Ambarella Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Ambarella Inc trades at $83.82 (market cap $3.64B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $122.33. The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Ambarella Inc nearer its low. Which is the better fit depends on your goals.
| AMBA | QQQE | |
|---|---|---|
Market Cap | $3.64B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $95.51 | $122.72 |
52-Week Low | $48.65 | $96.06 |
Enterprise Value | $3.37B | — |
Trailing returns across standard periods
Ambarella is a semiconductor company specializing in low-power video compression and computer vision processors. Its chips power AI cameras for security, automotive safety, and robotics applications.
Read more on AMBA →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.
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