Box Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Box Inc trades at $29.3 (market cap $4.07B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $119.29. The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Box Inc nearer its low. Which is the better fit depends on your goals.
| BOX | QQQE | |
|---|---|---|
Market Cap | $4.07B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $33.55 | $122.72 |
52-Week Low | $21.37 | $96.06 |
Enterprise Value | $4.62B | — |
Trailing returns across standard periods
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature that enhance workflow management and collaboration.
Read more on BOX →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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