ProShares UltraPro Short QQQ ETF vs TJX Companies Inc — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.25, while TJX Companies Inc trades at $155 (market cap $172.00B). The key difference: TJX Companies Inc pays a 1.23% dividend while ProShares UltraPro Short QQQ ETF pays none, and TJX Companies 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 | TJX | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $97.60 | $168.41 |
52-Week Low | $36.31 | $124.53 |
Market Cap | — | $172.00B |
Enterprise Value | — | $180.60B |
Dividend Yield | — | 1.23% |
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 →TJX is a leading off-price retailer of apparel, home fashions, and other merchandise. It sells a variety of branded goods, opportunistically buying inventory from a network of over 21,000 vendors worldwide. TJX targets undercutting conventional retailers' regular prices by 20%-60%, capitalizing on a flexible merchandising network, relatively low-frills stores, and a treasure-hunt shopping experience to drive margins and inventory turnover. TJX derived 79% of fiscal 2022 revenue from the United States, with 11% from Europe (mostly the United Kingdom and Germany), 9% from Canada, and the remainder from Australia. The company operated 4,689 stores at the end of fiscal 2022 under the T.J. Maxx, T.K. Maxx, Marshalls, HomeGoods, Winners, Homesense, Winners, and Sierra banners.
Read more on TJX →