Lufax Holding Ltd vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Lufax Holding Ltd trades at $1.4 (market cap $2.41B), 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, Lufax Holding Ltd nearer its low. Which is the better fit depends on your goals.
| LU | QQQE | |
|---|---|---|
Market Cap | $2.41B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $4.40 | $122.72 |
52-Week Low | $1.23 | $96.06 |
Trailing returns across standard periods
Lufax Holding Ltd is a leading financial technology (fintech) platform in China. The company operates a technology-driven personal financial services platform that offers a wide range of loans and wealth management products to its users. Lufax primarily serves the rapidly growing wealth and consumption needs of China’s mass affluent and affluent populations through a combination of its digital platform and an extensive offline network.
Read more on LU →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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