Key stats
About Direxion NASDAQ-100 Equal Weighted Index Shares
Expense ratio
0.35%
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Inception date
Mar 21, 2012
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
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.