Direxion NASDAQ 100 Equal Weighted Index Shares vs Quantumscape Corp — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $116.97, while Quantumscape Corp trades at $5.62 (market cap $3.72B). The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Quantumscape Corp nearer its low. Which is the better fit depends on your goals.
| QQQE | QS | |
|---|---|---|
Sector | Broad Market / Factor | Consumer Cyclical |
52-Week High | $122.72 | $18.44 |
52-Week Low | $96.06 | $5.86 |
Market Cap | — | $3.72B |
Enterprise Value | — | $2.89B |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on QQQE →QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Read more on QS →