QQQE
QQQE
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares | Large Cap Growth Equities | 100% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in QQQE, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Mar 21, 2012, corresponding to the inception date of QQQE
Returns By Period
As of Nov 13, 2024, the QQQE returned 11.38% Year-To-Date and 12.95% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.48% | 2.14% | 12.76% | 33.14% | 13.96% | 11.39% |
| QQQE | 11.46% | 1.31% | 6.39% | 22.38% | 13.94% | 12.96% |
| Portfolio components: | ||||||
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares | 11.46% | 1.31% | 6.39% | 22.38% | 13.94% | 12.96% |
Monthly Returns
The table below presents the monthly returns of QQQE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.61% | 3.68% | 1.25% | -5.43% | 2.83% | 2.50% | -0.16% | 1.12% | 0.86% | -1.32% | 11.46% | ||
| 2023 | 9.46% | -1.04% | 5.09% | -2.29% | 3.17% | 5.47% | 4.91% | -3.16% | -4.19% | -4.68% | 10.76% | 7.54% | 33.76% |
| 2022 | -9.00% | -3.01% | 2.88% | -10.60% | -0.94% | -7.88% | 10.66% | -4.55% | -9.22% | 6.16% | 7.11% | -6.47% | -24.47% |
| 2021 | -0.22% | 1.54% | 1.11% | 3.61% | -0.15% | 5.16% | 1.84% | 2.43% | -4.84% | 5.33% | -1.60% | 2.83% | 17.92% |
| 2020 | 0.13% | -5.18% | -10.62% | 13.04% | 8.85% | 4.19% | 5.28% | 5.99% | -2.76% | -2.25% | 13.90% | 4.90% | 37.85% |
| 2019 | 12.08% | 3.53% | 1.81% | 5.23% | -9.02% | 8.57% | 1.59% | -2.52% | 0.74% | 3.89% | 3.66% | 3.42% | 36.43% |
| 2018 | 7.29% | -2.68% | -2.39% | -0.83% | 2.46% | 1.24% | 3.15% | 2.08% | -0.34% | -8.54% | 3.05% | -8.78% | -5.40% |
| 2017 | 6.16% | 3.56% | 1.95% | 1.52% | 3.34% | -1.18% | 2.90% | -0.08% | 1.29% | 1.17% | 2.35% | 0.96% | 26.53% |
| 2016 | -8.21% | 0.51% | 5.63% | -2.13% | 3.93% | -2.13% | 6.66% | 1.08% | 1.28% | -1.62% | 3.05% | -0.18% | 7.19% |
| 2015 | -3.19% | 7.70% | -1.52% | 0.55% | 2.15% | -2.69% | 2.27% | -6.61% | -3.43% | 9.17% | 0.34% | -0.95% | 2.72% |
| 2014 | -1.42% | 6.99% | -2.76% | -1.87% | 3.62% | 3.65% | -0.43% | 4.60% | -1.21% | 3.12% | 5.02% | -0.84% | 19.43% |
| 2013 | 8.93% | 0.53% | 3.87% | 1.25% | 4.47% | -1.38% | 6.59% | -1.44% | 6.04% | 2.60% | 1.91% | 3.62% | 43.24% |
Expense Ratio
QQQE features an expense ratio of 0.35%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QQQE is 18, indicating that it is in the bottom 18% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares | 1.77 | 2.45 | 1.31 | 2.47 | 8.69 |
Dividends
Dividend yield
QQQE provided a 0.83% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.83% | 0.79% | 0.97% | 3.83% | 0.54% | 0.74% | 0.80% | 0.65% | 1.17% | 0.75% | 1.36% | 0.38% |
| Portfolio components: | ||||||||||||
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares | 0.83% | 0.79% | 0.97% | 3.83% | 0.54% | 0.74% | 0.80% | 0.65% | 1.17% | 0.75% | 1.36% | 0.38% |
Monthly Dividends
The table below shows the monthly dividends paid by this portfolio.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.53 | |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.25 | $0.67 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.25 | $0.62 |
| 2021 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $3.00 | $3.27 |
| 2020 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.15 | $0.41 |
| 2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.40 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.32 |
| 2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.40 |
| 2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.01 | $0.24 |
| 2014 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.43 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the QQQE. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the QQQE was 32.14%, occurring on Oct 14, 2022. Recovery took 316 trading sessions.
The current QQQE drawdown is 0.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.14% | Nov 17, 2021 | 229 | Oct 14, 2022 | 316 | Jan 19, 2024 | 545 |
| -30.9% | Feb 20, 2020 | 22 | Mar 20, 2020 | 53 | Jun 5, 2020 | 75 |
| -20.05% | Aug 30, 2018 | 80 | Dec 24, 2018 | 57 | Mar 19, 2019 | 137 |
| -18.61% | Jun 23, 2015 | 159 | Feb 8, 2016 | 119 | Jul 28, 2016 | 278 |
| -13.46% | Mar 27, 2012 | 46 | Jun 1, 2012 | 99 | Jan 11, 2013 | 145 |
Volatility
Volatility Chart
The current QQQE volatility is 4.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.