QQQEDirexion NASDAQ-100 Equal Weighted Index Shares

Grow my money14y track recordRanked #394 of 2,960 in this goal

Tracks the NASDAQ-100 Equal Weighted Index before fees and expenses.

By Direxion Funds · Launched 2012

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$1.4B

#948 of 5,562 · large

Return (1Y)Goal

+28.8%

Track Record

14 years

#996 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,685+26.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index enhanced

Index tracked

Nasdaq-100 Equal Weighted Index

What it actually holds

By weight

Concentration

Top 10 holdings = 12.5% of fund✓ well diversified

Advanced Micro Devices Inc.

1.6%

Micron Technology Inc.

1.3%

Intel Corporation

1.3%

Marvell Technology Inc

1.2%

Lam Research Corporation

1.2%

Applied Materials Inc.

1.2%

Intuitive Surgical Inc.

1.2%

Arm Holdings PLC

1.2%

Datadog Inc

1.1%

Warner Bros. Discovery Inc.

1.1%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

51.0%

Consumer Cyclical

9.8%

Industrials

9.3%

Communication

8.4%

Healthcare

7.8%

Consumer Defensive

7.0%

Utilities

3.4%

Energy

1.7%

Other

1.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.5%Moderate

Year-on-year price swings

Max drawdown

-32.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.81Decent risk-adjusted returns

Sortino (3Y)

1.18Good downside protection

Where to buy

Listing

Exchange: NYSE Arca, NASDAQ Global Select Market

Full fund details

Objective: Tracks the NASDAQ-100 Equal Weighted Index before fees and expenses.
Strategy: Invests primarily in securities that comprise the Index, using a passive approach to replicate the Index. The Fund may hold a representative sample of securities and will rebalance its portfolio when the Index rebalances, concentrating in industries as the Index does.
Inception date: March 21, 2012
Fund family: Direxion Funds