Compare Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE) vs Invesco S&P 500 Low Volatility ETF (SPLV) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Direxion NASDAQ 100 Equal Weighted Index Shares vs Invesco S&P 500 Low Volatility ETF — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $121.86 (market cap $1.45B), while Invesco S&P 500 Low Volatility ETF trades at $72.26 (market cap $6.94B). The key difference: Invesco S&P 500 Low Volatility ETF is far larger — about 4.8× Direxion NASDAQ 100 Equal Weighted Index Shares's market cap, and Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Invesco S&P 500 Low Volatility ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Direxion NASDAQ 100 Equal Weighted Index Shares for 48 Days and Invesco S&P 500 Low Volatility ETF for 123 Days on average.
| QQQE | SPLV | |
|---|---|---|
Market Cap | $1.45B | $6.94B |
Volume | 323,568 | 1,663,703 |
Sector | Broad Market / Factor | — |
52-Week High | $124.69 | $77.97 |
52-Week Low | $96.06 | $70.30 |
Typical Hold Time | 48 Days | 123 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
QQQE, the Direxion NASDAQ-100 Equal Weighted Index ETF, trades at $121.68, down 0.17% on the day. Technical indicators show a bullish trend with moving averages supporting upside momentum, while oscillators are neutral. The equal-weight strategy reduces technology concentration compared to the standard NASDAQ-100 ETF, offering diversified exposure to large-cap growth stocks. Recent news highlights tactical preference for QQQE over QQQ due to its fundamental and technical positioning.
The outlook for QQQE is positive, driven by its equal-weight approach mitigating single-stock risk and capturing broad Nasdaq growth. Key risks include market volatility and sector concentration shifts. Investment appeal lies in its structural diversification, though reliance on tech sector performance remains a factor for investors to weigh.
SPLV, the Invesco S&P 500 Low Volatility ETF, trades at $72.17 with a 1.33% daily gain. The ETF faces technical headwinds with a bearish moving average signal while oscillators remain neutral. Recent news highlights SPLV's underperformance versus the S&P 500, returning 5% versus 17%, due to sector overweights in Utilities, Real Estate, and Financials. The ETF maintains a 19.5x P/E ratio with upcoming dividend payments scheduled.
SPLV offers defensive exposure during market volatility but faces growth-adjusted valuation concerns. Key risks include concentrated sector exposure and lagging broad market performance. The neutral technical stance and mixed sentiment suggest cautious positioning for investors seeking low-volatility equity exposure amid geopolitical and economic uncertainty.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Direxion NASDAQ 100 Equal Weighted Index Shares
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 →About Invesco S&P 500 Low Volatility ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the "index Provider") compiles, maintains and calculates the underlying index, which is designed to measure the performance of the 100 least volatile constituents of the S&P 500 ® Index over the past 12 months as determined by the index Provider.
Read more on SPLV →
