Compare ProShares UltraPro Short QQQ ETF (SQQQ) vs Vale SA (VALE) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
ProShares UltraPro Short QQQ ETF vs Vale SA — how do they compare? ProShares UltraPro Short QQQ ETF trades at $37.38, while Vale SA trades at $14.39 (market cap $61.97B). The key difference: Vale SA pays a 8.35% dividend while ProShares UltraPro Short QQQ ETF pays none, and Vale SA 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 | VALE | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $92.95 | $17.82 |
52-Week Low | $36.31 | $9.71 |
Market Cap | — | $61.97B |
Enterprise Value | — | $78.22B |
Dividend Yield | — | 8.35% |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About ProShares UltraPro Short QQQ ETF
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 →About Vale SA
Vale is the world's largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.
Read more on VALE →
