Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
| Assets | $1.22B |
| Expense Ratio | 0.35% |
| PE Ratio | 27.17 |
| Shares Out | 12.45M |
| Dividend (ttm) | $0.60 |
| Dividend Yield | 0.61% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 16.69% |
| Volume | 51,605 |
| Open | 98.22 |
| Previous Close | 98.35 |
| Day's Range | 97.96 - 98.71 |
| 52-Week Low | 75.07 |
| 52-Week High | 98.71 |
| Beta | 1.06 |
| Holdings | 103 |
| Inception Date | Mar 21, 2012 |
About QQQE
Fund Home PageThe Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQQE was launched on Mar 21, 2012 and is issued by Direxion.
Top 10 Holdings
10.57% of assets| Name | Symbol | Weight |
|---|---|---|
| DoorDash, Inc. | DASH | 1.08% |
| Arm Holdings plc | ARM | 1.07% |
| Advanced Micro Devices, Inc. | AMD | 1.06% |
| Broadcom Inc. | AVGO | 1.06% |
| NVIDIA Corporation | NVDA | 1.06% |
| MicroStrategy Incorporated | MSTR | 1.05% |
| Booking Holdings Inc. | BKNG | 1.05% |
| DexCom, Inc. | DXCM | 1.05% |
| Synopsys, Inc. | SNPS | 1.05% |
| Warner Bros. Discovery, Inc. | WBD | 1.05% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.14219 | Jul 1, 2025 |
| Mar 25, 2025 | $0.06144 | Apr 1, 2025 |
| Dec 23, 2024 | $0.24019 | Dec 31, 2024 |
| Sep 24, 2024 | $0.16024 | Oct 1, 2024 |
| Jun 25, 2024 | $0.17959 | Jul 2, 2024 |
| Mar 19, 2024 | $0.19073 | Mar 26, 2024 |
Performance
QQQE had a total return of 12.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.04%.
News
QQQE: 3 Reasons Why I Would Avoid This ETF
Direxion NASDAQ-100® Equal Weighted Index Shares ETF tracks the Nasdaq-100 Equal Weight Index, offering exposure to all Nasdaq-100 stocks with equal weights. QQQE has a higher expense ratio compared t...
QQQE Equal-Weighted Nasdaq 100: An Unexpected Way To Play Defense
The Direxion NASDAQ-100 Equal Weighted Index Shares offers better diversification and continued tech exposure, making it a slightly more defensive play amid market uncertainty. Unlike the QQQ, QQQE eq...
QQQE: Equal-Weighting Strategy Won't Fully Capture Technological Megatrends
Direxion NASDAQ-100® Equal Weighted Index Shares ETF's equal-weighting strategy reduces concentration risk but incurs higher expenses and comparable downside risk to the Nasdaq 100 index. The fund's h...
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Inve...
QQQE: Any Q2 Outperformance Unlikely To Be Sustained
The Direxion Nasdaq-100 Equal Weighted Index Shares ETF offers a diversified approach to investing in the Nasdaq 100.
QQQE: Tech Exposure Without Overweighting The Magnificent Seven
Tech and growth stocks have outperformed since the financial crisis, but their valuations have spiked, causing concern for some investors. QQQE offers diversified equity exposure while tilting tech an...
Using QQQE To Add Equal Weight To Your QQQ Portfolio
Most of the rally in the Invesco QQQ Trust ETF has been driven by seven big tech stocks, including Apple, Microsoft, Alphabet, Nvidia, Amazon, Meta Platforms, and Tesla. The concentration of these sto...
QQQE: Worst New Bull Market Ever
Direxion NASDAQ-100® Equal Weighted Index Shares ETF offers an equal-weighted approach to investing in NASDAQ, providing broader diversification and balanced exposure across market segments. The QQQE ...
QQQE: Equal Weighted Nasdaq Is An Equally Large Bubble
The equal weighted Nasdaq 100 has underperformed the capitalisation weighted index over recent years, but this has reflected the former's weak fundamental performance. With a PE ratio of 54x, the medi...
QQQE And XLE: Balanced ETF Strategy For The Next Phase Of This Bull Market
I suggest a trade strategy using the equal-weighted Nasdaq ETF and Energy ETF, which complement each other's weaknesses and could lead to outperformance over the next three months. The strategy is con...
QQQ: FAANG Dominance Is Hurting Equal-Weighted ETFs Like QQQE
It's tough out there for an equal-weighted ETF. For many reasons, capitalization-weighted indexes continue to dominate the performance tables. This is particularly relevant for any ETF that is in dire...
QQQE: It's Time To Equal-Weight The Nasdaq-100
QQQE is the equal-weighted version of QQQ, the most popular ETF tracking the growth-heavy Nasdaq-100 Index. QQQE's expense ratio is 0.35% and the ETF has $507 million in assets. QQQE's growth potentia...
QQQE: Equal-Weighted Nasdaq-100 ETF, Diversified Holdings, Strong Performance Track Record
Most Nasdaq-100 ETFs are significantly overweight mega-cap tech stocks. QQQE is an equal-weighted Nasdaq-100 ETF and provides investors with a more balanced, diversified exposure to the said index.
QQQE And QQEW: 2 Equal-Weight Funds For Nasdaq 100 Investors
QQQE is the Direxion NASDAQ-100 Equal Weighted Index Shares ETF launched by Direxion Investments. The fund is managed by Rafferty Asset Management. QQEW is the First Trust NASDAQ-100 Equal Weighted In...
The Year Of The Dow: Why 2021 Will Finally See DIA Outperform (Podcast Transcript)
In the decade-plus since the post-global financial crisis bull market rally began, the DJIA has been crushed by top U.S. index benchmark peers the S&P 500 and Nasdaq 100. The fact the Dow is "price we...
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.
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...
QQQE: A Safer Way To Stay Long The Nasdaq
QQQE: A Safer Way To Stay Long The Nasdaq
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.