QQQE - ETF AI Analysis

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Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)

Rating:71Outperform

Price Target:―

The ETF QQQE has a solid overall rating, reflecting a balanced mix of strong-performing holdings and some weaker contributors. Regeneron (REGN) stands out as a key driver of the fund's rating due to its impressive financial health, revenue growth, and strategic investments in research and development. On the other hand, Intel (INTC) has a notably lower score, weighed down by profitability challenges and overvaluation concerns, which may slightly dampen the ETF's overall performance. Investors should also consider the fund's exposure to potential risks, such as concentration in AI-driven sectors and international market challenges.

Positive Factors

Strong Top Holdings

Several top holdings, such as Micron and Lam Research, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Sector Diversification

The ETF is spread across multiple sectors, including technology, consumer cyclical, and health care, reducing reliance on any single industry.

Reasonable Expense Ratio

The ETF has a relatively low expense ratio, making it cost-effective compared to many actively managed funds.

Negative Factors

Overweight in Technology

With over 40% of the portfolio in technology, the ETF is heavily exposed to potential volatility in this sector.

Underperforming Holdings

Some holdings, like Trade Desk and Marvell, have shown weak year-to-date performance, which could drag on overall returns.

Limited Geographic Exposure

The ETF is highly concentrated in U.S. companies, offering minimal diversification across international markets.

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

AUM1.23B

RegionNorth America

Expense Ratio0.35%

Beta1.10

IssuerDirexion

Inception DateMar 21, 2012

Dividend Yield0.57%

Asset ClassEquity

Index TrackedNASDAQ-100 Equally Weighted Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume233,811

30 Day Avg. Volume202,912

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

119.28

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering101

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

QQQE Summary

The Direxion NASDAQ-100 Equal Weighted Index Shares (Ticker: QQQE) is an ETF that gives investors exposure to the NASDAQ-100 Index but with a unique twist: it allocates equal weight to all 100 companies in the index. This means that every company, big or small, has the same impact on the fund’s performance, promoting diversification. It includes well-known companies like Intel and Advanced Micro Devices (AMD) and focuses on large-cap stocks across sectors like technology, healthcare, and consumer services. Investors might consider QQQE for balanced exposure to high-growth industries and reduced concentration in mega-cap tech stocks. However, since it tracks the NASDAQ-100, its performance can fluctuate with the overall market, especially if tech stocks face challenges.

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

The QQQE ETF’s equal-weighted approach gives every stock in the NASDAQ-100 a fair shot at driving performance, but recent results show mixed momentum across key names. Micron is rising steadily, buoyed by its strategic focus on AI and data centers, while Warner Bros. Discovery is gaining traction thanks to streaming growth and box office success. On the other hand, AMD has been lagging, as valuation concerns and technical signals weigh on its outlook. With a heavy tilt toward technology and healthcare, the fund remains concentrated in sectors that thrive on innovation, offering a balanced yet dynamic exposure to U.S. large-cap stocks.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AMAT	Applied Materials	1.38%	$17.07M	$214.65B	56.62%	77 Outperform
MU	Micron	1.36%	$16.78M	$255.06B	124.70%	77 Outperform
AMD	Advanced Micro Devices	1.34%	$16.53M	$351.62B	52.79%	74 Outperform
INTC	Intel	1.33%	$16.50M	$193.19B	94.71%	64 Neutral
MRVL	Marvell	1.29%	$15.93M	$83.27B	-13.39%	76 Outperform
ISRG	Intuitive Surgical	1.26%	$15.62M	$201.58B	3.83%	78 Outperform
BIIB	Biogen	1.24%	$15.39M	$26.70B	14.26%	74 Outperform
WBD	Warner Bros	1.24%	$15.30M	$60.81B	129.78%	70 Outperform
LRCX	Lam Research	1.21%	$14.91M	$197.31B	108.87%	77 Outperform
REGN	Regeneron	1.19%	$14.71M	$75.97B	-5.87%	78 Outperform

QQQE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

101.95

Positive

100DMA

100.31

Positive

200DMA

95.73

Positive

Market Momentum

MACD

0.26

Negative

RSI

59.65

Neutral

STOCH

96.69

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 100.96, equal to the 50-day MA of 101.95, and equal to the 200-day MA of 95.73, indicating a bullish trend. The MACD of 0.26 indicates Negative momentum. The RSI at 59.65 is Neutral, neither overbought nor oversold. The STOCH value of 96.69 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QQQE	―	―	$1.23B	0.35%	―
MGC	―	―	$9.13B	0.07%	―
PRF	―	―	$8.47B	0.34%	―
FTCS	―	―	$8.15B	0.52%	―
QYLD	―	―	$8.01B	0.61%	―
QQEW	―	―	$1.89B	0.55%	―

Performance Comparison

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

103.59

8.31

8.72%

MGC

Vanguard Mega Cap ETF

―

PRF

Invesco FTSE RAFI US 1000 ETF

―

FTCS

First Trust Capital Strength ETF

―

QYLD

Global X NASDAQ 100 Covered Call ETF

―

QQEW

First Trust Nasdaq-100 Equal Weighted Index Fund

―

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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