Key stats
About Direxion NASDAQ-100 Equal Weighted Index Shares
Home page
Inception date
Mar 21, 2012
Structure
Open-Ended Fund
Replication method
Physical
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
Stocks99.90%
Technology Services31.85%
Electronic Technology20.30%
Health Technology9.23%
Consumer Services7.82%
Retail Trade6.83%
Consumer Non-Durables6.56%
Utilities3.97%
Transportation2.97%
Producer Manufacturing2.95%
Commercial Services1.85%
Consumer Durables1.07%
Distribution Services1.04%
Process Industries0.96%
Communications0.90%
Energy Minerals0.81%
Industrial Services0.79%
Bonds, Cash & Other0.10%
Cash0.10%
Stock breakdown by region
North America92.26%
Europe6.58%
Latin America1.15%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QQQE invests in stocks. The fund's major sectors are Technology Services, with 31.85% stocks, and Electronic Technology, with 20.30% of the basket. The assets are mostly located in the North America region.
QQQE top holdings are Zscaler, Inc. and Axon Enterprise Inc, occupying 1.37% and 1.32% of the portfolio correspondingly.
QQQE last dividends amounted to 0.06 USD. The quarter before, the issuer paid 0.24 USD in dividends, which shows a 290.93% decrease.
QQQE assets under management is 1.19 B USD. It's risen 6.20% over the last month.
QQQE fund flows account for −118.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QQQE pays dividends to its holders with the dividend yield of 0.68%. The last dividend (Apr 1, 2025) amounted to 0.06 USD. The dividends are paid quarterly.
QQQE shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Mar 21, 2012, and its management style is Passive.
QQQE expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
QQQE follows the NASDAQ-100 Equally Weighted Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QQQE invests in stocks.
QQQE price has risen by 8.05% over the last month, and its yearly performance shows a 8.84% increase. See more dynamics on QQQE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.19% over the last month, showed a 5.78% increase in three-month performance and has increased by 9.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.19% over the last month, showed a 5.78% increase in three-month performance and has increased by 9.65% in a year.
QQQE trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.