Kinder Morgan Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Kinder Morgan Inc trades at $32.47 (market cap $72.48B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Kinder Morgan Inc pays a 3.61% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none. Which is the better fit depends on your goals.
| KMI | QQQE | |
|---|---|---|
Market Cap | $72.48B | — |
Sector | Energy | Broad Market / Factor |
52-Week High | $34.31 | $122.72 |
52-Week Low | $25.84 | $96.06 |
Enterprise Value | $104.36B | — |
Dividend Yield | 3.61% | — |
Trailing returns across standard periods
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and over 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Read more on KMI →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 →