QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares
A

68
*Unless otherwise stated, data provided by FactSet.

QQQE Fund Description

QQQE tracks an equal-weighted version of the Nasdaq 100.

QQQE Factset Analytics Insight

QQQE takes the 100 stocks in the NASDAQ 100, weights them equally and rebalances them every quarter. Sound familiar? It's the exact same strategy offered by the First Trust NASDAQ-100 Equal Weighted Fund (QQEW). The main difference is that QQEW is more established, and also more expensive, charginga hefty fee in annual fees while QQQE charges much less. Like QQEW, QQQE is overweight technology (around 40% of the portfolio) and has a strong midcap tilt. Also like QQEW, QQQE is not a good choice for an investor searching for broad-based large-cap exposure; it's a good choice for an investor who wants to own a less concentrated version of the growth-oriented, high beta NASDAQ-100. Note that weak investor interest raises concerns about the fund's future viability.

QQQE MSCI ESG Analytics Insight

Direxion NASDAQ-100 Equal Weighted Index Shares has an MSCI ESG Fund Rating of BBB based on a score of 4.52 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion NASDAQ-100 Equal Weighted Index Shares ranks in the 28th percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QQQE CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
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  • YTD
  • 1 Year
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  • 5 Years
  • Max
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QQQE 5.56% 2.73% 25.60% 8.34% 16.60% 12.91% --
QQQE (NAV) 4.37% 3.41% 25.84% 8.98% 16.66% 12.73% --
NASDAQ-100 Equal Weighted Index 4.41% 3.52% 26.13% 9.35% 17.10% 13.13% --
MSCI USA Large Cap Index 2.88% 3.75% 20.76% 9.01% 14.05% 11.15% 14.54%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QQQE Top 10 Countries

QQQE Top 10 Sectors

QQQE Top 10 Holdings [View All]

QQQE Summary Data

Direxion
03/21/12
Open-Ended Fund
0.35%
$230.74M
$2.03M
0.09%

QQQE Portfolio Data

$80.38B
24.62
4.50
0.71%
09/24/19
104

QQQE Index Data

Equal
NASDAQ - Listed
MSCI USA Large Cap Index

QQQE Portfolio Management

0.35%
-0.37%
-0.27%
-0.47%

QQQE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QQQE Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

QQQE Factset Analytics Block Liquidity

As of 07/19/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QQQE. QQQE is rated a 5 out of 5.

QQQE Tradability

42,416
$2.03M
25,887
$1.30M
0.09%
$0.05
0.01%
0.41% / -0.38%
None
100.00%
50,000
0.52
0.02%
0.01%
126
$51.02
5

QQQE Sector/Industry Breakdown


QQQE
Segment Benchmark
45.39%
27.67%
21.49%
13.11%
15.57%
14.58%
9.18%
9.27%
5.16%
7.85%
1.08%
2.79%
1.08%
15.05%
1.06%
2.40%

QQQE Countries


QQQE
Segment Benchmark
95.44%
100.00%
3.54%
--
1.02%
--

QQQE Regions


QQQE
Segment Benchmark
95.44%
100.00%
3.54%
--
1.02%
--

QQQE Economic Development


QQQE
Segment Benchmark
96.46%
100.00%
3.54%
--

QQQE Performance Statistics

0.91
1.16
1.16
1.12
0.39%
MSCI USA Large Cap Index

QQQE MSCI ESG Ratings

BBB
4.52 / 10
12.59
27.68
3.19%
8.17%
102.27

QQQE BENCHMARK COMPARISON HOLDINGS

104
296
70
22.07%

QQQE BENCHMARK COMPARISON SUMMARY


QQQE
Segment Benchmark
104
296
$80.38B
$236.12B
24.62
20.23
4.50
3.33
1.10%
2.04%
Low
Low

QQQE BENCHMARK COMPARISON MARKET CAP SIZE


QQQE
Segment Benchmark
89.69%
99.46%
10.31%
0.54%
0.00%
0.00%
0.00%
0.00%