QQQE:ARCA-Direxion NASDAQ-100 Equal Weighted Index Shares (USD)

ETF | Large Growth | NYSE Arca

Last Closing

USD 89.29

Change

+0.79 (+0.89)%

Market Cap

USD 0.09B

Volume

0.13M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results before fees and expenses that track the NASDAQ-100? Equal Weighted Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the NASDAQ-100? Equal Weighted Index. The index is the equal weighted version of the NASDAQ-100 Index? which includes 100 of the largest domestic and international non-financial securities listed on the NASDAQ? Stock Market (the "NASDAQ?") based on market capitalization. The fund is non-diversified.

Inception Date: 21/03/2012

Primary Benchmark: NASDAQ 100 Equal Weighted TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.52%

Management Expense Ratio: 0.35 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Large Growth

Symbol Name Mer Price(Change) Market Cap
QQQ Invesco QQQ Trust 0.20 %

+6.55 (+1.54%)

USD 254.43B
VONG Vanguard Russell 1000 Growth I.. 0.12 %

+1.47 (+1.77%)

USD 19.53B
IUSG iShares Core S&P U.S. Growth E.. 0.04 %

+2.06 (+1.83%)

USD 16.94B
ONEQ Fidelity® Nasdaq Composite In.. 0.21 %

+1.30 (+2.11%)

USD 6.10B
FV First Trust Dorsey Wright Focu.. 0.30 %

+0.85 (+1.58%)

USD 3.80B
QQEW First Trust NASDAQ-100 Equal W.. 0.60 %

+0.60 (+0.51%)

USD 2.19B
FTC First Trust Large Cap Growth A.. 0.61 %

+1.00 (+0.85%)

USD 1.11B
LRGE ClearBridge Large Cap Growth E.. 0.59 %

+0.45 (+0.70%)

USD 0.22B
QQXT First Trust NASDAQ-100 Ex-Tech.. 0.60 %

-0.04 (-0.05%)

USD 0.15B
CACG ClearBridge All Cap Growth 0.53 %

+0.55 (+1.11%)

USD 0.13B

ETFs Containing QQQE

N/A

Market Performance

  Market Performance vs. Industry/Classification (Large Growth) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.49% 13% F 65% D
Dividend Return 0.23% 89% A- 13% F
Total Return 5.72% 13% F 64% D
Trailing 12 Months  
Capital Gain 26.22% 20% F 78% C+
Dividend Return 1.08% 85% B 15% F
Total Return 27.30% 20% F 77% C+
Trailing 5 Years  
Capital Gain 86.64% 60% D- 81% B-
Dividend Return 10.29% 100% F 42% F
Total Return 96.94% 73% C 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 13.45% 67% D+ 75% C
Dividend Return 14.88% 93% A 75% C
Total Return 1.44% 93% A 36% F
Risk Return Profile  
Volatility (Standard Deviation) 22.70% 60% D- 73% C
Risk Adjusted Return 65.57% 67% D+ 89% A-
Market Capitalization 0.09B 60% D- 74% C

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:

There is nothing we particularly dislike