BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

QNXTvsQQQEETF Comparison

ETF 1

QNXT

iShares Nasdaq-100 ex Top 30 ETF

This fund is part of

US Large Cap

+0%

Full QNXT fund page

VS

ETF 2

QQQE

Direxion NASDAQ-100 Equal Weighted ETF

This fund is part of

US Large Cap

+0%

Full QQQE fund page

iShares Nasdaq-100 ex Top 30 ETF (QNXT) and Direxion NASDAQ-100 Equal Weighted ETF (QQQE) belong to the same industry segment: US Large Cap. Both ETFs have the same top 3 sector exposures: Information Technology, Consumer Discretionary and Industrials. QNXT is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.35% for QQQE. QNXT is up 3.31% year-to-date (YTD) with +$7K in YTD flows. QQQE performs better with 4.86% YTD performance, and -$74M in YTD flows. Run a side-by-side ETF comparison of QNXT and QQQE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

QNXT vs QQQE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QNXT QQQE	+10.93%+11.48%	+1.02%+0.97%	+3.31%+4.86%	+20.36%+23.82%	n/a+54.42%	n/a+42.93%
Flows	QNXT QQQE	--$37M	+$7K-$37M	+$7K-$74M	-$21K-$251M	-+$169M	-+$457M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QNXT QQQE	+17.98%+17.80%	+15.53%+14.71%	n/a+17.43%	n/a+20.51%
Max drawdown	QNXT QQQE	-9.00%-9.43%	-10.19%-9.43%	n/a-21.41%	n/a-32.12%
Max drawdown duration	QNXT QQQE	77d78d	176d78d	n/a129d	n/a793d

Trading data

Create an account to view trading data

Join for free

	QNXT	QQQE
Last sale 4/30/2026 at 3:41 PM	$28.64	$110.18
Previous close 04/29/2026	$28.42	$109.51
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 29, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	QNXT	QQQE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/30/2026 at 3:41 PM

Live

Closed

	QNXT	QQQE
Last price	$28.64	$110.18
1D performance	+0.79%	+0.62%
AuM	$17.06 M	$1.20 B
E/R	0.2%	0.35%

Characteristics

	QNXT	QQQE
Management strategy	Passive	Passive
Provider	iShares	Direxion
Benchmark	Nasdaq- 100 ex Top 30 Index	NASDAQ-100 Equal Weighted Index
N° of holdings	65	93
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 23, 2024	March 21, 2012
ESG	No	No

More QNXT data on Trackinsight

More QQQE data on Trackinsight

Exposure

Countries

QNXT

USA

93.77%

Other

6.23%

QQQE

USA

92.97%

Other

7.03%

Sectors

QNXT

Information Techn.

37.09%

Consumer Discreti.

17.35%

Industrials

9.55%

Health Care

8%

Other

28.01%

QQQE

Information Techn.

38.14%

Consumer Discreti.

11.1%

Industrials

9.96%

Health Care

9.08%

Communication Ser.

9.01%

Consumer Staples

8.28%

Other

14.43%

Diversification

QNXT

Total weight of top 15 holdings out of 15

37.27%

QQQE

Total weight of top 15 holdings out of 15

16.1%

Top 15 holdings

Data as of March 31, 2026

QNXT

BOOKING HOLDINGS

3.13%

PALO ALTO NETWORKS

3.06%

APPLOVIN

2.86%

INTUIT

2.80%

USN070592100

2.72%

VERTEX PHARMACEUTICALS

2.65%

COMCAST

2.41%

STARBUCKS-T

2.39%

CONSTELLATION ENERGY CORP

2.37%

ADOBE INC

2.34%

CROWDSTRIKE HOLDINGS INC

2.30%

WESTERN DIGITAL

2.15%

MERCADOLIBRE

2.05%

MARRIOTT INTL

2.03%

MARVELL TECHNOLOGY

2.02%

QQQE

US0420682058

1.11%

MARVELL TECHNOLOGY

1.10%

INSMED

1.09%

CONSTELLATION ENERGY CORP

1.09%

DIAMONDBACK ENERGY

1.08%

BAKER HUGHES

1.07%

EXELON CORP

1.07%

PINDUODUO INC ADR

1.07%

CSX

1.07%

MONDELEZ INTERNATIONAL INC

1.06%

O'REILLY AUTOMOTIVE

1.06%

CHARTER COMMUNICATIONS INC(NEW)

1.06%

WALMART INC

1.06%

AMERICAN ELECTRIC POWER

1.06%

CISCO-T

1.05%

Frequently asked questions about QNXT and QQQE

How have the QNXT and QQQE ETFs performed in 2026?

As of April 29, 2026, QNXT is up 3.31% year-to-date (YTD), while QQQE has returned 4.86%. That puts QQQE better performer ahead so far this year.

Which ETF is attracting more investor money: QNXT or QQQE?

Year-to-date, the QNXT ETF saw +$7K in flows, compared to -$74M for QQQE.

Which ETF is more volatile: QNXT or QQQE?

Over the past year, QNXT had a volatility of 15.53%, while QQQE experienced 14.71%.

Which ETF is bigger: QNXT or QQQE?

As of April 29, 2026, QNXT holds $17.06 M in assets under management (AUM), while QQQE manages $1.20 B.

What sectors do the QNXT and QQQE ETFs invest in?

QNXT leans toward sectors like Information Technology, Consumer Discretionary and Industrials. Meanwhile, QQQE focuses on Information Technology, Consumer Discretionary and Industrials.

QNXTvsQQQEETF Comparison

iShares Nasdaq-100 ex Top 30 ETF

Direxion NASDAQ-100 Equal Weighted ETF

QNXT vs QQQE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the QNXT and QQQE ETFs performed in 2026?

As of April 29, 2026, QNXT is up 3.31% year-to-date (YTD), while QQQE has returned 4.86%. That puts QQQE better performer ahead so far this year.

Which ETF is attracting more investor money: QNXT or QQQE?

Year-to-date, the QNXT ETF saw +$7K in flows, compared to -$74M for QQQE.

Which ETF is more volatile: QNXT or QQQE?

Over the past year, QNXT had a volatility of 15.53%, while QQQE experienced 14.71%.

Which ETF is bigger: QNXT or QQQE?

As of April 29, 2026, QNXT holds $17.06 M in assets under management (AUM), while QQQE manages $1.20 B.

What sectors do the QNXT and QQQE ETFs invest in?

QNXT leans toward sectors like Information Technology, Consumer Discretionary and Industrials. Meanwhile, QQQE focuses on Information Technology, Consumer Discretionary and Industrials.

What are the top holdings of the QNXT ETF and QQQE ETF?

QNXT top holdings include BOOKING HOLDINGS, PALO ALTO NETWORKS and APPLOVIN. QQQE holds in its top three: US0420682058, MARVELL TECHNOLOGY and INSMED.

Which ETF is more diversified: QNXT or QQQE?

QNXT holds 71 securities with 37.27% of its assets in the top 15. QQQE has 101 securities and a top 15 weight of 16.1%.

Calamos Investments Powers the Next Phase of the Autocallable Revolution