Toronto-Dominion Bank vs ProShares UltraPro QQQ ETF — how do they compare? Toronto-Dominion Bank trades at $120.27 (market cap $197.03B), while ProShares UltraPro QQQ ETF trades at $71.27. The key difference: Toronto-Dominion Bank pays a 2.62% dividend while ProShares UltraPro QQQ ETF pays none, and Toronto-Dominion Bank is trading nearer its 52-week high, ProShares UltraPro QQQ ETF nearer its low. Which is the better fit depends on your goals.
| TD | TQQQ | |
|---|---|---|
Market Cap | $197.03B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $124.80 | $87.22 |
52-Week Low | $72.55 | $37.89 |
Dividend Yield | 2.62% | — |
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
Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
Read more on TD →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 →