QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares
B

67
*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 4.54 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 29th percentile within its peer group and in the 16th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QQQE MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

QQQE Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QQQE 4.20% 3.57% 25.22% 8.20% 15.58% 11.68% --
QQQE (NAV) 2.54% 2.62% 24.63% 8.15% 15.61% 11.74% --
NASDAQ-100 Equal Weighted Index 2.58% 2.72% 25.00% 8.53% 16.04% 12.14% --
MSCI USA Large Cap Index 2.93% 3.34% 21.64% 5.87% 14.60% 10.84% 13.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QQQE Summary Data

Direxion
03/21/12
Open-Ended Fund
0.35%
$215.08M
$1.84M
0.09%

QQQE Portfolio Data

$89.21B
26.41
4.66
0.72%
09/24/19
104

QQQE Index Data

Equal
NASDAQ - Listed
MSCI USA Large Cap Index

QQQE Portfolio Management

0.35%
-0.37%
-0.27%
-0.44%

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 -

QQQE Factset Analytics Block Liquidity

As of 09/20/19
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

37,571
$1.84M
21,637
$1.05M
0.09%
$0.05
0.00%
0.41% / -0.38%
None
100.00%
50,000
0.43
0.02%
0.01%
99
$50.53
5

QQQE Sector/Industry Breakdown


QQQE
Segment Benchmark
46.95%
29.02%
21.10%
13.15%
15.01%
14.03%
8.99%
9.15%
4.93%
7.74%
1.04%
2.30%
1.01%
14.77%
0.98%
2.64%

QQQE Countries


QQQE
Segment Benchmark
95.15%
100.00%
3.77%
--
1.08%
--

QQQE Regions


QQQE
Segment Benchmark
95.15%
100.00%
3.77%
--
1.08%
--

QQQE Economic Development


QQQE
Segment Benchmark
96.23%
100.00%
3.77%
--

QQQE Performance Statistics

0.92
1.17
1.16
1.12
0.38%
MSCI USA Large Cap Index

QQQE MSCI ESG Ratings

BBB
4.54 / 10
15.69
29.47
2.96%
8.76%
101.68

QQQE Benchmark Comparison Holdings

104
298
70
22.32%

QQQE Benchmark Comparison Summary


QQQE
Segment Benchmark
104
298
$89.21B
$268.77B
26.41
21.93
4.66
3.46
1.03%
1.91%
Low
Low

QQQE Benchmark Comparison Market Cap Size


QQQE
Segment Benchmark
95.90%
99.74%
4.10%
0.26%
0.00%
0.00%
0.00%
0.00%