation 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 | TGT | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $97.60 | $141.19 |
52-Week Low | $36.31 | $83.68 |
Market Cap | — | $63.40B |
Enterprise Value | — | $78.70B |
Dividend Yield | — | 3.32% |
Trailing returns across standard periods
Latest headlines on both assets
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 →With 1,926 stores (as of the end of fiscal 2021), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (26% of fiscal 2021 sales), food and beverage (19%), home furnishings and décor (19%), hardlines (18%), and apparel and accessories (17%). Most of Target's stores are large, averaging more than 125,000 square feet. The company has a significant e-commerce presence, deriving around 19% of sales from the channel (up from about 9% in fiscal 2019, before the pandemic). In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target's revenue is generated from the United States.
Read more on TGT →