QQQE - ETF AI Analysis

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Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)

Rating:72Outperform

Price Target:―

QQQE, the Direxion NASDAQ-100 Equal Weighted Index Shares ETF, has a solid overall rating driven mainly by high-quality holdings like ASML, Micron, and Diamondback Energy, which show strong financial performance, positive earnings outlooks, and strategic positioning in key growth areas such as AI and energy. The fund’s rating is held back somewhat by weaker names like Intel and Seagate, where valuation concerns, leverage, and profitability challenges are more pronounced. A key risk factor is its meaningful exposure to cyclical and tech-related businesses, which can make the ETF more sensitive to shifts in technology demand and broader economic conditions.

Positive Factors

Strong Semiconductor Holdings

Many of the top positions are chip and chip-equipment companies that have shown strong gains this year, helping support the fund’s overall results.

Equal-Weight Approach

Each stock has a similar weight, which reduces reliance on a few mega-cap names and spreads company-specific risk more evenly.

Broad Sector Mix

Exposure across technology, industrials, consumer sectors, health care, and others provides diversification across different parts of the economy.

Negative Factors

Tech-Heavy Portfolio

A large share of assets is in technology stocks, which can make the ETF more sensitive to swings in the tech sector.

Recent Flat-to-Weak Short-Term Performance

Returns over the past month and quarter have been slightly negative to flat, suggesting recent momentum has been soft.

Limited International Diversification

With the vast majority of holdings in U.S. companies, the fund offers little geographic diversification outside the United States.

QQQE vs. SPDR S&P 500 ETF (SPY)

AUM1.12B

RegionNorth America

Expense Ratio0.35%

Beta1.07

IssuerDirexion

Inception DateMar 21, 2012

Dividend Yield0.53%

Asset ClassEquity

Index TrackedNASDAQ-100 Equally Weighted Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume370,661

30 Day Avg. Volume269,234

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

123.72

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering101

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

QQQE Summary

QQQE is an ETF that follows the NASDAQ-100 Equally Weighted Index, meaning it invests in 100 large U.S. companies but gives each one a similar-sized slice of the fund instead of letting the biggest companies dominate. It holds well-known names like Intel and AMD, and covers many areas such as technology, consumer companies, and healthcare. Someone might invest in QQQE to get diversified exposure to many leading growth companies without being overly concentrated in a few tech giants. A key risk is that it can still rise and fall sharply with the overall stock market and the tech sector.

How much will it cost me?The expense ratio for QQQE is 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average because QQQE is an equal-weighted fund, which requires more active management compared to passively managed funds that track market-cap weighted indexes.

What would affect this ETF?QQQE’s exposure to technology and consumer sectors positions it to benefit from innovation and growth in these areas, especially as demand for tech products and services continues to rise. However, the fund could face challenges if interest rates increase, as higher borrowing costs can impact growth-focused companies, or if regulatory changes affect major tech firms. Its equal-weighted approach reduces concentration risk but may limit gains during periods when mega-cap stocks outperform.

QQQE Top 10 Holdings

QQQE’s story right now is all about chip and hardware names quietly steering the ship. Micron, Western Digital, Seagate, and Lam Research have been rising, riding the wave of AI and data-center demand, while Applied Materials and ASML are also pulling their weight despite some valuation jitters. Monolithic Power and Analog Devices add to this semiconductor-heavy tilt, making tech the clear star of the show. Baker Hughes and Old Dominion Freight are more like steady supporting actors, and with all holdings U.S.-listed, this is very much a domestically focused growth play.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
MU	Micron	1.65%	$18.49M	$479.61B	322.79%	79 Outperform
WDC	Western Digital	1.55%	$17.35M	$92.32B	511.48%	77 Outperform
AMAT	Applied Materials	1.37%	$15.37M	$271.04B	119.41%	77 Outperform
STX	Seagate Tech	1.34%	$14.94M	$83.68B	336.53%	68 Neutral
ASML	ASML Holding	1.31%	$14.70M	$515.87B	88.47%	81 Outperform
INTC	Intel	1.28%	$14.34M	$228.62B	90.31%	64 Neutral
LRCX	Lam Research	1.27%	$14.21M	$264.99B	169.66%	77 Outperform
FANG	Diamondback	1.27%	$14.21M	$51.30B	21.42%	81 Outperform
BKR	Baker Hughes Company	1.25%	$14.00M	$53.62B	26.66%	76 Outperform
COST	Costco	1.22%	$13.60M	$447.39B	11.56%	72 Outperform

QQQE Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

103.42

Negative

100DMA

102.87

Negative

200DMA

100.58

Negative

Market Momentum

MACD

-0.61

Positive

RSI

37.35

Neutral

STOCH

16.59

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 102.65, equal to the 50-day MA of 103.42, and equal to the 200-day MA of 100.58, indicating a bearish trend. The MACD of -0.61 indicates Positive momentum. The RSI at 37.35 is Neutral, neither overbought nor oversold. The STOCH value of 16.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QQQE.

QQQE Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QQQE	―	―	$1.12B	0.35%	72 Outperform
QQQI	―	―	$9.15B	0.68%	75 Outperform
MGC	―	―	$9.04B	0.05%	74 Outperform
PRF	―	―	$8.75B	0.34%	72 Outperform
QYLD	―	―	$8.19B	0.60%	75 Outperform
RWL	―	―	$8.16B	0.39%	71 Outperform

Performance Comparison

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

101.07

11.98

13.45%

QQQI

NEOS Nasdaq 100 High Income ETF

―

MGC

Vanguard Mega Cap ETF

―

PRF

Invesco FTSE RAFI US 1000 ETF

―

QYLD

Global X NASDAQ 100 Covered Call ETF

―

RWL

Invesco S&P 500 Revenue ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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