ProShares UltraPro Short QQQ ETF vs TORM plc — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.29, while TORM plc trades at $29.89 (market cap $2.99B). The key difference: TORM plc pays a 9.62% dividend while ProShares UltraPro Short QQQ ETF pays none, and TORM plc 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 | TRMD | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $97.60 | $34.87 |
52-Week Low | $36.31 | $17.50 |
Market Cap | — | $2.99B |
Enterprise Value | — | $3.88B |
Dividend Yield | — | 9.62% |
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 →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →