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Direxion NASDAQ-100 Equal Weighted Index Shares

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE

NASDAQ
$120.692.43% (+2.87)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Large Growth

US Largecap ETF

Invests in large growth segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.35%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$1.39B
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

1.1
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

15.4%
PE
PE

Ratio of price to the prospective earnings of the ETF's underlyings

23.55
PE Category
PE Category

Ratio of price to the prospective earnings of the holdings of ETFs from the same category

23.82

ETF Profile

Peers

Peers

Exp. Ratio
0.18%
0.18%
PE
22.19
22.19
1Y Return
23.12%
23.12%
Exp. Ratio
0.04%
0.04%
PE
25.93
25.93
1Y Return
12.81%
12.81%
Exp. Ratio
0.19%
0.19%
PE
22.83
22.83
1Y Return
73.29%
73.29%
Exp. Ratio
0.15%
0.15%
PE
22.19
22.19
1Y Return
23.14%
23.14%
Exp. Ratio
0.18%
0.18%
PE
21.67
21.67
1Y Return
17.85%
17.85%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFLarge Growth
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
Direxion NASDAQ-100 Equal Weighted Index Shares $1.39B0.35%19.31%
Invesco QQQ Trust$484.27B0.18%23.12%
Vanguard Growth Index Fund ETF Shares$232.10B0.04%12.81%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • Workday Inc
    Sector: Technology
    Holdings1.41 %
    Workday Inc
    WDAY

    Holdings

    1.41 %

    Technology
  • Crowdstrike Holdings Inc
    Sector: Technology
    Holdings1.39 %
    Crowdstrike Holdings Inc
    CRWD

    Holdings

    1.39 %

    Technology
  • Palo Alto Networks Inc
    Sector: Technology
    Holdings1.38 %
    Palo Alto Networks Inc
    PANW

    Holdings

    1.38 %

    Technology
  • Regeneron Pharmaceuticals Inc
    Sector: Healthcare
    Holdings1.33 %
    Regeneron Pharmaceuticals Inc
    REGN

    Holdings

    1.33 %

    Healthcare
  • Fortinet Inc
    Sector: Technology
    Holdings1.29 %
    Fortinet Inc
    FTNT

    Holdings

    1.29 %

    Technology
  • Airbnb Inc
    Sector: Consumer Cyclical
    Holdings1.29 %
    Airbnb Inc
    ABNB

    Holdings

    1.29 %

    Consumer Cyclical
  • Automatic Data Processing Inc
    Sector: Technology
    Holdings1.27 %
    Automatic Data Processing Inc
    ADP

    Holdings

    1.27 %

    Technology
  • DoorDash, Inc. Class A Common Stock
    Sector: Consumer Cyclical
    Holdings1.26 %
    DoorDash, Inc. Class A Common Stock
    DASH

    Holdings

    1.26 %

    Consumer Cyclical
  • Paychex Inc
    Sector: Technology
    Holdings1.24 %
    Paychex Inc
    PAYX

    Holdings

    1.24 %

    Technology
  • DexCom Inc
    Sector: Healthcare
    Holdings1.23 %
    DexCom Inc
    DXCM

    Holdings

    1.23 %

    Healthcare

Frequently asked questions

  1. Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is currently trading at $120.69. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is 0.35%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)’s top holdings currently include Workday Inc, Crowdstrike Holdings Inc, and Palo Alto Networks Inc. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)’s current assets under management (AUM) are $1.39B. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)’s price-to-earnings (P/E) ratio is 23.55. It represents the weighted valuation of the companies held within the ETF relative to their earnings.

  11. You can compare Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) with Invesco QQQ Trust (QQQ), Vanguard Growth Index Fund ETF Shares (VUG), and iShares Russell 1000 Growth ETF (IWF) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  12. Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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