Direxion NASDAQ 100 Equal Weighted Index Shares vs Rent the Runway Inc — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $116.97, while Rent the Runway Inc trades at $3.09 (market cap $104.26M). The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Rent the Runway Inc nearer its low. Which is the better fit depends on your goals.
| QQQE | RENT | |
|---|---|---|
Sector | Broad Market / Factor | Consumer Cyclical |
52-Week High | $122.72 | $9.39 |
52-Week Low | $96.06 | $3.09 |
Market Cap | — | $104.26M |
Enterprise Value | — | $264.36M |
Trailing returns across standard periods
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 →Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.
Read more on RENT →