ATLASDirexion NASDAQ-100 Equal Weighted Index Shares (QQQE): outlook, holdings and fees
Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is an exchange-traded fund and is managed by Direxion Funds. The expense ratio is 0.35% and the yield is 0.60%. The ten largest holdings are 12% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QQQE
| Last price | $117.49 (+1.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $114.43 – $121.72 |
| Normal 1-day range (±1σ) | ±1.1% |
| Distribution yield | 0.60% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
QQQE fund facts
| Issuer | Direxion Funds |
|---|---|
| Theme | Nasdaq 100 |
| Assets under management | $1.5B |
| Expense ratio | 0.35% |
| Number of holdings | 50 |
| Portfolio turnover | 29% |
| Inception | Mar 21, 2012 |
| Exchange | NYSE |
The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes approximately 100 of the largest domestic and international non-financial companies listed on the NASDAQ® Stock Market based on market capitalization.
QQQE top holdings
| Holding | Sector | Weight |
|---|---|---|
| Advanced Micro Devices Inc AMD | Technology | 1.28% |
| Marvell Technology Group Ltd MRVL | Technology | 1.34% |
| Meta Platforms Inc. META | Communication Services | 1.29% |
| Intel Corporation INTC | Technology | 1.16% |
| Astera Labs, Inc. ALAB | Technology | 1.14% |
| Datadog Inc DDOG | Technology | 1.21% |
| Lumentum Holdings Inc LITE | Technology | 1.18% |
| Teradyne Inc TER | Technology | 1.14% |
| MicroStrategy Incorporated MSTR | Technology | 1.14% |
| Crowdstrike Holdings Inc CRWD | Technology | 1.19% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QQQE sector breakdown
| Sector | Weight |
|---|---|
| Technology | 46.3% |
| Industrials | 12.5% |
| Healthcare | 10.1% |
| Consumer Cyclicals | 9.8% |
| Communication Services | 7.1% |
| Consumer Defensive | 6.4% |
| Utilities | 3.8% |
| Energy | 1.8% |
| Financial Services | 1.1% |
| Basic Materials | 0.9% |
By region: North America 95.1%, Europe Developed 1.9%, Asia Emerging 1.0%, Latin America 1.0%, United Kingdom 1.0%.
QQQE returns and risk
| Year to date | +18.4% |
|---|---|
| 1 year | +21.8% |
| 3 years (annualised) | +18.6% |
| 5 years (annualised) | +9.4% |
| 10 years (annualised) | +15.0% |
| Volatility (3 years) | 14.8% |
| Sharpe ratio (3 years) | 0.85 |
Past returns do not guarantee future results.
QQQE: frequently asked questions
What does QQQE invest in?
Direxion NASDAQ-100 Equal Weighted Index Shares invests in a portfolio of securities. Its largest holdings are Advanced Micro Devices Inc (1.3%), Marvell Technology Group Ltd (1.3%), Meta Platforms Inc. (1.3%), Intel Corporation (1.2%), Astera Labs, Inc. (1.1%).
What is the QQQE expense ratio?
0.35% a year: about $35.00 for every $10,000 invested.
What is the QQQE dividend yield?
0.60%. ATLAS does not hold the exact distribution dates for ETFs.
Will QQQE go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $114.43 to $121.72 from $117.49 today. It is a probability, not a prediction.
How has QQQE performed?
Year to date +18.4%, one year +21.8%, three years +18.6% a year, five years +9.4% a year. Past returns do not guarantee future results.
Similar ETFs: Nasdaq 100
- Invesco QQQ Trust, Series 1 (QQQ)
- Invesco NASDAQ 100 ETF (QQQM)
- NEOS Nasdaq-100 High Income ETF (QQQI)
- Fidelity Nasdaq Composite Index ETF (ONEQ)
- Global X Nasdaq 100 Covered Call ETF (QYLD)
- Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ)
- First Trust NASDAQ-100 Technology Sector Index Fund (QTEC)
- First Trust Nasdaq-100 Select Equal Weight ETF (QQEW)
Educational information, not investment advice. Disclaimer