QQQE ETF Analysis: Direxion NASDAQ-100 Equal | NASDAQ
Large Growth | NASDAQ, USA | Market Cap: 1.313m USD | 12M Return: 16.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 22.1M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
QQQE is an ETF that tracks the equal-weighted version of the NASDAQ-100 Index, holding approximately 100 of the largest non-financial companies listed on the NASDAQ Stock Market. Under its policy, the fund invests at least 80% of its assets in the indexs underlying securities or instruments with similar economic exposure.
Unlike the standard NASDAQ-100, which weights constituents by market capitalization, QQQE assigns each holding an equal weight, giving smaller index members proportionally greater influence than they would receive in a cap-weighted approach. The fund also excludes financial companies, meaning its exposure is concentrated in sectors such as technology, consumer discretionary, and healthcare that dominate NASDAQ listings.
- AI capex cycle boosts revenue across NASDAQ-100 constituent companies
- Federal Reserve rate path drives growth stock valuation multiples
- Equal weighting rotation reduces mega-cap concentration versus cap-weighted QQQ
As of July 26, 2026, the stock is trading at USD 115.41 with a total of 170,756 shares traded. Over the past week, the price has changed by -1.19%, over one month by -2.76%, over three months by +6.20% and over the past year by +16.06%.
Current recommended Stop Loss: 112.60 (which is 2.4% or 1.7 ATR below the current price).
Direxion NASDAQ-100 Equal has no consensus analysts rating.