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Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?

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Launched on 03/21/2012, Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is a smart-beta ETF that provides equal-weighted exposure to the NASDAQ-100, targeting the Style Box - Large Cap Growth segment. The fund is positioned to offer broader diversification within large-cap growth/tech-heavy indexes by weighting constituents equally rather than by market cap.

Analysis

Launched on 03/21/2012, Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is a smart-beta ETF that provides equal-weighted exposure to the NASDAQ-100, targeting the Style Box - Large Cap Growth segment. The fund is positioned to offer broader diversification within large-cap growth/tech-heavy indexes by weighting constituents equally rather than by market cap.

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