Suncor Energy Inc. vs ProShares UltraPro QQQ ETF — how do they compare? Suncor Energy Inc. trades at $62.32 (market cap $72.86B), while ProShares UltraPro QQQ ETF trades at $71.23. The key difference: Suncor Energy Inc. pays a 2.71% dividend while ProShares UltraPro QQQ ETF pays none. Which is the better fit depends on your goals.
| SU | TQQQ | |
|---|---|---|
Market Cap | $72.86B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $69.73 | $87.22 |
52-Week Low | $38.17 | $37.89 |
Enterprise Value | $80.99B | — |
Dividend Yield | 2.71% | — |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
TQQQ trades at $67.65, up 0.18% on the day, with a bearish technical signal driven by moving averages. The ETF faces structural costs and volatility risks, as highlighted in recent news. Key support lies at $66, with resistance at $69. Recent articles emphasize the amplified downside potential during market selloffs, questioning the long-term viability of leveraged strategies.
Outlook remains cautious due to high volatility and compounding costs. Opportunities exist for tactical traders during uptrends, but risks include severe drawdowns and daily rebalancing effects. Investors should weigh the 3x leverage against potential wealth destruction in downturns, as seen in 2022's 81% drop versus Nasdaq's 33% decline.
Trailing returns across standard periods
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.
Read more on SU →TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →