Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is currently a popular ETF option for investors. The ETF is designed to track the performance of the NASDAQ-100 Equal Weighted Index, providing exposure to a diversified portfolio of large-cap U.S. companies.
One key feature of QQQE is its equal weighting methodology, which ensures that each company in the index has an equal influence on the ETF’s performance. This can help reduce concentration risk and provide a more balanced exposure to the market.
Investors looking for a strong ETF right now may find QQQE appealing due to its focus on large-cap companies in the technology and consumer discretionary sectors. These sectors have shown strong performance in recent years and are expected to continue growing in the future.
Overall, Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) offers a unique investment opportunity for those looking to gain exposure to the NASDAQ-100 Index in a balanced and diversified way.