Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is a technology-hardware ETF. As of October 9, 2026, ETF Copilot scores QQQE 6.2 out of 10 — highest on Growth (8.0), lowest on Risk (4.0). It trades at 27.6 times earnings, against its own median of 26.5. Its ten largest holdings are 12% of the fund.
What stands out in QQQE's data
An equal-weighted basket of the Nasdaq-100's largest names.
Its recent returns trail most peers — a reminder that equal weighting can lag when giants lead.
Returned 18% annualized over three years, behind the category median of 34%. Return on equity of 24.5% is a bright spot, but trailing P/E multiple of 27.6x keeps the price high.
Spreads tech exposure evenly across the Nasdaq-100, reducing the weight of any single giant.
How is QQQE rated? ETF Copilot scores Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) 6.2 out of 10
As of October 9, 2026, ETF Copilot scores Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) 6.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.2 / 10
- Growth: 8.0 / 10
- Value: 4.5 / 10
- Risk: 4.0 / 10
- Quality: 6.7 / 10
- Return: 6.6 / 10
Is QQQE expensive right now? It trades at 27.6 times earnings, against its own median of 26.5
As of October 9, 2026, QQQE is more expensive than 65% of its own 115 monthly readings since 2017 — 75 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside QQQE? 46% Tech
What's inside QQQE: Size (Large 98%, Mid 2%, Small 0%); Geography (International 12%, US 88%); Tech 45.8%; Magnificent 7 7.5%; AI 16.4%; Semiconductors 21.3%; Memory 14.9%.
What are QQQE's top holdings? The ten largest are 12% of the fund
Advanced Micro Devices, Marvell Technology, Astera Labs, Intel, Facebook, Arm, Lumentum, Teradyne, Space Exploration Techn and MicroStrategy are QQQE's largest holdings, in that order.
Less concentrated than 98% of Tech Hardware ETFs.
Half of QQQE's weight sits in its 46 largest positions, and once those weights are taken into account it behaves like 98 equally weighted holdings.
What is QQQE's expense ratio? 0.35% a year
As of October 9, 2026, QQQE charges 0.35% a year, yields 0.58% and holds $1.4B in assets across 100 positions.
| Measure | QQQE |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 0.58% |
| Assets under management | $1.4B |
| Holdings | 100 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/qqqe
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