ProShares UltraPro QQQ ETF vs Warner Music Group Corp — how do they compare? ProShares UltraPro QQQ ETF trades at $71.48, while Warner Music Group Corp trades at $28.2 (market cap $14.64B). The key difference: Warner Music Group Corp pays a 2.71% dividend while ProShares UltraPro QQQ ETF pays none, and ProShares UltraPro QQQ ETF is trading nearer its 52-week high, Warner Music Group Corp nearer its low. Which is the better fit depends on your goals.
| TQQQ | WMG | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $87.22 | $34.72 |
52-Week Low | $37.89 | $23.65 |
Market Cap | — | $14.64B |
Enterprise Value | — | $18.84B |
Dividend Yield | — | 2.71% |
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →