Published on 6 May 2024 on Zacks via Yahoo Finance
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE), a passively managed exchange traded fund launched on 03/21/2012.
The fund is sponsored by Direxion. It has amassed assets over $1.19 billion, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market.