ArcelorMittal SA vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? ArcelorMittal SA trades at $66.25 (market cap $50.01B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: ArcelorMittal SA pays a 0.91% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none. Which is the better fit depends on your goals.
| MT | QQQE | |
|---|---|---|
Market Cap | $50.01B | — |
Sector | Basic Materials | Broad Market / Factor |
52-Week High | $71.65 | $122.72 |
52-Week Low | $30.39 | $96.06 |
Enterprise Value | $59.33B | — |
Dividend Yield | 0.91% | — |
Trailing returns across standard periods
ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA
Read more on MT →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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