ProShares UltraPro Short QQQ ETF vs Advanced Drainage Systems Inc — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Advanced Drainage Systems Inc trades at $143.04 (market cap $10.96B). The key difference: Advanced Drainage Systems Inc pays a 0.56% dividend while ProShares UltraPro Short QQQ ETF pays none, and Advanced Drainage Systems Inc 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 | WMS | |
|---|---|---|
Sector | Leveraged / Inverse | Industrials |
52-Week High | $97.60 | $175.38 |
52-Week Low | $36.31 | $110.99 |
Market Cap | — | $10.96B |
Enterprise Value | — | $12.53B |
Dividend Yield | — | 0.56% |
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 →Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe
Read more on WMS →