ProShares UltraPro Short QQQ ETF vs Wells Fargo & Co — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.38, while Wells Fargo & Co trades at $87.9 (market cap $261.45B). The key difference: Wells Fargo & Co pays a 2.09% dividend while ProShares UltraPro Short QQQ ETF pays none, and Wells Fargo & Co 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 | WFC | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $97.60 | $96.40 |
52-Week Low | $36.31 | $73.42 |
Market Cap | — | $261.45B |
Dividend Yield | — | 2.09% |
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 →Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Read more on WFC →