Compare Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE) vs YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Direxion NASDAQ 100 Equal Weighted Index Shares vs YieldMax Magnificent 7 Fund of Option Income ETFs — how do they compare? Direxion NASDAQ 100 Equal Weighted Index Shares trades at $121.92 (market cap $1.45B), while YieldMax Magnificent 7 Fund of Option Income ETFs trades at $11.44 (market cap $296.92M). The key difference: Direxion NASDAQ 100 Equal Weighted Index Shares is far larger — about 4.9× YieldMax Magnificent 7 Fund of Option Income ETFs's market cap, and Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, YieldMax Magnificent 7 Fund of Option Income ETFs 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 YieldMax Magnificent 7 Fund of Option Income ETFs for 62 Days on average.
| QQQE | YMAG | |
|---|---|---|
Market Cap | $1.45B | $296.92M |
Volume | 323,568 | 1,023,545 |
Sector | Broad Market / Factor | Income / Options Overlay |
52-Week High | $124.69 | $15.68 |
52-Week Low | $96.06 | $10.76 |
Typical Hold Time | 48 Days | 62 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 $121.03, down 0.71% on the day, with a bullish technical signal from moving averages. The ETF provides diversified exposure to large-cap growth stocks within the NASDAQ-100, with an equal-weight methodology reducing concentration risk compared to the standard index. Recent news highlights its tactical appeal versus cap-weighted peers.
The outlook for QQQE is supported by its structural diversification benefits and positive technical momentum, though it remains sensitive to broader market volatility and technology sector performance. Key risks include market concentration and economic cycles affecting growth stocks.
YMAG trades at $11.44, down 0.44% on the day, with a bearish technical signal driven by moving averages. The ETF maintains a consistent weekly dividend distribution schedule, with recent payouts ranging from $0.07 to $0.11 per share. Technical indicators show neutral oscillators but bearish momentum signals, with all support and resistance levels clustered around $11.
The outlook remains cautious due to the bearish technical setup and potential NAV volatility from underlying option strategies. Income-focused investors may find the distribution yield attractive, but price stability concerns persist given the concentrated support level and negative momentum indicators.
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 YieldMax Magnificent 7 Fund of Option Income ETFs
YMAG is an actively managed 'fund of funds' that provides equal-weighted exposure to the seven YieldMax ETFs tracking the 'Magnificent 7' tech giants (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla). It seeks to generate high current income by harvesting option premiums across these leaders, offering a streamlined way to access concentrated tech volatility in an income-producing format.
Read more on YMAG →
