QQQE Direxion NASDAQ-100 Equal Weighted Index ETF Loading...

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19:12
Jul 27
Cinthia Murphy Investment Strategist, TMX Bloomberg Markets
Equal-weight outperforms on broadening market.
Market broadening and stronger forward earnings growth in the 493 non-Mega-Cap stocks are driving outperformance of equal-weight indexes this year. If leadership remains broad, equal-weight ETFs could continue to make an impression, but the trade reverses quickly when leadership narrows again.
QQQE
MED

About QQQE Analyst Coverage

Buzzberg tracks QQQE (Direxion NASDAQ-100 Equal Weighted Index ETF) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Past 7 days: 1 watch. Latest voices: Cinthia Murphy.