Direxion NASDAQ-100 Equal Weighted Index Shares ETF (QQQE)
Description
The investment seeks to track the performance of the NASDAQ-100 Equal Weighted Index. The QQQE ETF contains 100 constituents. It is focused on growth holdings in the North America region.
Price $60.30 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 5.58% |
| Expense ratio | 0.35% |
| Average spread | 0.083% |
| 1Y roundtrip cost | 0.433% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -9.0% | -3.0% | 2.9% | -10.6% | -0.9% | -7.9% | 10.7% | -4.6% | -9.2% | 0.1% | -31.6% | ||
| 2021 | -0.2% | 1.5% | 1.1% | 3.6% | -0.2% | 5.2% | 1.8% | 2.4% | -4.8% | 5.3% | -1.6% | 2.8% | 17.1% |
| 2020 | 0.1% | -5.2% | -10.6% | 13.0% | 8.8% | 4.2% | 5.3% | 6.0% | -2.8% | -2.2% | 13.9% | 4.9% | 35.5% |
| 2019 | 12.1% | 3.5% | 1.8% | 5.2% | -9.0% | 8.6% | 1.6% | -2.5% | 0.7% | 3.9% | 3.7% | 3.4% | 33.0% |
| 2018 | 7.3% | -2.7% | -2.4% | -0.8% | 2.5% | 1.2% | 3.1% | 2.1% | -0.3% | -8.5% | 3.1% | -8.8% | -4.3% |
| 2017 | 6.2% | 3.6% | 2.0% | 1.5% | 3.4% | -1.2% | 2.9% | -0.1% | 1.3% | 1.2% | 2.3% | 1.0% | 24.0% |
| 2016 | -8.2% | 0.5% | 5.6% | -2.1% | 3.9% | -2.1% | 6.7% | 1.1% | 1.3% | -1.6% | 3.0% | -0.2% | 7.9% |
| 2015 | -3.2% | 7.7% | -1.5% | 0.6% | 2.1% | -2.7% | 2.3% | -6.6% | -3.8% | 9.2% | 0.3% | -1.0% | 3.4% |
| 2014 | -1.4% | 7.0% | -2.8% | -1.9% | 3.6% | 3.7% | -0.4% | 4.6% | -1.2% | 3.1% | 5.0% | -0.8% | 18.5% |
| 2013 | 8.9% | 0.5% | 3.9% | 1.3% | 4.5% | -1.4% | 6.6% | -1.4% | 6.0% | 2.6% | 1.9% | 3.6% | 37.0% |
| 2012 | -1.7% | -8.0% | 2.9% | -1.0% | 3.7% | 2.3% | -4.1% | 2.9% | -0.5% | -3.5% | |||
| 12.6% | 13.5% | -0.0% | 8.0% | 10.8% | 10.5% | 39.4% | 4.7% | -10.6% | 8.9% | 34.5% | 4.5% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.10 | 0.14 | 0.13 | 0.37 | |||||||||
| 2021 | 0.09 | 0.10 | 0.09 | 2.87 | 3.14 | ||||||||
| 2020 | 0.09 | 0.09 | 0.08 | 0.04 | 0.29 | ||||||||
| 2019 | 0.08 | 0.10 | 0.09 | 0.13 | 0.40 | ||||||||
| 2018 | 0.03 | 0.11 | 0.08 | 0.10 | 0.32 | ||||||||
| 2017 | 0.04 | 0.08 | 0.06 | 0.10 | 0.28 | ||||||||
| 2016 | 0.21 | 0.07 | 0.05 | 0.07 | 0.40 | ||||||||
| 2015 | 0.05 | 0.07 | 0.01 | 0.13 | |||||||||
| 2014 | 0.17 | 0.11 | 0.04 | 0.11 | 0.43 | ||||||||
| 2013 | 0.01 | 0.05 | 0.04 | 0.10 | |||||||||
| 2012 | 0.04 | 0.12 | 0.09 | 0.25 | |||||||||
| 0.00 | 0.00 | 0.86 | 0.00 | 0.00 | 0.96 | 0.00 | 0.00 | 0.78 | 0.00 | 0.00 | 3.52 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Tesla Inc | 1.50% |
| Dollar Tree, Inc. | 1.21% |
| Xilinx, Inc. | 1.20% |
| Advanced Micro Devices, Inc. | 1.20% |
| NetEase, Inc. Sponsored ADR | 1.18% |
| NVIDIA Corporation | 1.17% |
| CSX Corporation | 1.15% |
| Seagen, Inc. | 1.13% |
| Netflix, Inc. | 1.12% |
| DexCom, Inc. | 1.11% |
| Paychex, Inc. | 1.11% |
| Marvell Technology, Inc. | 1.10% |
| Automatic Data Processing, Inc. | 1.10% |
| PACCAR Inc | 1.09% |
| Atlassian Corp. Plc Class A | 1.08% |
| Top 15 Weights | 17.45% |
Compare with similar ETFs
| QQQE | IUSG | IWP | JHMT | ONEQ | QQEW | |
|---|---|---|---|---|---|---|
| Product name | Direxion NASDAQ-100 Equal Weighted Index Shares ETF | iShares Core U.S. Growth ETF | iShares Russell Mid-Cap Growth ETF | John Hancock Multifactor Technology ETF | FIDELITY NASDAQ COMPOSITE INDEX ETF | First Trust NASDAQ-100 Equal Weighted Index Fund |
| Issuer | Direxion | iShares | iShares | John Hancock | Fidelity | First Trust |
| Price | $60.3 | $80.98 | $78.98 | $66.4 | $41.62 | $83.66 |
| Expense Ratio | 0.35% |  0.04% | 0.23% |  0.4% | 0.21% | 0.58% |
| Average Spread | 0.083% | 0.049% | 0.051% | 0.211% | 0.096% | 0.072% |
| AUM | $297,879,000 | $9,542,140,000 | $10,910,100,000 | $48,647,100 | $3,237,970,000 | $985,428,000 |
| Shares | 4,939,950 | 117,833,259 | 138,138,131 | 732,637 | 77,798,317 | 11,778,960 |
| Average Daily Volume | 185,410 | 940,988 | 902,383 | 14,839 | 443,113 | 102,320 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2012-03-21 | 2000-07-24 | 2001-07-17 | 2015-09-29 | 2003-09-25 | 2006-04-19 |
| Index Tracked | NASDAQ-100 Equal Weighted Index | S&P 900 Growth Index | Russell Midcap Growth | John Hancock Dimensional Technology Index | NASDAQ Composite Index | NASDAQ-100 Equal Weighted Index |
| Category | Large Cap Growth Equities | Large Cap Growth Equities | All Cap Equities | Technology Equities | Large Cap Growth Equities | Large Cap Growth Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large Caps | Large Caps | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | Large Caps |
| Value or Growth | Growth | Growth | Growth | Growth | Growth | Growth |
| Region | North America | North America | North America | North America | North America | North America |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $3.367 | $0.801 | $0.696 | $0.433 | $0.369 | $0.516 |
| Annual Dividend Yield | 0.056% | 0.010% | 0.009% | 0.007% | 0.009% | 0.006% |
| Number of Holdings | 100 | 469 | 381 | 151 | 969 | 100 |
| YTD Return | -28.92% | -29.49% | -30.97% | -35.25% | -31.27% | -29.08% |
| Beta | 1.13 | 1.02 | 1.12 | 1.28 | 1.07 | 1.08 |
| Upside Beta | 0.14 | 0.29 | 0.34 | 0.73 | 0.28 | 0.18 |
| Downside Beta | -0.27 | 0.10 | 0.15 | -0.01 | 0.05 | -0.12 |
| Volatility 1Y | 28.46% | 28.36% | 31.51% | 33.28% | 29.49% | 28.44% |
| Sharpe Ratio 3Y | 0.46 | 0.59 | 0.16 | 0.56 | 0.61 | 0.44 |
| Treynor Ratio 3Y | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |