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Non-Leveraged ETFs

Direxion NASDAQ-100 Equal Weighted Index Shares

The Direxion NASDAQ-100 Equal Weighted Index Shares seeks investment results, before fees and expenses, that track the NASDAQ-100 Equal Weighted Index. There is no guarantee the fund will achieve its stated investment objective.

QQQE

NAV (Net Asset Value)$87.67As of Mar 18, 2024
1 Day NAV change$+0.58(+0.67%)As of Mar 18, 2024
Intra-day Value
QQQE.IV
Daily NAV
$87.67
Daily Market Price
$87.73
Expense Ratio
(gross/net %)
0.35 / 0.35*
Daily Volume
152,580
Security Identifier
25459Y207
Inception Date
Mar 21, 2012

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Set Up Your ETF Alerts Today
  • 02/01/2024
    Nasdaq-100 Equal Weighted Index: Another Tactical Opportunity at Hand?
    Download PDF Report

Documents & Downloads

Benefits & Strategy

Index Construction

  • Compared to market cap weighting, equal weighting may allow for greater performance contribution from companies with smaller market-capitalization1.
  • Broader diversification across market segments may help reduce concentration risk and result in more balanced exposure across constituents and sectors.
  • Quarterly rebalancing maintains consistency of equal weightings after regular market fluctuations.

1Market Capitalization is the total dollar market value of all of a company’s outstanding shares, and is calculated by multiplying a company’s shares outstanding by the current market price of one share.

Pricing & Performance

NAV and Market Price information as of 03/18/2024.

QQQE Direxion NASDAQ-100 Equal Weighted Index Shares
Net Asset Value (NAV)
$87.67Nav
$+0.58Change
+0.67%Change
Market Price Closing
$87.73Market
$+0.62Change
+0.71%Change
Premium / Discount
$+0.06Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
QQQE NAV
3.85
12.33
4.50
29.03
7.16
15.07
13.29
14.54
0.35 / 0.35*
03/21/2012
QQQE Market Close
3.68
12.17
4.31
28.81
7.07
15.04
13.29
14.53
0.35 / 0.35*
03/21/2012

As of February 29, 2024

The Primary Listing Exchange is the NASDAQ.

*The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Services Agreement with the Fund. Under this Operating Services Agreement, Rafferty has contractually agreed to pay all expenses of the Fund as long as it is the advisor of the Fund other than the following: management fees, Rule 12b-1 distribution and/or service fees, taxes, swap financing and related costs, dividends or interest on short positions, other interest expenses, brokerage commissions, expenses incurred in connection with any merger or reorganization, acquired fund fees and expenses, and extraordinary expenses. If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds website at direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Index Information

The NASDAQ-100® Equal Weighted Index (NETR) includes 100 of the largest non-financial securities listed on NASDAQ®, but instead of being weighted by market capitalization, each of the constituents is initially set at 1.00%. The index is reviewed and adjusted annually in December, but replacements may be made any time throughout the year. The index is rebalanced quarterly in March, June, September and December. One cannot invest directly in an index.

Below is a comparison of the sectors of the NASDAQ-100 Equal Weighted Index (NETR) to the NASDAQ-100 (XNDX)2. All holdings and sector weightings are as of 09/30/2023 .

Sector Weightings %

NETR XNDX2 Difference
Information Technology 37.86 49.61 -11.75
Communication Services 10.91 15.06 -4.15
Consumer Discretionary 11.80 14.38 -2.58
Financials 0.99 0.53 0.46
Real Estate 0.98 0.28 0.70
Energy 2.00 0.49 1.51
Consumer Staples 9.19 6.84 2.35
Utilities 3.93 1.19 2.74
Industrials 10.00 4.94 5.06
Health Care 12.34 6.67 5.67

Top 10 Holdings %

NETR XNDX
Apple 1.00 9.22
Microsoft 1.00 8.61
Amazon.com 1.00 4.83
Broadcom Limited 1.00 4.15
Meta Platforms Class A 1.00 3.85
Nvidia 1.00 3.77
Tesla 1.00 3.68
Alphabet Inc 1.00 5.03
Costco Wholesale 1.00 2.32
Adobe Inc 1.00 2.16

Bottom 10 Holdings %

NETR XNDX
Coca-Cola 1.00 0.24
CDW 1.00 0.24
MongoDB Inc 1.00 0.23
Diamondback Energy 1.00 0.22
Warner Bros. Discovery 1.00 0.22
Take Two 1.00 0.22
Splunk 1.00 0.20
Walgreens Boots Alliance Inc 1.00 0.18
Illumina 1.00 0.18
Sirius XM Holdings Inc 1.00 0.17

Source: SOLA. All holdings weightings are as of 12/31/2023 and are subject to change.

Index Calendar Year Returns % – Comparing the NASDAQ-100® Equal Weighted Index (NETR) to the NASDAQ-100® (XNDX)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
NETR 15.45 40.99 19.84 2.89 7.65 26.78 -4.61 36.65 38.19 18.45 -24.31 34.01
XNDX 18.35 36.92 19.40 9.75 7.27 32.99 0.04 39.46 48.88 27.51 -32.38 55.13

Index data as of 12/31/2023. Top holdings are subject to change. The Nasdaq 100 Index is composed of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. This index includes companies from a broad range of industries with the exception of those that operate in the financial industry, such as banks and investment companies.

2The Nasdaq 100 Index (XNDX) is composed of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. This index includes companies from a broad range of industries with the exception of those that operate in the financial industry, such as banks and investment companies.

 

Index Top Ten Holdings

% of Total
Ansys
1.21%
Moderna Inc
1.14%
Illumina
1.08%
Intel
1.07%
Dollar Tree
1.07%
Cintas
1.06%
Advanced Micro Devices
1.04%
Meta Platforms Class A
1.04%
Micron Technology
1.03%
Monster Beverage
1.03%

Index Sector Weightings

% of Total
Information Technology
37.86%
Health Care
12.34%
Consumer Discretionary
11.80%
Communication Services
10.91%
Industrials
10.00%
Consumer Staples
9.19%
Utilities
3.93%
Energy
2.00%
Financials
0.99%
Real Estate
0.98%
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

Distributions

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.24573
09/20/202309/19/202309/26/20230.16518
06/22/202306/21/202306/28/20230.15895
03/22/202303/21/202303/28/20230.10239
12/21/202212/20/202212/28/20220.25014
09/21/202209/20/202209/27/20220.12895
06/23/202206/22/202206/29/20220.13982
03/23/202203/22/202203/29/20220.10345
12/22/202112/21/202112/29/20210.12751
12/10/202112/09/202112/16/20210.000002.649380.21793
09/22/202109/21/202109/28/20210.09012
06/23/202106/22/202106/29/20210.09672
03/24/202103/23/202103/30/20210.08736
12/23/202012/22/202012/30/20200.11319
12/11/202012/10/202012/17/20200.000000.03496
09/23/202009/22/202009/29/20200.08214
06/24/202006/23/202006/30/20200.08904
03/25/202003/24/202003/31/20200.08627
12/24/201912/23/201912/31/20190.12949
09/25/201909/24/201910/01/20190.09303
06/26/201906/25/201907/02/20190.10367
03/20/201903/19/201903/26/20190.07795
12/28/201812/27/201801/04/20190.10548
09/26/201809/25/201810/02/20180.07617
06/20/201806/19/201806/26/20180.10900
03/21/201803/20/201803/27/20180.03408
12/20/201712/19/201712/27/20170.09461
09/20/201709/19/201709/26/20170.05979
06/22/201706/20/201706/27/20170.08289
03/23/201703/21/201703/28/20170.08439
12/22/201612/20/201612/28/20160.14378
09/22/201609/20/201609/27/20160.09888
06/23/201606/21/201606/28/20160.14623
03/24/201603/22/201603/30/20160.41243
12/24/201512/22/201512/30/20150.02405
09/24/201509/22/201509/29/20150.11740
06/25/201506/23/201506/30/20150.13321
03/26/201503/24/201503/31/20150.09525
12/26/201412/23/201412/31/20140.22351
09/25/201409/23/201409/30/20140.08727
06/26/201406/24/201407/01/20140.22653
03/27/201403/25/201404/01/20140.33101
09/19/201309/17/201309/24/20130.07965
06/20/201306/18/201306/25/20130.09619
03/21/201303/19/201303/26/20130.02920
12/20/201212/18/201212/26/20120.17640
09/21/201209/19/201209/26/20120.23490
06/22/201206/20/201206/27/20120.08312
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.24573
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.16518
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.15895
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.10239
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.25014
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/21/2022
Ex Date09/20/2022
Pay Date09/27/2022
Income Dividend0.12895
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2022
Ex Date06/22/2022
Pay Date06/29/2022
Income Dividend0.13982
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/23/2022
Ex Date03/22/2022
Pay Date03/29/2022
Income Dividend0.10345
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2021
Ex Date12/21/2021
Pay Date12/29/2021
Income Dividend0.12751
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/10/2021
Ex Date12/09/2021
Pay Date12/16/2021
Income Dividend0.00000
Short-Term Capital Gain2.64938
Long-Term Capital Gain0.21793
Record Date09/22/2021
Ex Date09/21/2021
Pay Date09/28/2021
Income Dividend0.09012
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2021
Ex Date06/22/2021
Pay Date06/29/2021
Income Dividend0.09672
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/24/2021
Ex Date03/23/2021
Pay Date03/30/2021
Income Dividend0.08736
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/23/2020
Ex Date12/22/2020
Pay Date12/30/2020
Income Dividend0.11319
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/11/2020
Ex Date12/10/2020
Pay Date12/17/2020
Income Dividend0.00000
Short-Term Capital Gain0.03496
Long-Term Capital Gain
Record Date09/23/2020
Ex Date09/22/2020
Pay Date09/29/2020
Income Dividend0.08214
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/24/2020
Ex Date06/23/2020
Pay Date06/30/2020
Income Dividend0.08904
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/25/2020
Ex Date03/24/2020
Pay Date03/31/2020
Income Dividend0.08627
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/24/2019
Ex Date12/23/2019
Pay Date12/31/2019
Income Dividend0.12949
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/25/2019
Ex Date09/24/2019
Pay Date10/01/2019
Income Dividend0.09303
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/26/2019
Ex Date06/25/2019
Pay Date07/02/2019
Income Dividend0.10367
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2019
Ex Date03/19/2019
Pay Date03/26/2019
Income Dividend0.07795
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/28/2018
Ex Date12/27/2018
Pay Date01/04/2019
Income Dividend0.10548
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/26/2018
Ex Date09/25/2018
Pay Date10/02/2018
Income Dividend0.07617
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/20/2018
Ex Date06/19/2018
Pay Date06/26/2018
Income Dividend0.10900
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/21/2018
Ex Date03/20/2018
Pay Date03/27/2018
Income Dividend0.03408
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/20/2017
Ex Date12/19/2017
Pay Date12/27/2017
Income Dividend0.09461
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2017
Ex Date09/19/2017
Pay Date09/26/2017
Income Dividend0.05979
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2017
Ex Date06/20/2017
Pay Date06/27/2017
Income Dividend0.08289
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/23/2017
Ex Date03/21/2017
Pay Date03/28/2017
Income Dividend0.08439
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2016
Ex Date12/20/2016
Pay Date12/28/2016
Income Dividend0.14378
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/22/2016
Ex Date09/20/2016
Pay Date09/27/2016
Income Dividend0.09888
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2016
Ex Date06/21/2016
Pay Date06/28/2016
Income Dividend0.14623
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/24/2016
Ex Date03/22/2016
Pay Date03/30/2016
Income Dividend0.41243
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/24/2015
Ex Date12/22/2015
Pay Date12/30/2015
Income Dividend0.02405
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/24/2015
Ex Date09/22/2015
Pay Date09/29/2015
Income Dividend0.11740
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/25/2015
Ex Date06/23/2015
Pay Date06/30/2015
Income Dividend0.13321
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/26/2015
Ex Date03/24/2015
Pay Date03/31/2015
Income Dividend0.09525
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/26/2014
Ex Date12/23/2014
Pay Date12/31/2014
Income Dividend0.22351
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/25/2014
Ex Date09/23/2014
Pay Date09/30/2014
Income Dividend0.08727
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/26/2014
Ex Date06/24/2014
Pay Date07/01/2014
Income Dividend0.22653
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/27/2014
Ex Date03/25/2014
Pay Date04/01/2014
Income Dividend0.33101
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/19/2013
Ex Date09/17/2013
Pay Date09/24/2013
Income Dividend0.07965
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/20/2013
Ex Date06/18/2013
Pay Date06/25/2013
Income Dividend0.09619
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/21/2013
Ex Date03/19/2013
Pay Date03/26/2013
Income Dividend0.02920
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/20/2012
Ex Date12/18/2012
Pay Date12/26/2012
Income Dividend0.17640
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/21/2012
Ex Date09/19/2012
Pay Date09/26/2012
Income Dividend0.23490
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2012
Ex Date06/20/2012
Pay Date06/27/2012
Income Dividend0.08312
Short-Term Capital Gain
Long-Term Capital Gain

Documents

Tax Documents

Download the following Tax Reporting Documents

UK Income Reporting

2023 | 2022

How to Buy

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

Documents & Downloads

How to Buy

While you can't purchase our funds from our website, investors still have multiple options for buying Direxion ETFs
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