Direxion NASDAQ 100 Equal Weighted Index Shares vs Teucrium Soybean Fund — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $116.97, while Teucrium Soybean Fund trades at $26.11. The key difference: Teucrium Soybean Fund is trading nearer its 52-week high, Direxion NASDAQ 100 Equal Weighted Index Shares nearer its low. Which is the better fit depends on your goals.
| QQQE | SOYB | |
|---|---|---|
Sector | Broad Market / Factor | Commodities - Metals/Agriculture |
52-Week High | $122.72 | $25.88 |
52-Week Low | $96.06 | $21.07 |
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 →SOYB is a commodity ETF that provides exposure to the price of soybean futures. It utilizes a laddered strategy by investing in several benchmark futures contracts to reduce the impact of roll costs and contango in the agricultural market.
Read more on SOYB →