Direxion NASDAQ 100 Equal Weighted Index Shares vs Sibanye Stillwater Ltd — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $116.97, while Sibanye Stillwater Ltd trades at $8.79 (market cap $5.87B). The key difference: Sibanye Stillwater Ltd pays a 3.62% 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, Sibanye Stillwater Ltd nearer its low. Which is the better fit depends on your goals.
| QQQE | SBSW | |
|---|---|---|
Sector | Broad Market / Factor | Basic Materials |
52-Week High | $122.72 | $21.12 |
52-Week Low | $96.06 | $7.27 |
Market Cap | — | $5.87B |
Enterprise Value | — | $7.48B |
Dividend Yield | — | 3.62% |
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 →Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.
Read more on SBSW →