Direxion NASDAQ-100® Equal Wtd ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Direxion NASDAQ-100® Equal Weighted Index Shares QQQE
Morningstar’s Analysis QQQE
Will QQQE outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Marvell Technology Inc | 2.57 | 34M | Technology |
Intel Corp | 2.08 | 27M | Technology |
ARM Holdings PLC ADR | 2.08 | 27M | Technology |
Advanced Micro Devices Inc | 2.00 | 26M | Technology |
Micron Technology Inc | 1.87 | 25M | Technology |
Seagate Technology Holdings PLC | 1.74 | 23M | Technology |
Datadog Inc Class A | 1.54 | 20M | Technology |
Western Digital Corp | 1.49 | 20M | Technology |
Fortinet Inc | 1.44 | 19M | Technology |
SanDisk Corp Ordinary Shares | 1.37 | 18M | Technology |
United States