PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Direxion NASDAQ-100 Equal Weighted Index Shares (Q...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25459Y2072

CUSIP

25459Y207

Issuer

Direxion

Inception Date

Mar 21, 2012

Region

North America (U.S.)

Leveraged

1x

Index Tracked

NASDAQ-100 Equal Weighted Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
QQQE vs. QQQ QQQE vs. QQQM QQQE vs. QQEW QQQE vs. SPXU QQQE vs. SPY QQQE vs. XLK QQQE vs. SPYG QQQE vs. VOO QQQE vs. TQQQ QQQE vs. SPYD
Popular comparisons:
QQQE vs. QQQ QQQE vs. QQQM QQQE vs. QQEW QQQE vs. SPXU QQQE vs. SPY QQQE vs. XLK QQQE vs. SPYG QQQE vs. VOO QQQE vs. TQQQ QQQE vs. SPYD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion NASDAQ-100 Equal Weighted Index Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.79%
11.50%
QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (^GSPC)

Returns By Period

Direxion NASDAQ-100 Equal Weighted Index Shares had a return of 9.27% year-to-date (YTD) and 18.86% in the last 12 months. Over the past 10 years, Direxion NASDAQ-100 Equal Weighted Index Shares had an annualized return of 12.59%, outperforming the S&P 500 benchmark which had an annualized return of 11.13%.


QQQE

YTD

9.27%

1M

0.93%

6M

3.79%

1Y

18.86%

5Y (annualized)

13.58%

10Y (annualized)

12.59%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.61%3.68%1.25%-5.43%2.83%2.50%-0.16%1.12%0.86%-1.32%9.27%
20239.46%-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%
20200.13%-5.18%-10.62%13.04%8.85%4.19%5.28%5.99%-2.76%-2.25%13.90%4.90%37.85%
201912.08%3.53%1.81%5.23%-9.02%8.57%1.59%-2.52%0.74%3.89%3.66%3.42%36.43%
20187.29%-2.68%-2.39%-0.83%2.46%1.24%3.15%2.08%-0.34%-8.54%3.05%-8.78%-5.40%
20176.16%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%
20138.93%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.


Expense ratio chart for QQQE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of QQQE is 46, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of QQQE is 4646
Combined Rank
The Sharpe Ratio Rank of QQQE is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQE is 4141
Sortino Ratio Rank
The Omega Ratio Rank of QQQE is 4141
Omega Ratio Rank
The Calmar Ratio Rank of QQQE is 5858
Calmar Ratio Rank
The Martin Ratio Rank of QQQE is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for QQQE, currently valued at 1.25, compared to the broader market0.002.004.001.252.46
The chart of Sortino ratio for QQQE, currently valued at 1.75, compared to the broader market-2.000.002.004.006.008.0010.0012.001.753.31
The chart of Omega ratio for QQQE, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.46
The chart of Calmar ratio for QQQE, currently valued at 1.73, compared to the broader market0.005.0010.0015.001.733.55
The chart of Martin ratio for QQQE, currently valued at 6.04, compared to the broader market0.0020.0040.0060.0080.00100.006.0415.76
QQQE
^GSPC

The current Direxion NASDAQ-100 Equal Weighted Index Shares Sharpe ratio is 1.25. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion NASDAQ-100 Equal Weighted Index Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.25
2.46
QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion NASDAQ-100 Equal Weighted Index Shares provided a 0.85% dividend yield over the last twelve months, with an annual payout of $0.78 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.78$0.67$0.62$3.27$0.41$0.40$0.32$0.28$0.40$0.24$0.43$0.10

Dividend yield

0.85%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 displays the monthly dividend distributions for Direxion NASDAQ-100 Equal Weighted Index Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.39%
-1.40%
QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion NASDAQ-100 Equal Weighted Index Shares. 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 Direxion NASDAQ-100 Equal Weighted Index Shares was 32.14%, occurring on Oct 14, 2022. Recovery took 316 trading sessions.

The current Direxion NASDAQ-100 Equal Weighted Index Shares drawdown is 2.39%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.14%Nov 17, 2021229Oct 14, 2022316Jan 19, 2024545
-30.9%Feb 20, 202022Mar 20, 202053Jun 5, 202075
-20.05%Aug 30, 201880Dec 24, 201857Mar 19, 2019137
-18.61%Jun 23, 2015159Feb 8, 2016119Jul 28, 2016278
-13.46%Mar 27, 201246Jun 1, 201299Jan 11, 2013145

Volatility

Volatility Chart

The current Direxion NASDAQ-100 Equal Weighted Index Shares volatility is 4.86%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.86%
4.07%
QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (^GSPC)