ProShares UltraPro QQQ ETF vs Vale SA — how do they compare? ProShares UltraPro QQQ ETF trades at $71.41, while Vale SA trades at $14.13 (market cap $59.07B). The key difference: Vale SA pays a 8.93% dividend while ProShares UltraPro QQQ ETF pays none, and ProShares UltraPro QQQ ETF is trading nearer its 52-week high, Vale SA nearer its low. Which is the better fit depends on your goals.
| TQQQ | VALE | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $87.22 | $17.82 |
52-Week Low | $37.89 | $9.53 |
Market Cap | — | $59.07B |
Enterprise Value | — | $75.99B |
Dividend Yield | — | 8.93% |
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 →Vale is the world's largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.
Read more on VALE →