First Trust NASDAQ Cybersecurity ETF vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? First Trust NASDAQ Cybersecurity ETF trades at $100.23, while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $122.33. Which is the better fit depends on your goals.
| CIBR | QQQE | |
|---|---|---|
52-Week High | $100.60 | $122.72 |
52-Week Low | $60.74 | $96.06 |
Sector | — | Broad Market / Factor |
Trailing returns across standard periods
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes securities of companies classified as cyber security companies. The fund is non-diversified.
Read more on CIBR →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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