iShares 7-10 Year Treasury Bond ETF vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? iShares 7-10 Year Treasury Bond ETF trades at $93.32, while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, iShares 7-10 Year Treasury Bond ETF nearer its low. Which is the better fit depends on your goals.
| IEF | QQQE | |
|---|---|---|
52-Week High | $97.99 | $122.72 |
52-Week Low | $93.11 | $96.06 |
Sector | — | Broad Market / Factor |
Trailing returns across standard periods
The underlying index measures the performance of public obligations of the US Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in US Treasury securities that the advisor believes will help the fund track the underlying index.
Read more on IEF →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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