ProShares UltraPro QQQ ETF vs United Microelectronics Corp — how do they compare? ProShares UltraPro QQQ ETF trades at $71.45, while United Microelectronics Corp trades at $21.14 (market cap $51.00B). The key difference: United Microelectronics Corp pays a 2.03% dividend while ProShares UltraPro QQQ ETF pays none. Which is the better fit depends on your goals.
| TQQQ | UMC | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $87.22 | $28.02 |
52-Week Low | $37.89 | $6.58 |
Market Cap | — | $51.00B |
Enterprise Value | — | $48.57B |
Dividend Yield | — | 2.03% |
Trailing returns across standard periods
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 →Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2021, according to Gartner, after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
Read more on UMC →