Newegg Commerce Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Newegg Commerce Inc trades at $13.12 (market cap $270.98M), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Newegg Commerce Inc nearer its low. Which is the better fit depends on your goals.
| NEGG | QQQE | |
|---|---|---|
Market Cap | $270.98M | — |
Sector | Consumer Cyclical | Broad Market / Factor |
52-Week High | $128.09 | $122.72 |
52-Week Low | $12.92 | $96.06 |
Enterprise Value | $269.78M | — |
Trailing returns across standard periods
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.
Read more on NEGG →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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