NextEra Energy, Inc. vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? NextEra Energy, Inc. trades at $85.8 (market cap $178.85B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $122.33. The key difference: NextEra Energy, Inc. pays a 2.91% 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, NextEra Energy, Inc. nearer its low. Which is the better fit depends on your goals.
| NEE | QQQE | |
|---|---|---|
Market Cap | $178.85B | — |
Sector | Utilities | Broad Market / Factor |
52-Week High | $97.88 | $122.72 |
52-Week Low | $69.77 | $96.06 |
Enterprise Value | $286.18B | — |
Dividend Yield | 2.91% | — |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →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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