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Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE
ETF · Currency in USD
ISIN
US25459Y2072
CUSIP
25459Y207
Issuer
Direxion
Inception Date
Mar 21, 2012
Region
North America (U.S.)
Category
Large Cap Growth Equities
Expense Ratio
0.35%
Index Tracked
NASDAQ-100 Equal Weighted Index
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

QQQEPrice Chart


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QQQEPerformance

The chart shows the growth of $10,000 invested in Direxion NASDAQ-100 Equal Weighted Index Shares on Mar 22, 2012 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $46,961 for a total return of roughly 369.61%. All prices are adjusted for splits and dividends.


QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (S&P 500)

QQQEReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M2.65%
6M9.01%
YTD15.77%
1Y31.71%
5Y21.81%
10Y17.52%

QQQEMonthly Returns Heatmap


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QQQESharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion NASDAQ-100 Equal Weighted Index Shares Sharpe ratio is 1.83. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (S&P 500)

QQQEDividends

Direxion NASDAQ-100 Equal Weighted Index Shares granted a 0.49% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $0.42 per share.


PeriodTTM202020192018201720162015201420132012
Dividend$0.42$0.41$0.40$0.32$0.28$0.40$0.13$0.43$0.10$0.25

Dividend yield

0.49%0.54%0.74%0.80%0.65%1.17%0.39%1.36%0.38%1.30%

QQQEDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (S&P 500)

QQQEWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion NASDAQ-100 Equal Weighted Index Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion NASDAQ-100 Equal Weighted Index Shares is 30.90%, recorded on Mar 20, 2020. It took 53 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.9%Feb 20, 202022Mar 20, 202053Jun 5, 202075
-20.05%Aug 30, 201880Dec 24, 201857Mar 19, 2019137
-18.92%Jun 23, 2015159Feb 8, 2016130Aug 12, 2016289
-13.48%Mar 27, 201247Jun 1, 2012153Jan 11, 2013200
-10.31%Feb 16, 202115Mar 8, 202127Apr 15, 202142
-10.24%May 6, 201920Jun 3, 201922Jul 3, 201942
-10.22%Jan 29, 20189Feb 8, 201821Mar 12, 201830
-9.4%Sep 3, 202014Sep 23, 202013Oct 12, 202027
-9.12%Mar 13, 201814Apr 2, 201871Jul 12, 201885
-8.6%Sep 9, 201428Oct 16, 201411Oct 31, 201439

QQQEVolatility Chart

Current Direxion NASDAQ-100 Equal Weighted Index Shares volatility is 8.87%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares)
Benchmark (S&P 500)

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