QQQE icon

Direxion NASDAQ-100 Equal Weighted Index Shares

91.15 USD
+0.93
1.03%
At close Dec 20, 4:00 PM EST
After hours
90.72
-0.43
0.47%
1 day
1.03%
5 days
-3.53%
1 month
-0.85%
3 months
1.87%
6 months
2.39%
Year to date
9.11%
1 year
9.81%
5 years
65.16%
10 years
182.90%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

71% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 17

6% more funds holding

Funds holding: 200 [Q2] → 212 (+12) [Q3]

3.97% more ownership

Funds ownership: 61.79% [Q2] → 65.76% (+3.97%) [Q3]

1% less capital invested

Capital invested by funds: $763M [Q2] → $752M (-$10.6M) [Q3]

24% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 79

38% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 5 (-3) [Q3]

89% less call options, than puts

Call options by funds: $1.92M | Put options by funds: $18.2M

Research analyst outlook

We haven’t received any recent analyst ratings for QQQE.

Financial journalist opinion

Based on 3 articles about QQQE published over the past 30 days

Neutral
Zacks Investment Research
2 days ago
6 Keys to a Robust ETF Portfolio
Here are the six keys to building a robust and healthy ETF portfolio that could offer capital appreciation as well as downside protection.
6 Keys to a Robust ETF Portfolio
Negative
Seeking Alpha
1 week ago
QQQE: Equal-Weighting Strategy Won't Fully Capture Technological Megatrends
Direxion NASDAQ-100® Equal Weighted Index Shares ETF's equal-weighting strategy reduces concentration risk but incurs higher expenses and comparable downside risk to the Nasdaq 100 index. The fund's higher exposure to mid-cap stocks may benefit in a lower rate environment but struggles during market corrections. QQQE's lower exposure to the technology sector limits its long-term growth potential compared to the Nasdaq 100 index.
QQQE: Equal-Weighting Strategy Won't Fully Capture Technological Megatrends
Positive
Zacks Investment Research
2 weeks ago
3 Reasons the US Equity Bull will Continue
Bullish momentum, expanding breadth, and a dovish Federal Reserve board are three reasons for investors to remain bullish stocks into year-end.
3 Reasons the US Equity Bull will Continue
Neutral
Zacks Investment Research
1 month ago
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE), a passively managed exchange traded fund launched on 03/21/2012.
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
Neutral
Zacks Investment Research
1 month ago
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
A smart beta exchange traded fund, the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) debuted on 03/21/2012, and offers broad exposure to the Style Box - Large Cap Growth category of the market.
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Neutral
Seeking Alpha
3 months ago
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has shown volatility but is stabilizing; patience is advised by The Sunday Investor as its high-quality selections might perform well. The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers a 4.07% yield but lacks complexity according to MacroGirl; consider alternatives like PEY.
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
Neutral
Zacks Investment Research
3 months ago
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE), a passively managed exchange traded fund launched on 03/21/2012.
Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?
Negative
ETF Trends
3 months ago
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Neutral
Zacks Investment Research
3 months ago
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) made its debut on 03/21/2012, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.
Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?
Positive
ETF Trends
4 months ago
Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
Charts implemented using Lightweight Charts™