Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQQE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQE
QQQE charges 0.35% annually. There are 6 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | 0.15% | 96.91B | Oct 2020 | QQQE vs QQQM | |
| Invesco QQQ ETF | 0.18% | 493.99B | Mar 1999 | QQQE vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 212.00M | Oct 2021 | QQQE vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 18.65M | Oct 2024 | QQQE vs QNXT | |
| Invesco QQQ Equal Weight ETF | 0.25% | 29.55M | Mar 2026 | QQQE vs QEW |
Best Risk-Adjusted Alternatives to QQQE
QQQE has a PortfoliosLab risk / return rank of 58. There are 35 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Nasdaq-100 Buffer 12 ETF - April | 98 | 7.34M | Dec 2024 | QQQE vs PQAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 98 | 224.10M | Mar 2020 | QQQE vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 97 | — | Apr 2024 | QQQE vs QCAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 96 | 557.94M | Mar 2021 | QQQE vs QMAR | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 90 | 45.43M | May 2021 | QQQE vs QQQA |
Top Performing QQQE Alternatives (YTD)
QQQE is at 19.12% YTD. There are 10 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 65.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 65.37% | 45.43M | May 2021 | QQQE vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 44.73% | 3.66B | Apr 2006 | QQQE vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 32.43% | 14.23M | Aug 2024 | QQQE vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 22.89% | 15.10M | Dec 2025 | QQQE vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 21.86% | 212.00M | Oct 2021 | QQQE vs QQMG |
Lowest Volatility Alternatives to QQQE
QQQE has 14.15% 1-year volatility. There are 32 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 2.69%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 2.69% | — | Apr 2024 | QQQE vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 3.89% | 224.10M | Mar 2020 | QQQE vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 4.45% | 7.34M | Dec 2024 | QQQE vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.25% | 157.14M | Jun 2024 | QQQE vs QBUF | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 5.75% | 2.34M | Jun 2025 | QQQE vs QB |
Lowest Drawdown Alternatives to QQQE
QQQE has a 1-year max drawdown of -9.41%. There are 23 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -0.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -0.82% | — | Apr 2024 | QQQE vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.24% | 224.10M | Mar 2020 | QQQE vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -1.39% | 7.34M | Dec 2024 | QQQE vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 157.14M | Jun 2024 | QQQE vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 557.94M | Mar 2021 | QQQE vs QMAR |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 5 categories. AUM among these funds goes as high as $23B.
Often Compared With QQQE
Investors most often compare QQQE with QQEW, SPYG, TQQQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare QQQE with Any Fund or Stock
Compare QQQE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQE with funds that move differently
Direxion NASDAQ-100 Equal Weighted Index Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQE.
Explore QQQE Diversifiers