Delta Air Lines, Inc. vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Delta Air Lines, Inc. trades at $90.38 (market cap $59.46B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $122.33. The key difference: Delta Air Lines, Inc. pays a 0.86% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none. Which is the better fit depends on your goals.
| DAL | QQQE | |
|---|---|---|
Market Cap | $59.46B | — |
Sector | Industrials | Broad Market / Factor |
52-Week High | $93.66 | $122.72 |
52-Week Low | $55.65 | $96.06 |
Enterprise Value | $74.77B | — |
Dividend Yield | 0.86% | — |
Trailing returns across standard periods
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta's sale of frequent flier miles, particularly to American Express, is a major driver of the firm's profits.
Read more on DAL →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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