Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
QQQE is a passive ETF by Direxion tracking the investment results of the NASDAQ-100 Equal Weighted Index. QQQE launched on Mar 21, 2012 and has a 0.35% expense ratio.
ETF Info
ISIN | US25459Y2072 |
---|---|
CUSIP | 25459Y207 |
Issuer | Direxion |
Inception Date | Mar 21, 2012 |
Region | North America (U.S.) |
Category | Large Cap Growth Equities |
Index Tracked | NASDAQ-100 Equal Weighted Index |
Home Page | www.direxion.com |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
QQQE has a high expense ratio of 0.35%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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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.
Returns By Period
Direxion NASDAQ-100 Equal Weighted Index Shares had a return of -0.11% year-to-date (YTD) and 20.17% in the last 12 months. Over the past 10 years, Direxion NASDAQ-100 Equal Weighted Index Shares had an annualized return of 13.32%, outperforming the S&P 500 benchmark which had an annualized return of 10.37%.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.11% | 5.57% |
1 month | -5.43% | -4.16% |
6 months | 18.98% | 20.07% |
1 year | 20.17% | 20.82% |
5 years (annualized) | 12.69% | 11.56% |
10 years (annualized) | 13.32% | 10.37% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.61% | 3.68% | 1.25% | |||||||||
2023 | -4.68% | 10.76% | 7.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QQQE is 66, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Direxion NASDAQ-100 Equal Weighted Index Shares(QQQE)
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.
Dividends
Dividend History
Direxion NASDAQ-100 Equal Weighted Index Shares granted a 0.90% dividend yield in the last twelve months. The annual payout for that period amounted to $0.76 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.76 | $0.67 | $0.62 | $3.27 | $0.41 | $0.40 | $0.32 | $0.28 | $0.40 | $0.24 | $0.43 | $0.10 |
Dividend yield | 0.90% | 0.79% | 0.98% | 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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.19 | |||||||||
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 |
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 |
2021 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $2.99 |
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 |
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 |
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 |
2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 |
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 |
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 |
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 |
2013 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 5.52%.
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 Direxion NASDAQ-100 Equal Weighted Index Shares volatility is 4.85%, 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.