(QQQE) Direxion NASDAQ-100 Equal - NASDAQ

ETF Category: Large Growth | Exchange: NASDAQ (USA) | Market Cap: 1.313m USD | Total Return: 22.6% in 12m

Technology Stocks, Consumer Services, Healthcare, Industrial Securities
Total Rating 50
Safety 21
Buy Signal -0.21
Large Growth
Category Rotation: -14.0
TER: 0.35%
AUM: 1.31B
Avg Turnover: 20.0M
Risk 3d forecast
Volatility25.2%
VaR 5th Pctl4.75%
VaR vs Median4.47%
Reward TTM
Sharpe Ratio1.16
Rel. Str. IBD66.2
Rel. Str. Peer Group68.8
Character TTM
Beta1.113
Beta Downside1.184
Hurst Exponent0.481
Drawdowns 3y
Max DD21.38%
CAGR/Max DD0.76
CAGR/Mean DD5.13

Warnings

No concerns identified

Tailwinds

Shakeout

Description: QQQE Direxion NASDAQ-100 Equal

The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) tracks a modified version of the NASDAQ-100 Index, maintaining a policy of investing at least 80% of its assets in constituent securities. Unlike its market-cap-weighted counterpart, this fund assigns an equal weight to each of the approximately 100 non-financial companies within the index, reducing concentration risk in mega-cap technology names.

The equal-weight methodology provides greater exposure to the long tail of the NASDAQ-100, which includes significant holdings in the healthcare, consumer discretionary, and industrial sectors. This business model essentially rebalances periodically to sell outperformers and buy underperformers, ensuring that mid-sized growth companies have the same impact on fund performance as the largest tech giants.

Investors can further evaluate the underlying fundamentals of these holdings by exploring the data tools on ValueRay.

Headlines to Watch Out For
  • Performance of mid-cap technology constituents drives returns over mega-cap dominance
  • Equal weighting reduces concentration risk from high-valuation Magnificent Seven stocks
  • Interest rate shifts disproportionately impact growth-oriented companies with high debt
  • Quarterly rebalancing activity forces selling of winners and buying of underperformers
  • Broad sector diversification beyond technology influences volatility relative to standard NASDAQ-100
What is the price of QQQE shares?

As of June 11, 2026, the stock is trading at USD 116.68 with a total of 465,765 shares traded.
Over the past week, the price has changed by -4.20%, over one month by +2.21%, over three months by +13.55% and over the past year by +22.55%.

Is QQQE a buy, sell or hold?

Direxion NASDAQ-100 Equal has no consensus analysts rating.