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Trending ETFs

Name

As of 07/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$90.60

$1.28 B

0.79%

$0.72

0.35%

Vitals

YTD Return

7.5%

1 yr return

17.4%

3 Yr Avg Return

4.8%

5 Yr Avg Return

13.9%

Net Assets

$1.28 B

Holdings in Top 10

11.5%

52 WEEK LOW AND HIGH

$89.8
$70.45
$90.60

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$90.60

$1.28 B

0.79%

$0.72

0.35%

QQQE - Profile

Distributions

  • YTD Total Return 7.5%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 13.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion NASDAQ-100® Equal Weighted Index Shares
  • Fund Family Name
    Direxion Shares ETF Trust
  • Inception Date
    Mar 21, 2012
  • Shares Outstanding
    10900002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul Brigandi

Fund Description

The Fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index or investments with economic characteristics similar to the securities included in the Index (i.e., derivative instruments, including swap agreements or futures contracts).The Index is the equal weighted version of the NASDAQ-100 Index® which includes approximately 100 of the largest domestic and international non-financial companies listed on The NASDAQ® Stock Market based on market capitalization selected by NASDAQ, Inc. (the “Index Provider”). Equal weighting is a method of weighting index stocks whereby the same exposure is provided to both the smallest and largest companies included in the Index. The Index is rebalanced quarterly and reconstituted annually.As of December 29, 2023, the components of the Index consisted of 101 constituents, which had an average market capitalization of $228.7 billion, had market capitalizations ranging from $19.7 billion to $3 trillion and were concentrated in the information technology sector.The components of the Index and the percentages represented by various sectors in the Index may change over time. The Fund will concentrate its investment in a particular industry or group of industries (i.e., hold 25% or more of its total assets in the stocks of a particular industry or group of industries) to approximately the same extent as the Index is so concentrated.The Fund uses a “passive” or indexing approach to attempt to achieve its investment objective. Although the Fund intends to fully replicate the Index, at times the Fund may hold a representative sample of the securities in the Index that have aggregate characteristics similar to those of the Index. This means the Fund may not hold all of the securities included in the Index, its weighting of investment exposure to such securities or industries may be different from that of the Index and it may hold securities that are not included in the Index. The Fund will rebalance its portfolio when the Index rebalances. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).The Fund is “non-diversified,” meaning that a relatively high percentage of its assets may be invested in a limited number of issuers of securities. Additionally, the Fund’s investment objective is not a fundamental policy and may be changed by the Fund’s Board of Trustees without shareholder approval.
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QQQE - Performance

Return Ranking - Trailing

Period QQQE Return Category Return Low Category Return High Rank in Category (%)
YTD 7.5% -8.6% 40.3% 93.77%
1 Yr 17.4% -15.6% 66.1% 91.99%
3 Yr 4.8%* -31.4% 25.1% 72.30%
5 Yr 13.9%* -16.0% 29.0% 69.06%
10 Yr 13.3%* -5.9% 20.1% 54.76%

* Annualized

Return Ranking - Calendar

Period QQQE Return Category Return Low Category Return High Rank in Category (%)
2023 32.6% -74.1% 72.4% 50.09%
2022 -25.2% -85.9% 4.7% 13.53%
2021 13.5% -52.4% 60.5% 31.91%
2020 36.9% -34.3% 145.0% 21.22%
2019 35.4% -21.8% 49.4% 5.33%

Total Return Ranking - Trailing

Period QQQE Return Category Return Low Category Return High Rank in Category (%)
YTD 7.5% -8.6% 40.3% 93.77%
1 Yr 17.4% -15.6% 66.1% 91.99%
3 Yr 4.8%* -31.4% 25.1% 72.30%
5 Yr 13.9%* -16.0% 29.0% 69.06%
10 Yr 13.3%* -5.9% 20.1% 54.76%

* Annualized

Total Return Ranking - Calendar

Period QQQE Return Category Return Low Category Return High Rank in Category (%)
2023 33.8% -4.6% 72.4% 64.90%
2022 -24.5% -61.7% 5.6% 19.71%
2021 18.0% -39.8% 118.1% 70.35%
2020 37.8% 2.8% 149.2% 39.44%
2019 36.4% -5.2% 49.4% 19.63%

QQQE - Holdings

Concentration Analysis

QQQE Category Low Category High QQQE % Rank
Net Assets 1.28 B 242 K 269 B 52.89%
Number of Holdings 102 2 3211 23.84%
Net Assets in Top 10 136 M 109 K 129 B 74.06%
Weighting of Top 10 11.51% 0.7% 205.0% 99.38%

Top 10 Holdings

  1. Micron Technology Inc. COM USD0.10 1.25%
  2. Keurig Dr Pepper Inc COM USD0.01 1.20%
  3. AstraZeneca PLC SPON ADR EACH REP 0.50 ORD 1.18%
  4. Constellation Energy Corp. COM 1.15%
  5. The Kraft Heinz Company COM USD0.01 1.15%
  6. Tesla Inc COM USD0.001 1.15%
  7. Paypal Holdings Incorporation COM USD0.0001 1.11%
  8. TRADE DESK INC/THE -CLASS A 1.11%
  9. NXP Semiconductors NV EUR0.20 1.11%
  10. PEPSICO INC 1.10%

Asset Allocation

Weighting Return Low Return High QQQE % Rank
Stocks
99.85% 0.00% 134.69% 10.60%
Cash
0.88% 0.00% 173.52% 57.06%
Preferred Stocks
0.00% 0.00% 8.99% 53.46%
Other
0.00% -44.39% 49.06% 55.92%
Convertible Bonds
0.00% 0.00% 1.94% 47.01%
Bonds
0.00% 0.00% 104.29% 49.43%

Stock Sector Breakdown

Weighting Return Low Return High QQQE % Rank
Technology
36.93% 0.00% 65.70% 44.89%
Consumer Cyclical
14.56% 0.00% 62.57% 58.54%
Healthcare
13.62% 0.00% 39.76% 39.96%
Communication Services
12.18% 0.00% 66.40% 33.19%
Industrials
9.24% 0.00% 30.65% 16.02%
Consumer Defense
7.64% 0.00% 25.50% 10.48%
Utilities
5.04% 0.00% 16.07% 2.02%
Financial Services
0.79% 0.00% 43.06% 99.12%
Real Estate
0.00% 0.00% 16.05% 82.57%
Energy
0.00% 0.00% 41.09% 76.50%
Basic Materials
0.00% 0.00% 18.91% 86.09%

Stock Geographic Breakdown

Weighting Return Low Return High QQQE % Rank
US
99.85% 0.00% 134.69% 8.50%
Non US
0.00% 0.00% 74.83% 62.58%

QQQE - Expenses

Operational Fees

QQQE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.01% 28.71% 94.02%
Management Fee 0.30% 0.00% 1.50% 9.27%
12b-1 Fee 0.00% 0.00% 1.00% 9.40%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

QQQE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

QQQE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

QQQE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% 36.15%

QQQE - Distributions

Dividend Yield Analysis

QQQE Category Low Category High QQQE % Rank
Dividend Yield 0.79% 0.00% 27.58% 24.91%

Dividend Distribution Analysis

QQQE Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

QQQE Category Low Category High QQQE % Rank
Net Income Ratio 0.49% -6.13% 3.48% 6.64%

Capital Gain Distribution Analysis

QQQE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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QQQE - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Mar 21, 2012

10.2

10.2%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng


Start Date

Tenure

Tenure Rank

Sep 01, 2015

6.75

6.8%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.23 2.92