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Morningstar

Direxion NASDAQ-100® Equal Wtd ETF QQQE

Morningstar Medalist Rating
Medalist Rating as of | See Direxion Investment Hub

Morningstar’s Analysis QQQE

Will QQQE outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QQQE’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QQQE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of QQQE’s parent organization’s priorities and whether they’re in line with investors’ interests.

A drop in its Process Pillar rating is the primary driver of Direxion NASDAQ-100 ® Equal Wtd ETF's downgrade to a Morningstar Medalist Rating of Bronze from Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings QQQE

More QQQE Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Moderna Inc

1.42 16.8 Mil
Healthcare

Micron Technology Inc

1.41 16.7 Mil
Technology

Constellation Energy Corp

1.33 15.7 Mil
Utilities

NVIDIA Corp

1.31 15.4 Mil
Technology

Qualcomm Inc

1.24 14.7 Mil
Technology

The Trade Desk Inc Class A

1.24 14.7 Mil
Technology

PDD Holdings Inc ADR

1.22 14.4 Mil
Consumer Cyclical

Analog Devices Inc

1.17 13.8 Mil
Technology

Keurig Dr Pepper Inc

1.16 13.8 Mil
Consumer Defensive

NXP Semiconductors NV

1.15 13.6 Mil
Technology