HP Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? HP Inc trades at $24.86 (market cap $22.15B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: HP Inc pays a 4.95% 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, HP Inc nearer its low. Which is the better fit depends on your goals.
| HPQ | QQQE | |
|---|---|---|
Market Cap | $22.15B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $29.35 | $122.72 |
52-Week Low | $18.20 | $96.06 |
Enterprise Value | $29.31B | — |
Dividend Yield | 4.95% | — |
Trailing returns across standard periods
Latest headlines on both assets
HP Incorporated is a leading provider of computers, printers, and printer supplies. The company's mains segments are personal systems and printing. Its personal systems segment contains notebooks, desktops, and workstations. Its printing segment contains supplies, consumer hardware, and commercial hardware. In 2015, Hewlett-Packard was separated into HP Incorporated and Hewlett Packard Enterprise and the Palo Alto, California-based HP Incorporated sells on a global scale.
Read more on HPQ →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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