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
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
Stocks99.91%
Technology Services31.47%
Electronic Technology19.50%
Health Technology10.11%
Retail Trade7.84%
Consumer Services7.67%
Consumer Non-Durables5.60%
Utilities4.39%
Producer Manufacturing3.27%
Transportation3.00%
Energy Minerals1.10%
Industrial Services1.09%
Process Industries1.00%
Commercial Services0.99%
Distribution Services0.97%
Communications0.95%
Consumer Durables0.95%
Bonds, Cash & Other0.09%
Cash0.09%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history