Marqeta Inc vs First Trust NASDAQ 100 Technology Index Fund — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while First Trust NASDAQ 100 Technology Index Fund trades at $310.02. The key difference: First Trust NASDAQ 100 Technology Index Fund is trading nearer its 52-week high, Marqeta Inc nearer its low. Which is the better fit depends on your goals.
| MQ | QTEC | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $27.32 | $335.74 |
52-Week Low | $15.04 | $207.03 |
Enterprise Value | $1.15B | — |
Trailing returns across standard periods
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →QTEC is an ETF that seeks to track the performance of the NASDAQ-100 Technology Sector Index. The fund provides targeted exposure to companies within the NASDAQ-100 that are classified as technology or telecommunications companies, focusing on firms involved in software, hardware, and related services. QTEC is a tool for investors seeking focused exposure to high-growth, large-cap technology companies listed on the NASDAQ exchange.
Read more on QTEC →