Direxion NASDAQ 100 Equal Weighted Index Shares vs YieldMax TSLA Option Income Strategy ETF — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $116.97, while YieldMax TSLA Option Income Strategy ETF trades at $24.36. The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, YieldMax TSLA Option Income Strategy ETF nearer its low. Which is the better fit depends on your goals.
| QQQE | TSLY | |
|---|---|---|
Sector | Broad Market / Factor | Income / Options Overlay |
52-Week High | $122.72 | $48.25 |
52-Week Low | $96.06 | $25.07 |
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 →TSLY is an actively managed ETF that seeks to provide high monthly income by employing a synthetic covered call strategy on Tesla, Inc. (TSLA). It does not own Tesla stock directly; instead, it uses a combination of call and put options to simulate long exposure while simultaneously selling call options to collect premiums. It is designed for income-focused investors who are willing to trade TSLA's potential upside for immediate, aggressive yield.
Read more on TSLY →