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Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is a passively managed exchange traded fund launched on March 21, 2012.

The Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) made its debut on 03/21/2012, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.

This ETF provides investors with a way to stay invested in the Nasdaq-100 while reducing high-concentration risk.

SpaceX SPCX is poised to become one of the fastest additions ever to the Nasdaq-100 index, triggering a new wave of demand from passive investors less than a month after its blockbuster public market debut. Nasdaq announced after the close on June 26, 2026 that SpaceX qualifies for inclusion in the technology-heavy benchmark.

Direxion NASDAQ-100 Equal Weighted Index ETF remains a buy over Invesco QQQ ETF, which is rated hold, due to defensive and uncorrelated exposure. QQQE's recent outperformance was driven by mid-tier growth, biotech, and lower hyperscaler concentration, despite a market regime that did not favor defensiveness. QQQ's concentrated semis exposure, especially in Micron and Nvidia, raises drawdown risks and lacks the…