Compare Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE) vs Advanced Drainage Systems Inc (WMS) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Direxion NASDAQ 100 Equal Weighted Index Shares vs Advanced Drainage Systems Inc — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.73, while Advanced Drainage Systems Inc trades at $131.78 (market cap $9.94B). The key difference: Advanced Drainage Systems Inc pays a 0.61% 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, Advanced Drainage Systems Inc nearer its low. Which is the better fit depends on your goals.
| QQQE | WMS | |
|---|---|---|
Sector | Broad Market / Factor | Industrials |
52-Week High | $124.69 | $175.38 |
52-Week Low | $96.06 | $129.50 |
Market Cap | — | $9.94B |
Enterprise Value | — | $11.54B |
Dividend Yield | — | 0.61% |
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 trades at $119.78, down 0.8% on the day, with a neutral technical signal overall. The ETF provides equal-weighted exposure to the Nasdaq-100, reducing concentration risk compared to market-cap weighted alternatives. Recent news highlights the potential inclusion of SpaceX in the underlying index, which could drive new investor interest. Technical indicators show mixed signals with bullish moving averages but neutral oscillators.
The outlook for QQQE remains tied to Nasdaq-100 performance, with equal weighting offering defensive characteristics during market rotations. Key risks include tech sector volatility and index composition changes. The ETF's structure provides diversification benefits for investors seeking Nasdaq exposure without heavy concentration in mega-cap tech names.
WMS trades at $133.67, down 1.54% today, with a bearish technical signal from moving averages. The company reported strong Q2 2026 earnings of $2.49 per share, beating estimates, and maintains solid profitability with a 14% net income margin. Recent news highlights institutional buying and positive analyst coverage, though technical indicators show near-term pressure.
The outlook is mixed: analyst consensus targets $191.50, implying upside, but near-term technical weakness and a projected net cash outflow in 2026 pose risks. Investment appeal hinges on execution of growth initiatives and margin stability amid competitive and macroeconomic headwinds.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
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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 Advanced Drainage Systems Inc
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe
Read more on WMS →
