Summary
Direxion NASDAQ-100 Equal Weighted Index ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 102. The ten largest make up 12% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $1.44B
- Positions
- 102
- Dividend yield
- 0.59%
- Running since
- 2012
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.43%).
- Widely spread: the ten largest positions make up only 12% of the fund.
- A large fund with $1.44B under management.
- Easy to buy and sell: about $21.3M changes hands a day.
- Average yearly growth over the last ten years: 14%.
- It has been running since 2012.
What to watch
- 45% of the fund is in one sector (Technology).
- 88% of the fund is in one country (United States).
- In the last five years its price once dropped by 35% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.7%
- 3 months
- +2.1%
- This year
- +17%
- 1 year
- +16%
- 3 years
- +69%
- 5 years
- +37%
- 10 years
- +258%
- Avg. market cap
- $426.5B
- P/E
- 29.8x
- Forward P/E
- 24.9x
- P/S
- 4.4x
- P/B
- 5.4x
- P/FCF
- 25.5x
- EV/EBITDA
- 21.2x
- Dividend yield
- 1.15%
- ROIC
- 12.8%
- ROE
- 26.3%
- Gross margin
- 52.9%
- Operating margin
- -19.0%
- Net margin
- -117.3%
- Payout ratio
- 34.2%
- Net debt/EBITDA
- 1.9x
- Beta
- 1.08
Weighted average of the 50 largest companies, which make up 55% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ISIntuitive Surgical ISRG 1.2%
- 2 MAMarriott International, Inc. MAR 1.2%
- 3 WMWalmart WMT 1.2%
- 4 TRThomson Reuters Corporation TRI 1.2%
- 5 SHShopify SHOP 1.2%
- 6 MRModerna MRNA 1.2%
- 7 MEMeta META 1.2%
- 8 CTCintas Corporation CTAS 1.1%
- 9 KDKeurig Dr Pepper Inc. KDP 1.1%
- 10 AAApple AAPL 1.1%
Positions in the fund: 102. The ten largest make up 12% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 45%
- Industrials 13%
- Healthcare 10%
- Consumer cyclical 10.0%
- Consumer defensive 7.4%
- Other 14%
By country
- United States 88%
- Netherlands 3.8%
- United Kingdom 3.0%
- Canada 2.3%
- Other countries 2.8%
By company size
- Mega cap 29%
- Large cap 71%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (45%). Largest country: United States (88%). Largest size group: Large cap (71%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
Growing over the long run- A year on average, 10 years
- +14%
- Deepest drop
- -35%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 14%. Deepest drop in these years: 35% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.59%
- Payments a year
- 4
- Last payment
- $0.17
Over the last 12 months it paid $0.70 per share, which is 0.59% of today's price. The last payment was $0.17 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $21.3M
- Shares a day
- 178K
On an average day about $21.3M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 29.8
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 13%
- Fairly valued 13%
- Overvalued 74%
On average the companies inside trade for 29.8 times their yearly profit. By Fair Price, 74% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 55% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
QE QEW Invesco QQQ Equal Weight ETF | United States | 0.25% | $2.59M | - | Pays out | 99% |
WE WEBA.DE Amundi US Tech 100 Equal Weight UCITS ETF DR - USD | Ireland | 0.07% | $47.3M | +20% | Pays out | 82% |
QN QNXT iShares Nasdaq-100 ex Top 30 ETF | United States | 0.20% | $27.8M | +11% | Pays out | 63% |
QQ QQXT First Trust NASDAQ-100 Ex-Technology Sector Index Fund | United States | 0.57% | $1.10B | +1.8% | Pays out | 55% |
XQ XQQI NEOS Boosted Nasdaq-100 High Income ETF | United States | 0.98% | $7.57M | - | Pays out | 53% |
QQ QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | United States | 0.68% | $373.1M | -2.5% | Pays out | 53% |