ProShares UltraPro Short QQQ ETF vs Weibo Corp — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Weibo Corp trades at $8 (market cap $1.95B). The key difference: Weibo Corp pays a 7.63% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals.
| SQQQ | WB | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $97.60 | $12.83 |
52-Week Low | $36.31 | $7.20 |
Market Cap | — | $1.95B |
Enterprise Value | — | $1.22B |
Dividend Yield | — | 7.63% |
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 →Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power.
Read more on WB →