Related posts

Nervous markets await Nvidia
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE-Q) has garnered a favorable review, particularly for its strategy of providing an equal-weighted exposure to the tech sector while mitigating the risks associated with market cap weighting. An expert suggests a portfolio adjustment by selling half of QQQ and reallocating the proceeds to QQQE, which would retain tech exposure but decrease concentration risks in larger tech firms. This strategy is viewed as a sensible approach in the current market dynamics, offering a blend of potential upside with reduced volatility. Additionally, some experts highlight the existence of ETFs in the Innovator line that offer downside protection with buffer strategies, making them attractive alternatives for conservative investors. Overall, QQQE presents a compelling option for those looking to diversify within the tech space without the heavy weighting of individual market leaders.

Consensus
Positive
Valuation
Fair Value
BUY
Sell half of QQQ and put proceeds here?

Likes that strategy a lot, makes a lot of sense. It would keep the tech exposure, but de-emphasize the weight of the market cap.

In the US, there are some ETFs in the Innovator line. Gives you upside exposure, but contains buffers that protect on the downside for you.

Showing 1 to 1 of 1 entries
  • «
  • 1
  • »

Direxion NASDAQ-100 Equal Weighted Index ETF(QQQE-Q) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Direxion NASDAQ-100 Equal Weighted Index ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Direxion NASDAQ-100 Equal Weighted Index ETF(QQQE-Q) Frequently Asked Questions

What is Direxion NASDAQ-100 Equal Weighted Index ETF stock symbol?

Direxion NASDAQ-100 Equal Weighted Index ETF is a American stock, trading under the symbol QQQE-Q on the NASDAQ (QQQE). It is usually referred to as NASDAQ:QQQE or QQQE-Q

Is Direxion NASDAQ-100 Equal Weighted Index ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about QQQE-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Direxion NASDAQ-100 Equal Weighted Index ETF.

Is Direxion NASDAQ-100 Equal Weighted Index ETF a good investment or a top pick?

Direxion NASDAQ-100 Equal Weighted Index ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Direxion NASDAQ-100 Equal Weighted Index ETF.

Why is Direxion NASDAQ-100 Equal Weighted Index ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Direxion NASDAQ-100 Equal Weighted Index ETF worth watching?

In the last year, there was no coverage of Direxion NASDAQ-100 Equal Weighted Index ETF published on Stockchase.

What is Direxion NASDAQ-100 Equal Weighted Index ETF stock price?

On 2025-05-02, Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE-Q) stock closed at a price of $89.52.