ProShares UltraPro Short QQQ ETF vs Xylem, Inc. — how do they compare? ProShares UltraPro Short QQQ ETF trades at $40.28, while Xylem, Inc. trades at $120.79 (market cap $28.67B). The key difference: Xylem, Inc. pays a 1.43% dividend while ProShares UltraPro Short QQQ ETF pays none, and Xylem, 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 | XYL | |
|---|---|---|
Sector | Leveraged / Inverse | Industrials |
52-Week High | $97.60 | $152.95 |
52-Week Low | $36.31 | $106.34 |
Market Cap | — | $28.67B |
Enterprise Value | — | $29.92B |
Dividend Yield | — | 1.43% |
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 →Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $6.2 billion in revenue and $611 million in adjusted operating income in 2021.
Read more on XYL →