Buy & Sell Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE) – Direxion NASDAQ 100 Equal Weighted Index Shares Price Today
Aura AI Summary
Key Stats
- -Market Cap
- Broad Market / FactorSector
- -9.56%3M Drawdown
- -Enterprise Value
- -Dividend Yield
Over the past 52 weeks, Direxion NASDAQ 100 Equal Weighted Index Shares has traded between a low of $80.73 and a high of $106.66, highlighting its annual price range. Over the past three months, Direxion NASDAQ 100 Equal Weighted Index Shares has recorded a drawdown of -9.56%, reflecting recent price volatility.
About Direxion NASDAQ 100 Equal Weighted Index Shares
QQQE is an ETF that seeks to track the performance of the NASDAQ-100 Equal Weighted Index. Unlike traditional market-capitalization-weighted indexes, this fund assigns equal weight to each of the 100 non-financial companies in the NASDAQ-100 and rebalances quarterly. This equal-weighting scheme reduces concentration risk in the largest technology companies and increases the fund's exposure to smaller-cap and mid-cap companies within the index, providing a differentiated growth profile.
