Affirm Holdings Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Affirm Holdings Inc trades at $77.35 (market cap $25.69B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $122.36. The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Affirm Holdings Inc nearer its low. Which is the better fit depends on your goals.
| AFRM | QQQE | |
|---|---|---|
Market Cap | $25.69B | — |
Sector | Financials | Broad Market / Factor |
52-Week High | $92.18 | $122.72 |
52-Week Low | $42.53 | $96.06 |
Enterprise Value | $32.30B | — |
Trailing returns across standard periods
Latest headlines on both assets
Affirm Holdings Inc offers a platform for digital and mobile first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a major share of its revenue from the United States.
Read more on AFRM →QQQE is an ETF that seeks to track the performance of the NASDAQ-100 Equal Weighted Index. Unlike traditional market-capitalization-weighted indexes, this fund assigns equal weight to each of the 100 non-financial companies in the NASDAQ-100 and rebalances quarterly. This equal-weighting scheme reduces concentration risk in the largest technology companies and increases the fund's exposure to smaller-cap and mid-cap companies within the index, providing a differentiated growth profile.
Read more on QQQE →