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QMJ - Direxion S&P 500 High minus Low Quality ETF

Stock Price: $68.41 USD -0.54 (-0.78%)
Updated Jul 29, 2021 4:00 PM EDT - Market closed
Assets $13.83M
NAV $69.15
Expense Ratio 0.36%
PE Ratio 27.94
Beta (5Y) 0.70
Dividend (ttm) $0.71
Dividend Yield 1.03%
Ex-Dividend Date Jun 22, 2021
1-Year Return -
Trading Day July 29
Last Price $68.41
Previous Close $68.95
Change ($) -0.54
Change (%) -0.78%
Day's Open 68.89
Day's Range 68.29 - 69.08
Day's Volume 67,751
52-Week Range 50.02 - 69.42

Fund Description

The investment seeks investment results, before fees and expenses, that track the S&P 500® 150/50 Quality 0.30% Decrement Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities that comprise the Long Component of the index or shares of exchange-traded funds (ETFs) on the Long Component of the index. The index consists of a portfolio that has 150% long exposure to the S&P 500® Quality Index (the Long Component) and 50% short (or inverse) exposure to the S&P 500® Quality - Lowest Quintile Index (the Short Component). It is non-diversified.

Asset Class
Equity
Inception Date
Feb 5, 2020
Exchange
NYSEARCA
Ticker Symbol
QMJ
Index Tracked
SP 500 150/50 Quality 0.30% Decrement Index

Top 10 Holdings

92.52% of assets
NameSymbolWeight
S&P 500 QUALITY U.S DOLLARS INDEX SWAPn/a55.25%
AppleAAPL5.23%
MicrosoftMSFT5.18%
Visa, IncV4.51%
JPMorgan ChaseJPM4.27%
Procter & GamblePG4.25%
MastercardMA4.19%
Bank of America BAC3.58%
AdobeADBE3.21%
Cisco SystemsCSCO2.84%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Jun 22, 2021$0.235Jun 29, 2021
Mar 23, 2021$0.096Mar 30, 2021
Dec 22, 2020$0.212Dec 30, 2020
Sep 22, 2020$0.172Sep 29, 2020
Jun 23, 2020$0.201Jun 30, 2020
Mar 24, 2020$0.161Mar 31, 2020
Full Dividend History

News

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U.S. equity markets experienced one of the swiftest bear markets in history earlier this year and one of the most rapid rebounds on record.

11 months ago - Benzinga

Once again, the quality factor is delivering for investors, providing support to exchange-traded funds, such as the Direxion S&P 500 High minus Low Quality ETF (NYSE: QMJ).

1 year ago - Benzinga

While markets have moved higher since the March lows were formed, not all stocks have performed equally as well. For example, tech stocks have been on fire until recently, as the Nasdaq Composite has so...

1 year ago - ETF Trends

Three days of impressive market action notwithstanding, stocks still aren't out of the woods just yet.

Other tickers mentioned: ESNG, FLYT
1 year ago - Benzinga

In an equities environment as volatile as it is now, investors can look to quality when it comes to seeking areas where they can park their capital. This can apply to thematic areas, such as environment...

Other tickers mentioned: ESNG
1 year ago - ETF Trends