- ISIN
- US25459Y2072
- CUSIP
- 25459Y207
- Issuer
- Direxion
- Inception Date
- Mar 21, 2012
- Region
- North America (U.S.)
- Category
- Nasdaq-100, Equal Weight
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ-100 Equal Weighted Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $1B
Share Price Chart
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Performance
QQQE Performance Chart
Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is up 19.0% since the beginning of the year. QQQE is currently trading at $122 per share. Investors who bought $1,000 worth of QQQE shares 5 years ago would now be looking at an investment worth $1,598.
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Returns By Period
Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) has returned 19.00% so far this year and 28.92% over the past 12 months. Looking at the last ten years, QQQE has achieved an annualized return of 16.04%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Direxion NASDAQ-100 Equal Weighted Index Shares
- 1D
- -0.11%
- 1M
- 4.23%
- YTD
- 19.00%
- 6M
- 17.44%
- 1Y
- 28.92%
- 3Y*
- 18.47%
- 5Y*
- 9.83%
- 10Y*
- 16.04%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
QQQE Monthly Returns History
Based on dividend-adjusted daily data since Mar 21, 2012, QQQE's average daily return is +0.06%, while the average monthly return is +1.25%. At this rate, an investment would double in approximately 4.6 years.
Historically, 63% of months were positive and 37% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.52% | 0.11% | -5.09% | 11.11% | 8.96% | 1.89% | 19.00% | ||||||
| 2025 | 4.91% | -1.33% | -6.11% | 0.57% | 6.71% | 5.22% | 0.05% | -0.32% | 3.78% | 2.06% | -1.49% | 0.33% | 14.58% |
| 2024 | 0.61% | 3.68% | 1.25% | -5.43% | 2.83% | 2.50% | -0.16% | 1.12% | 0.86% | -1.32% | 6.31% | -4.89% | 6.98% |
| 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% | 17.93% |
Benchmark Metrics
Direxion NASDAQ-100 Equal Weighted Index Shares has an annualized alpha of 1.62%, beta of 1.07, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since March 21, 2012.
- This ETF captured 109.67% of S&P 500 Index gains and 100.08% 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.
- Alpha
- 1.62%
- Beta
- 1.07
- R²
- 0.85
- Upside Capture
- 109.67%
- Downside Capture
- 100.08%
Expense Ratio
QQQE has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QQQE ranks 58 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QQQE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 2.78 | +0.30 |
| Martin ratioReturn relative to average drawdown | 10.39 | 12.44 | -2.04 |
Dividends
Dividend History
Direxion NASDAQ-100 Equal Weighted Index Shares provided a 0.52% dividend yield over the last twelve months, with an annual payout of $0.63 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.53 | $0.77 | $0.67 | $0.62 | $3.27 | $0.41 | $0.40 | $0.32 | $0.28 | $0.40 | $0.19 |
Dividend yield | 0.52% | 0.52% | 0.86% | 0.79% | 0.98% | 3.83% | 0.54% | 0.74% | 0.80% | 0.65% | 1.17% | 0.57% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.16 | ||||||
| 2025 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.53 |
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.24 | $0.77 |
| 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 | $2.99 | $3.27 |
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.
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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 0.95%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -32.14%Oct 2022 | 11mo 1d | 1y 3mo | 2y 2moNov 2021 - Jan 2024 |
COVID crash2020 | -30.90%Mar 2020 | 29d | 2mo 17d | 3mo 16dFeb 2020 - Jun 2020 |
2025 selloff2025 | -21.38%Apr 2025 | 1mo 18d | 2mo 23d | 4mo 11dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -20.05%Dec 2018 | 3mo 26d | 2mo 25d | 6mo 21dAug 2018 - Mar 2019 |
2016 correction2016 | -18.76%Feb 2016 | 7mo 20d | 5mo 21d | 1y 1moJun 2015 - Jul 2016 |
Drawdown Indicators
| QQQE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.14% | -56.78% | +24.64% |
Max Drawdown (1Y)Largest decline over 1 year | -9.41% | -9.10% | -0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -21.38% | -18.90% | -2.48% |
Max Drawdown (5Y)Largest decline over 5 years | -32.14% | -25.43% | -6.71% |
Max Drawdown (10Y)Largest decline over 10 years | -32.14% | -33.92% | +1.78% |
Current DrawdownCurrent decline from peak | -0.95% | -1.80% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -10.71% | +5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.03% | +0.76% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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