QQQE - ETF AI Analysis
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Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
Rating:72Outperform
Price Target:―
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)
AUM1.14B
RegionNorth America
Expense Ratio0.35%
Beta1.07
IssuerDirexion
Inception DateMar 21, 2012
Dividend Yield0.64%
Asset ClassEquity
Index TrackedNASDAQ-100 Equally Weighted Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume316,258
30 Day Avg. Volume298,420
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
126.33Price 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 chips and data. Western Digital, Micron, and Seagate have been rising on the back of AI-driven demand for memory and storage, quietly pulling the fund higher. Lam Research and KLA are also helping, though their momentum has turned a bit mixed as valuation worries creep in. ASML and Intel have been more of a tug-of-war, with recent softness keeping a lid on gains. Overall, this is a U.S.-heavy, tech-tilted ETF where semiconductor names sit firmly in the driver’s seat.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ARM Holdings PLC ADR | 1.11% | $12.40M | $158.35B | 70.00% | 69 Neutral | |
| Marvell | 1.10% | $12.29M | $93.65B | 116.69% | 76 Outperform | |
| Constellation Energy Corporation | 1.09% | $12.17M | $98.76B | 59.58% | 68 Neutral | |
| Insmed | 1.09% | $12.16M | $35.01B | 134.79% | 43 Neutral | |
| Diamondback | 1.07% | $11.94M | $54.54B | 57.15% | 81 Outperform | |
| Baker Hughes Company | 1.07% | $11.93M | $59.67B | 70.52% | 76 Outperform | |
| Exelon | 1.06% | $11.85M | $50.46B | 8.78% | 67 Neutral | |
| CSX | 1.06% | $11.83M | $76.65B | 51.49% | 78 Outperform | |
| PDD Holdings | 1.06% | $11.82M | $140.43B | -3.20% | 70 Outperform | |
| Mondelez International | 1.06% | $11.80M | $73.76B | -13.22% | 62 Neutral |
QQQE Technical Analysis
Negative
―
Price Trends
101.89
Negative
102.14
Negative
100.73
Negative
Market Momentum
-1.11
Negative
46.45
Neutral
62.16
Neutral
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 99.78, equal to the 50-day MA of 101.89, and equal to the 200-day MA of 100.73, indicating a bearish trend. The MACD of -1.11 indicates Negative momentum. The RSI at 46.45 is Neutral, neither overbought nor oversold. The STOCH value of 62.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QQQE.
QQQE Peer Comparison
Comparison Results
Performance Comparison
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
99.26
21.22
27.19%
XLG
Invesco S&P 500 Top 50 ETF
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QQQI
NEOS Nasdaq 100 High Income ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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MGC
Vanguard Mega Cap ETF
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SPYI
NEOS S&P 500 High Income 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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