Bitwise Crypto Industry Innovators ETF vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Bitwise Crypto Industry Innovators ETF trades at $22.36, 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, Bitwise Crypto Industry Innovators ETF nearer its low. Which is the better fit depends on your goals.
| BITQ | QQQE | |
|---|---|---|
Sector | Crypto-linked | Broad Market / Factor |
52-Week High | $30.43 | $122.72 |
52-Week Low | $16.74 | $96.06 |
Trailing returns across standard periods
BITQ tracks companies at the forefront of the crypto economy, including miners, equipment suppliers, and financial service providers. It offers indirect exposure to the growth of the broader crypto ecosystem.
Read more on BITQ →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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