Direxion NASDAQ-100 Equal Weighted Index ETF

Frequently Asked Questions About QQQE

What does QQQE invest in?

The Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) aims to replicate the investment returns of the NASDAQ-100 Equal Weighted Index, excluding the impact of its own fees and operational costs. It's important to note, however, that there is no assurance the fund will consistently achieve this target performance.

What is the expense ratio of QQQE?

Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QQQE?

Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) manages $1.35B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QQQE actively managed or an index fund?

QQQE is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QQQE's is 0.35%) because there's no security selection cost.

When was QQQE launched?

Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) launched in March 2012 and is managed by Direxion.

How has QQQE performed?

QQQE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.