Marathon Petroleum Corp vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Marathon Petroleum Corp trades at $318.36 (market cap $92.05B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Marathon Petroleum Corp pays a 1.24% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none, and Marathon Petroleum Corp is trading nearer its 52-week high, Direxion NASDAQ 100 Equal Weighted Index Shares nearer its low. Which is the better fit depends on your goals.
| MPC | QQQE | |
|---|---|---|
Market Cap | $92.05B | — |
Sector | Energy | Broad Market / Factor |
52-Week High | $315.31 | $122.72 |
52-Week Low | $158.59 | $96.06 |
Enterprise Value | $124.23B | — |
Dividend Yield | 1.24% | — |
Trailing returns across standard periods
Latest headlines on both assets
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, ND, facility produces 184 million gallons a year of renewable diesel. Its Martinez, CA, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed MLP, MPLX.
Read more on MPC →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 →