ProShares UltraPro Short QQQ ETF vs Wheaton Precious Metals Corp — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.48, while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Wheaton Precious Metals Corp pays a 0.75% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals.
| SQQQ | WPM | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $97.60 | $165.72 |
52-Week Low | $36.31 | $91.00 |
Market Cap | — | $46.54B |
Enterprise Value | — | $44.39B |
Dividend Yield | — | 0.75% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →