QQQE - ETF AI Analysis
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Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Chip-Focused Top Holdings
Many of the largest positions in semiconductor and chip-related companies have shown strong gains this year, helping support the fund’s overall results.
Broad Sector Diversification
Holdings spread across technology, consumer, industrials, health care, and other sectors help reduce the impact if any one industry struggles.
Solid Recent Performance
The ETF has delivered steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Negative Factors
Heavy U.S. Concentration
With almost all assets in U.S. companies, the fund offers limited geographic diversification and is highly tied to the U.S. market.
Technology Sector Dominance
A large portion of the portfolio is in technology stocks, which can make the fund more sensitive to swings in that sector.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, meaning fees may be higher than some of the cheapest index ETFs available.
QQQE vs. SPDR S&P 500 ETF (SPY)
AUM1.38B
RegionNorth America
Expense Ratio0.35%
Beta1.07
IssuerDirexion
Inception DateMar 21, 2012
Dividend Yield0.52%
Asset ClassEquity
Index TrackedNASDAQ-100 Equally Weighted Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume281,034
30 Day Avg. Volume206,868
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
139.18Price 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 of the largest companies on the Nasdaq but gives each one a similar-sized slice of the fund. It holds many well-known names like Intel and AMD, and covers several areas of the economy, especially technology, but also consumer and healthcare companies. Someone might invest in QQQE to get diversified exposure to many leading U.S. growth companies without being overly concentrated in just a few giants. A key risk is that it can rise or fall sharply with the overall stock market, especially tech stocks.
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 chips and data, with an equal-weight twist. Semiconductor names like Intel, AMD, and Micron are doing the heavy lifting, riding rising demand for AI and data centers, while storage players such as Seagate and Western Digital add extra fuel with steady-to-rising momentum. Marvell and ARM round out the AI hardware theme, though their rich valuations can make the ride a bit bumpier. With a tech-heavy, U.S.-only lineup, the fund leans hard into America’s digital infrastructure boom.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Marvell | 2.62% | $36.09M | $244.68B | 338.62% | 76 Outperform | |
| ARM Holdings PLC ADR | 2.37% | $32.64M | $405.18B | 180.94% | 69 Neutral | |
| Intel | 2.34% | $32.21M | $626.09B | 516.49% | 64 Neutral | |
| Advanced Micro Devices | 2.10% | $28.82M | $834.17B | 332.99% | 73 Outperform | |
| Micron | 1.91% | $26.33M | $1.11T | 807.87% | 79 Outperform | |
| Seagate Tech | 1.87% | $25.68M | $208.77B | 677.47% | 68 Neutral | |
| SanDisk Corp | 1.61% | $22.15M | $293.23B | 4559.06% | 55 Neutral | |
| Western Digital | 1.58% | $21.79M | $194.03B | 1038.36% | 77 Outperform | |
| Datadog | 1.52% | $20.85M | $81.84B | 90.87% | 69 Neutral | |
| Fortinet | 1.48% | $20.39M | $107.19B | 46.63% | 71 Outperform |
QQQE Technical Analysis
Positive
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Price Trends
112.28
Positive
107.03
Positive
104.36
Positive
Market Momentum
2.13
Positive
59.49
Neutral
81.40
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 118.25, equal to the 50-day MA of 112.28, and equal to the 200-day MA of 104.36, indicating a bullish trend. The MACD of 2.13 indicates Positive momentum. The RSI at 59.49 is Neutral, neither overbought nor oversold. The STOCH value of 81.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQQE.
QQQE Peer Comparison
Comparison Results
Performance Comparison
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
120.54
26.05
27.57%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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RWL
Invesco S&P 500 Revenue ETF
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QYLD
Global X NASDAQ 100 Covered Call ETF
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JQUA
JPMorgan U.S. Quality Factor ETF
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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.
DisclaimerThis 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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