QQQE: 3 Reasons Why I Would Avoid This ETF

  • Direxion NASDAQ-100\u00ae Equal Weighted Index Shares ETF tracks the Nasdaq-100 Equal Weight Index, offering exposure to all Nasdaq-100 stocks with equal weights. QQQE has a higher expense ratio compared to market cap weighted Nasdaq-100 funds. Since inception, QQQE has delivered substantially lower returns than market cap weighted Nasdaq-100 funds while exhibiting similar levels of volatility.