FMC Corp vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? FMC Corp trades at $10.5 (market cap $1.30B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $122.33. The key difference: FMC Corp pays a 3.07% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none, and Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, FMC Corp nearer its low. Which is the better fit depends on your goals.
| FMC | QQQE | |
|---|---|---|
Market Cap | $1.30B | — |
Sector | Basic Materials | Broad Market / Factor |
52-Week High | $40.69 | $122.72 |
52-Week Low | $10.01 | $96.06 |
Enterprise Value | $5.11B | — |
Dividend Yield | 3.07% | — |
Trailing returns across standard periods
FMC is a pure-play crop chemical company. The company has diversified its sales to create a balanced crop chemical portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop chemical companies and will continue to develop new products, with a focus on biologicals, through its research and development pipeline.
Read more on FMC →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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