Key stats
About Direxion NASDAQ-100 Equal Weighted Index Shares
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Inception date
Mar 21, 2012
Structure
Open-Ended Fund
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
Stocks99.94%
Technology Services32.69%
Electronic Technology19.28%
Health Technology9.25%
Consumer Services7.88%
Retail Trade7.33%
Consumer Non-Durables6.76%
Utilities4.21%
Producer Manufacturing2.91%
Transportation2.85%
Consumer Durables1.18%
Distribution Services1.04%
Commercial Services0.99%
Process Industries0.97%
Communications0.94%
Energy Minerals0.86%
Industrial Services0.81%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America92.22%
Europe6.63%
Latin America1.15%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history