Invesco DB Agriculture Fund vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Invesco DB Agriculture Fund trades at $27.6, 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, Invesco DB Agriculture Fund nearer its low. Which is the better fit depends on your goals.
| DBA | QQQE | |
|---|---|---|
52-Week High | $28.73 | $122.72 |
52-Week Low | $25.44 | $96.06 |
Sector | — | Broad Market / Factor |
Trailing returns across standard periods
The index, which is comprised of one or more underlying commodities ("index commodities"), is intended to reflect the agricultural sector. The fund pursues its investment objective by investing in a portfolio of exchange-traded futures.
Read more on DBA →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.
Read more on QQQE →