QQQE icon

Direxion NASDAQ-100 Equal Weighted Index Shares

88.89 USD
-0.12
0.13%
At close Mar 21, 4:00 PM EDT
1 day
-0.13%
5 days
0.95%
1 month
-6.81%
3 months
-2.47%
6 months
-0.81%
Year to date
-0.93%
1 year
-0.40%
5 years
116.12%
10 years
165.90%
0
Funds holding %
of 7,390 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

68% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 19

20% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]

6% more capital invested

Capital invested by funds: $753M [Q3] → $795M (+$42.4M) [Q4]

4% more funds holding

Funds holding: 214 [Q3] → 222 (+8) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 78

3.2% less ownership

Funds ownership: 65.8% [Q3] → 62.6% (-3.2%) [Q4]

63% less call options, than puts

Call options by funds: $6.7M | Put options by funds: $18.3M

Research analyst outlook

We haven’t received any recent analyst ratings for QQQE.

Financial journalist opinion

Based on 5 articles about QQQE published over the past 30 days

Neutral
Zacks Investment Research
2 days ago
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) was launched on 03/21/2012, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
Negative
Seeking Alpha
3 days ago
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 equally weights its 100 components, reducing the influence of mega-cap stocks like Apple and Microsoft. Despite historical underperformance, QQQE's lower volatility and less severe drawdowns might make it more attractive during market corrections.
QQQE Equal-Weighted Nasdaq 100: An Unexpected Way To Play Defense
Positive
The Motley Fool
1 week ago
Nasdaq Stock Market Correction: 2 Unique ETFs I'd Buy Right Now
The Nasdaq is officially in correction territory, with the Nasdaq-100 index about 13% below its recent high as of this writing. This has created some interesting opportunities for long-term investors, in terms of both individual stocks and exchange-traded funds (ETFs).
Nasdaq Stock Market Correction: 2 Unique ETFs I'd Buy Right Now
Neutral
Zacks Investment Research
2 weeks ago
4 Reasons to Buy the Dip in Nasdaq ETFs
Wall Street has been in a wavering mode this week due to the tariff fatigue. The Nasdaq has dropped more than 4% week to date, while the Dow and S&P 500 have slid around 2.9% and 3.6%, respectively.
4 Reasons to Buy the Dip in Nasdaq ETFs
Neutral
Zacks Investment Research
2 weeks ago
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Making its debut on 03/21/2012, smart beta exchange traded fund Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) provides investors broad exposure to the Style Box - Large Cap Growth category of the market.
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Neutral
Zacks Investment Research
2 months ago
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is a passively managed exchange traded fund launched on 03/21/2012.
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
Neutral
Zacks Investment Research
2 months ago
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Designed to provide broad exposure to the Style Box - Large Cap Growth category of the market, the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is a smart beta exchange traded fund launched on 03/21/2012.
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Neutral
Zacks Investment Research
3 months ago
6 Keys to a Robust ETF Portfolio
Here are the six keys to building a robust and healthy ETF portfolio that could offer capital appreciation as well as downside protection.
6 Keys to a Robust ETF Portfolio
Negative
Seeking Alpha
3 months ago
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 higher exposure to mid-cap stocks may benefit in a lower rate environment but struggles during market corrections. QQQE's lower exposure to the technology sector limits its long-term growth potential compared to the Nasdaq 100 index.
QQQE: Equal-Weighting Strategy Won't Fully Capture Technological Megatrends
Positive
Zacks Investment Research
3 months ago
3 Reasons the US Equity Bull will Continue
Bullish momentum, expanding breadth, and a dovish Federal Reserve board are three reasons for investors to remain bullish stocks into year-end.
3 Reasons the US Equity Bull will Continue
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