QQQE: Nasdaq-100 ETF With Low Company Risk And Value Tilt

Fred PiardInvesting Group LeaderFollow5ShareSavePlay(6min)CommentsSummaryDirexion NASDAQ-100 Equal Weighted Index Shares ETF (QQQE) offers equal-weighted exposure to Nasdaq-100 companies, reducing company-specific risk and sector concentration.QQQE provides better value characteristics than QQQ, with lower valuation ratios and less exposure to mega-cap technology stocks.Despite lower volatility and risk, QQQE has significantly underperformed QQQ, especially in recent years, making it less compelling as a long-term core holding.QQQE stands out over its closest peer, QQEW, due to lower fees, higher liquidity, and superior historical performance, though it is best suited for tactical allocations when mega caps are overextended.Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here » Shutter2U/iStock via Getty Images Strategy Direxion NASDAQ-100 Equal Weighted Index Shares ETF (QQQE) was launched on 3/21/2012 and tracks the NASDAQ-100® Equal Weighted Index. QQQE has a portfolio of 101 stocks, a 12-month trailing yield of 0.63% and anThis article was written byFred Piard16.38K FollowersFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.