ProShares UltraPro Short QQQ ETF vs Warner Music Group Corp — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Warner Music Group Corp trades at $28.2 (market cap $14.64B). The key difference: Warner Music Group Corp pays a 2.71% dividend while ProShares UltraPro Short QQQ ETF pays none, and Warner Music Group Corp 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 | WMG | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $97.60 | $34.72 |
52-Week Low | $36.31 | $23.65 |
Market Cap | — | $14.64B |
Enterprise Value | — | $18.84B |
Dividend Yield | — | 2.71% |
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →