Compare Essex Property Trust, Inc. (ESS) vs Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Essex Property Trust, Inc. vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Essex Property Trust, Inc. trades at $270.61 (market cap $17.26B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $121.57 (market cap $1.45B). The key difference: Essex Property Trust, Inc. is far larger — about 11.9× Direxion NASDAQ 100 Equal Weighted Index Shares's market cap, and Essex Property Trust, Inc. pays a 3.86% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none. Which is the better fit depends on your goals — on Pluang, investors hold Essex Property Trust, Inc. for 111 Days and Direxion NASDAQ 100 Equal Weighted Index Shares for 47 Days on average.
| ESS | QQQE | |
|---|---|---|
Market Cap | $17.26B | $1.45B |
Volume | 454,464 | 323,568 |
Sector | Real Estate | Broad Market / Factor |
52-Week High | $298.33 | $124.69 |
52-Week Low | $239.61 | $96.06 |
Typical Hold Time | 111 Days | 47 Days |
Enterprise Value | $23.86B | — |
Dividend Yield | 3.86% | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
ESS trades at $270.20, up 0.8% with mixed technical signals showing bearish moving averages but neutral oscillators. The company reported strong Q2 2026 results beating FFO guidance and raised full-year outlook, though recent earnings show volatility with two misses in the last four quarters. Revenue has grown steadily from $1.6B in 2022 to $1.9B in 2025, while profit margins remain healthy at 35.48%.
The stock presents a compelling opportunity with 18 buy ratings and consensus price target of $303.41 (12.3% upside), supported by strong operational performance and litigation resolution. Key risks include elevated valuation multiples (P/E 41.83) and debt levels, while institutional buying from BlackRock and Canada Pension Plan provides confidence in the recovery thesis.
QQQE (Direxion NASDAQ-100 Equal Weighted Index ETF) trades at $121.58, down 0.25% on the day, with a bullish technical signal from moving averages while oscillators remain neutral. The ETF provides equal-weighted exposure to NASDAQ-100 companies, reducing technology concentration from 60% to 45% compared to market-cap weighted alternatives. Recent analysis suggests QQQE offers tactical advantages over QQQ for the next twelve months due to its equal-weight methodology.
The outlook for QQQE appears favorable as equal weighting provides diversification benefits amid potential tech sector volatility. Key risks include NASDAQ concentration and market sensitivity, but the ETF's structure offers balanced exposure to large-cap growth stocks. Technical support levels at $120-121 provide near-term downside protection.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Essex Property Trust, Inc.
Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Read more on ESS →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 →
