Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
Assets | $823.60M |
NAV | $72.25 |
Expense Ratio | 0.35% |
PE Ratio | 32.44 |
Shares Out | 11.40M |
Dividend (ttm) | $3.11 |
Dividend Yield | 4.25% |
Ex-Dividend Date | Jun 22, 2022 |
1-Year Return | -14.37% |
Volume | 53,601 |
Open | 72.25 |
Previous Close | 71.90 |
Day's Range | 72.06 - 73.17 |
52-Week Low | 60.41 |
52-Week High | 90.21 |
Beta | 1.04 |
Holdings | 103 |
Inception Date | Mar 21, 2012 |
About QQQE
The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is the equal weighted version of the NASDAQ-100 Index which includes approximately 100 of the largest domestic and international non-financial companies listed on the NASDAQ® Stock Market based on market capitalization. The fund is non-diversified.
Top 10 Holdings
Name | Symbol | Weight |
---|---|---|
Intuit | INTU | n/a |
MercadoLibre | MELI | 1.42% |
Atlassian | TEAM | 1.36% |
Netflix | NFLX | 1.18% |
Datadog | DDOG | 1.16% |
Moderna | MRNA | 1.15% |
Old Dominion Freight Line | ODFL | 1.15% |
Tesla | TSLA | 1.15% |
PayPal Holdings | PYPL | 1.15% |
Autodesk | ADSK | 1.14% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 22, 2022 | $0.13982 | Jun 29, 2022 |
Mar 22, 2022 | $0.10345 | Mar 29, 2022 |
Dec 21, 2021 | $0.12751 | Dec 29, 2021 |
Dec 9, 2021 | $2.64938 | Dec 16, 2021 |
Sep 21, 2021 | $0.090 | Sep 28, 2021 |
Jun 22, 2021 | $0.09672 | Jun 29, 2021 |
News
Is Direxion NASDAQ100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Smart Beta ETF report for QQQE
Should Direxion NASDAQ100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
Style Box ETF report for QQQE
Time Could Be Right for This Equal-Weight ETF
The cap-weighted version of the S&P 500 has its bouts – some recent with elevated concentration. The same goes for the Nasdaq-100 Index (NDX) because that benchmark, as its name implies, is home to a sm...
Equal-Weight Still Holds Merit for Growth Investors
With its hefty allocations to communication services and technology stocks, the Nasdaq-100 Index (NDX) is a favored destination for many growth investors. The cap-weighted version of that index allocate...
10 Nasdaq-100 ETFs and Mutual Funds to Buy
Forget the S&P 500 and even the Dow Jones Industrial Average. The big name in big-name indices – at least in the past few years – is the Nasdaq-100.
Dialing Back Risk While Maintaining Nasdaq-100 Exposure
For good reason, the Nasdaq-100 Index (NDX) is one of the hottest equity benchmarks this year and has been for some time. However, investors looking to reduce some of the risk associated with cap-weight...
Lighten Up On FAANG With This Nifty Nasdaq ETF
The traditional Nasdaq-100, the one most investors follow, is cap-weighted, meaning Apple, Microsoft Corporation MSFT 0.31% and other revered growth names take on out-sized portions of the benchmark.
With This NASDAQ-100 Soaring, Don't Forget This ETF
These days, the NASDAQ-100 Index (NDX) is grabbing plenty of headlines and that adulation is well-deserved.
3 Unique ETF Strategies To Consider Right Now
Plain vanilla, cap-weighted exchange-traded funds dominate the industry landscape, but there are plenty of potent offerings to consider with different and downright unique methodologies.
3 Equal-Weight ETFs Soaring To Record Heights
There's something to the concept of equally weighting stocks in exchange traded funds.
A Different Way To Play Nasdaq Stocks
The Invesco QQQ recently turned 20 years old and today is home to $71.82 billion in assets under management, making it one of the largest U.S.-listed exchange traded funds.