Key stats
About Direxion NASDAQ-100 Equal Weighted Index Shares
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Inception date
Mar 21, 2012
Structure
Open-Ended Fund
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
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
Stocks99.95%
Technology Services32.38%
Electronic Technology17.97%
Health Technology9.70%
Consumer Services7.85%
Retail Trade7.30%
Consumer Non-Durables6.87%
Utilities4.18%
Transportation2.98%
Producer Manufacturing2.90%
Distribution Services2.10%
Consumer Durables1.14%
Process Industries0.98%
Communications0.96%
Commercial Services0.95%
Energy Minerals0.86%
Industrial Services0.83%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
North America92.15%
Europe6.77%
Latin America1.08%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history