10-Jul-2026
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The Direxion NASDAQ-100 Equal Weighted Index ETF (the "Fund") seeks investment results, before fees and expenses, that track the NASDAQ-100 Equal Weighted Index (the "Index"). 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.
Direxion Nasdaq-100 Equal Weighted Index ETF trades on the ARCA stock market under the symbol QQQE.
As of July 10, 2026, QQQE stock price climbed to $120.61 with 163,566 million shares trading.
QQQE has a beta of 1.01, meaning it tends to be more sensitive to market movements. QQQE has a correlation of 0.76 to the broad based SPY ETF.
QQQE has a market cap of $1.40 billion. This is considered a Small Cap stock.
In the last 3 years, QQQE traded as high as $123.26 and as low as $70.18.
QQQE has outperformed the market in the last year with a return of +22.6%, while the SPY ETF gained +21.8%. In the last 3 month period, QQQE beat the market returning +19.5%, while SPY returned +11.4%. However, in the most recent 2 weeks QQQE has underperformed the stock market by returning +1.6%, while SPY returned +3.6%.
QQQE support price is $118.90 and resistance is $122.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QQQE shares will trade within this expected range on the day.