ProShares UltraPro QQQ ETF vs Utilities Select Sector SPDR Fund — how do they compare? ProShares UltraPro QQQ ETF trades at $71.21, while Utilities Select Sector SPDR Fund trades at $44.94. The key difference: ProShares UltraPro QQQ ETF is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| TQQQ | XLU | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $87.22 | $47.73 |
52-Week Low | $37.89 | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →