Key stats
About Direxion NASDAQ-100 Equal Weighted Index Shares
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Inception date
Mar 21, 2012
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stocks99.85%
Technology Services29.44%
Electronic Technology19.22%
Health Technology11.13%
Retail Trade8.16%
Consumer Services7.91%
Consumer Non-Durables6.55%
Utilities4.47%
Producer Manufacturing3.06%
Transportation3.01%
Communications1.24%
Process Industries1.13%
Industrial Services1.09%
Distribution Services1.04%
Energy Minerals0.99%
Commercial Services0.81%
Consumer Durables0.60%
Bonds, Cash & Other0.15%
Cash0.15%
Stock breakdown by region
North America91.06%
Europe7.72%
Latin America1.22%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history