QQQE ETF — Direxion NASDAQ-100 Equal Weighted Index Shares

Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)

QQQE is an ETF. its distribution rate is 0.64%, its trailing-12-month yield is 0.58%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 89/100 (Safe). Total return is 613.3% over the past 14.5 years, 15.4 points ahead of SPY at 597.9%.

At the current 0.64% distribution rate, a $10,000 investment would generate approximately $64 per year, or about $16.00 per quarter if the next payment matches the last regular one.

Direxion NASDAQ-100 Equal Weighted Index Shares is an ETF that tracks an equal-weighted version of the NASDAQ-100 Index, holding approximately 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock market. The fund carries a modest current distribution rate, distributes quarterly, and has an expense ratio of 0.35%. It appeals to equity investors seeking broad exposure to large-cap technology and growth-oriented companies with a different weighting approach than traditional market-cap-weighted indexes.

QQQE performance versus SPY

Price and return data through 2026-09-18.

Total return is 613.3% over the past 14.5 years, 15.4 points ahead of SPY at 597.9%. Over the past year its total return — price change plus distributions reinvested — is 17.5%. Its deepest 1-year drawdown was 9.4%.

QQQE key facts

Distribution Safety Score™

89 · Safe

Safety-Adjusted Yield

0.57%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

03/21/2012

Expense ratio

0.35%

Distribution rate

0.64%

Distribution frequency

Quarterly

Trailing yield

0.58%

Last close

$117.82 (as of 2026-09-18)

NAV

$117.85

Premium / discount

0.03% discount

AUM

$1,388,063,437

Average volume

182500.0

Last dividend

$0.189

Last ex-dividend date

06/23/2026 (as of 2026-06-23)

Last payment date

06/30/2026 (as of 2026-06-30)

Beta

1.1

P/E ratio

27.8605

How Dividend Vision calculates yield and returns

Distribution rate (0.64%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.58%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QQQE risks and drawbacks

QQQE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.4%.

Who may consider QQQE — and who may not

QQQE may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (QQQE pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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