Nasdaq Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Nasdaq Inc trades at $90.25 (market cap $51.96B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Nasdaq Inc pays a 1.22% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none, and Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Nasdaq Inc nearer its low. Which is the better fit depends on your goals.
| NDAQ | QQQE | |
|---|---|---|
Market Cap | $51.96B | — |
Sector | Financials | Broad Market / Factor |
52-Week High | $100.98 | $122.72 |
52-Week Low | $76.85 | $96.06 |
Enterprise Value | $59.02B | — |
Dividend Yield | 1.22% | — |
Trailing returns across standard periods
Latest headlines on both assets
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Read more on NDAQ →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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