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Direxion NASDAQ-100 Equal Weighted Index SharesDirexion NASDAQ-100 Equal Weighted Index SharesDirexion NASDAQ-100 Equal Weighted Index Shares

Direxion NASDAQ-100 Equal Weighted Index Shares

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Overview
Chart Analysis Holdings News Ideas Discussions Seasonals

QQQE chart



Key stats


Assets under management (AUM)
‪1.20 B‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
0.61%
Discount/Premium to NAV
—
Shares outstanding
‪12.25 M‬
Expense ratio
0.35%

About Direxion NASDAQ-100 Equal Weighted Index Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
direxioninvestments.com
Inception date
Mar 21, 2012
Structure
Open-Ended Fund
Index tracked
NASDAQ-100 Equally Weighted Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US25459Y2072
QQQE applies an equal-weighting scheme to NASDAQ 100, an index that comprises 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalization. The fund invests in companies across various non-financial sectors and rebalances quarterly to provide same exposure to all index constituents without any industry and market cap biases. Overall, QQQE is for investors wanting a less concentrated version of the growth-oriented, high beta NASDAQ 100.

Broaden your horizons with more funds linked to QQQE via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Exchange-specific
Geography
U.S.
Weighting scheme
Equal
Selection criteria
NASDAQ - listed

QQQE analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Health Technology
Stock breakdown by region
0.9%91%7%
Top 10 holdings

QQQE news



Ideas



See all ideas 

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QQQE assets under management is ‪1.20 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QQQE invests in stocks. See more details in our Analysis section.
QQQE expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QQQE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, QQQE pays dividends to its holders with the dividend yield of 0.61%.
QQQE shares are issued by Rafferty Asset Management LLC
QQQE follows the NASDAQ-100 Equally Weighted Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 21, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.