ProShares UltraPro Short QQQ ETF vs Wynn Resorts, Limited — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.47, while Wynn Resorts, Limited trades at $95.88 (market cap $9.93B). The key difference: Wynn Resorts, Limited pays a 1.05% dividend while ProShares UltraPro Short QQQ ETF pays none. Which is the better fit depends on your goals.
| SQQQ | WYNN | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $97.60 | $133.34 |
52-Week Low | $36.31 | $94.78 |
Market Cap | — | $9.93B |
Enterprise Value | — | $20.29B |
Dividend Yield | — | 1.05% |
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 →Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019. Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2023, which we forecast to open in 2026. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
Read more on WYNN →