United Microelectronics Corp vs ProShares UltraPro S&P500 — how do they compare? United Microelectronics Corp trades at $21.14 (market cap $51.00B), while ProShares UltraPro S&P500 trades at $141.66. The key difference: United Microelectronics Corp pays a 2.03% dividend while ProShares UltraPro S&P500 pays none, and ProShares UltraPro S&P500 is trading nearer its 52-week high, United Microelectronics Corp nearer its low. Which is the better fit depends on your goals.
| UMC | UPRO | |
|---|---|---|
Market Cap | $51.00B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $28.02 | $150.93 |
52-Week Low | $6.58 | $89.29 |
Enterprise Value | $48.57B | — |
Dividend Yield | 2.03% | — |
Trailing returns across standard periods
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 →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →