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- Upturn Summary
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Upturn AI Summary
Direxion NASDAQ-100 Equal Weighted Index Shares(QQQE)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QQQE
11/06/2026: QQQE (2-star) is currently NOT-A-BUY. Pass it for now.
QQQE provides investors with exposure to the 100 largest non-financial companies on the Nasdaq by using an equal-weighted methodology, which mitigates the concentration risk common in standard market-cap-weighted tech funds. Its primary strength lies in its diversified approach to the high-growth Nasdaq ecosystem, backed by a reputable issuer. While it serves as a robust tool for long-term growth-oriented portfolios, investors should monitor the performance of mega-cap stocks, as the fund may underperform during periods of narrow, top-heavy market leadership. It is best suited for investors who prefer a balanced growth exposure and are willing to accept the volatility inherent in the technology sector.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | It provides comprehensive exposure to the growth-oriented companies of the NASDAQ-100. |
| Momentum investor | Mixed fit | Equal weighting can sometimes dampen the impact of top-performing momentum stocks. |
| Value investor | Mixed fit | While not a value fund, equal weighting tilts the portfolio slightly away from overvalued mega-caps. |
| Dividend/Income investor | Weak fit | The NASDAQ-100 is not traditionally an income-focused index. |
| Low-risk investor | Weak fit | The fund remains subject to the inherent volatility of the equity market and the tech sector. |
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the NASDAQ-100 who wish to avoid the heavy concentration risk inherent in market-cap-weighted funds.
Suitability
Best suited for long-term investors looking for a diversified strategic growth position.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | The tech-heavy nature of the underlying index inherently carries significant price swings. |
| Market risk | High | As an equity fund, it is fully exposed to broader market downturns. |
| Concentration | Low | The equal-weighting strategy effectively mitigates the risk of any single company dominating the portfolio. |
| Tracking/expense | Low | The fund maintains a reasonable expense ratio and tracking error relative to its benchmark. |
| Liquidity | Low | The fund has sufficient liquidity for most individual investor needs. |
| Business/sector quality | Medium | Exposure is restricted to the NASDAQ-100, which excludes financial institutions. |
Risk Analysis
Volatility
QQQE exhibits volatility commensurate with a tech-heavy index, though equal weighting can occasionally smooth extreme movements.
Market Risk
The fund is fully invested in equities, meaning it carries systemic risk related to the performance of the technology sector and the broader US economy.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | Large-cap US Equities (Nasdaq-100 constituents) | 99.5 | The fund provides diversified exposure to the 100 largest non-financial Nasdaq stocks, reducing the impact of any single mega-cap company. |
| Cash/collateral | Cash and Cash Equivalents | 0.5 | A small portion of the portfolio is held in cash to manage liquidity and daily transaction requirements. |
Analysis of Past Performance
Type ETF | Historic Profit 21.02% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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