Compare Consolidated Edison, Inc. (ED) vs Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Consolidated Edison, Inc. vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Consolidated Edison, Inc. trades at $111.98 (market cap $40.65B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.07. The key difference: Consolidated Edison, Inc. pays a 3.15% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none. Which is the better fit depends on your goals.
| ED | QQQE | |
|---|---|---|
Market Cap | $40.65B | — |
Sector | Utilities | Broad Market / Factor |
52-Week High | $115.46 | $122.72 |
52-Week Low | $95.37 | $96.06 |
Enterprise Value | $67.68B | — |
Dividend Yield | 3.15% | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
QQQE trades at $118.10, down 0.94% with a bearish technical signal despite bullish moving averages. The ETF provides equal-weighted exposure to Nasdaq-100 companies, reducing concentration risk compared to market-cap weighted alternatives. Recent news highlights SpaceX's potential Nasdaq-100 inclusion and QQQE's defensive characteristics in current market conditions.
The ETF offers diversified Nasdaq-100 exposure amid high market concentration concerns, though technical indicators show mixed signals with RSI at oversold levels. Key risks include market volatility and equal-weight strategy underperformance during mega-cap rallies. Support levels cluster around $117-118 with resistance at $119-120.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
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About Consolidated Edison, Inc.
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →About Direxion NASDAQ 100 Equal Weighted Index Shares
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 →
