QQQEDirexion NASDAQ-100 Equal Weighted Index Shares
QQQE Fund Description
QQQE tracks an equal-weighted version of the NASDAQ 100.
QQQE Factset Analytics Insight
QQQE applies an equal-weighting scheme to NASDAQ 100, an index that comprises 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalization. The fund invests in companies across various non-financial sectors and rebalances quarterly to provide same exposure to all index constituents without any industry and market cap biases. Overall, QQQE is for investors wanting a less concentrated version of the growth-oriented, high beta NASDAQ 100.
QQQE MSCI ESG Analytics Insight
Direxion NASDAQ-100 Equal Weighted Index Shares has an MSCI ESG Fund Rating of A based on a score of 6.44 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 54th percentile within its peer group and in the 58th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QQQE Summary Data
QQQE Portfolio Data
QQQE Index Data
QQQE Portfolio Management
QQQE Tax Exposures
QQQE Fund Structure
QQQE Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
QQQE Top 10 Holdings[View All]
QQQE Economic Development
QQQE Performance Statistics
QQQE MSCI ESG Ratings
QQQE Benchmark Comparison Summary
QQQE Benchmark Comparison Market Cap Size