Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)

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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.

Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) has returned -3.54% so far this year and 13.72% over the past 12 months. Looking at the last ten years, QQQE has achieved an annualized return of 13.22%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Mar 21, 2012, QQQE's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, your investment would double in approximately 5.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +13.9%, while the worst month was Mar 2020 at -10.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, QQQE closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.6%, while the worst single day was Mar 16, 2020 at -11.7%.

Direxion NASDAQ-100 Equal Weighted Index Shares has an annualized alpha of 1.14%, beta of 1.07, and R² of 0.85 versus S&P 500 Index. Calculated based on daily prices since March 22, 2012.

• This ETF captured 108.40% of S&P 500 Index gains and 101.43% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.07 and R² of 0.85, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

QQQE has an expense ratio of 0.35%, placing it in the medium range.

QQQE ranks 39 for risk / return — below 39% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and compare them to a chosen benchmark (S&P 500 Index).

Direxion NASDAQ-100 Equal Weighted Index Shares provided a 0.64% dividend yield over the last twelve months, with an annual payout of $0.63 per share.

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.

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.

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 7.08%.

The chart below shows the rolling one-month volatility.