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QQQEvsFLRGETF Comparison

ETF 1
QQQE

Direxion NASDAQ-100 Equal Weighted ETF

This fund is part of
US Large Cap
-1.51%
Full QQQE fund page
VS
ETF 2
FLRG

Fidelity US Multifactor ETF

This fund is part of
US Multi-Factor
-1.2%
Full FLRG fund page

Direxion NASDAQ-100 Equal Weighted ETF (QQQE) belongs to the US Large Cap segment. Fidelity US Multifactor ETF (FLRG) is part of the US Multi-Factor segment. QQQE's top 3 sector exposures are Information Technology, Consumer Discretionary and Industrials. In contrast, FLRG's top sector exposures are Information Technology, Communication Services and Financials. QQQE is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.15% for FLRG. QQQE is down -2.35% year-to-date (YTD) with -$71M in YTD flows. FLRG performs better with -1.17% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of QQQE and FLRG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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QQQE vs FLRG performance and flow charts

Performance

-2.0-1.00.01.02.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

-40 M-20 M0 M20 M40 MFeb 12Feb 20Feb 27Mar 6

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

Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
QQQE
FLRG
-1.60%-1.35%
-3.08%-1.63%
-2.35%-1.17%
+14.72%+15.85%
+51.78%+66.73%
+40.99%+81.29%
Flows
QQQE
FLRG
-$25M-$2M
-$66M+$88K
-$71M-$2M
-$257M+$35M
+$268M+$195M
+$460M+$210M
Volatility and drawdown
3M1Y3Y5Y
Volatility
QQQE
FLRG
+15.00%+10.29%
+20.91%+15.92%
+17.38%+13.46%
+20.51%+15.26%
Max drawdown
QQQE
FLRG
-5.98%-3.61%
-15.39%-11.50%
-21.41%-16.74%
-32.12%-20.04%
Max drawdown duration
QQQE
FLRG
43d43d
45d38d
129d154d
793d604d
Trading data

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QQQE
FLRG
Last sale
3/12/2026 at 1:30 PM
$99.88
$37.51
Previous close
03/12/2026
$102.03
$37.85
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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QQQE
FLRG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
QQQE
FLRG
Last price
$99.88
$37.51
1D performance
-2.11%
-0.90%
AuM$1.12 B$266.42 M
E/R0.35%0.15%
Characteristics
QQQE
FLRG
Management strategyPassivePassive
ProviderDirexionFidelity
BenchmarkNASDAQ-100 Equal Weighted IndexFidelity U.S. Multifactor Index
N° of holdings93101
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMarch 21, 2012September 15, 2020
ESGNoNo
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Exposure

Countries

QQQE
USA
92.6%
Other
7.4%
FLRG
USA
96.47%
Other
3.53%

Sectors

QQQE
Information Techn.
39.63%
Consumer Discreti.
10.69%
Industrials
9.99%
Health Care
8.68%
Communication Ser.
8.56%
Consumer Staples
7.89%
Other
14.57%
FLRG
Information Techn.
37.52%
Communication Ser.
10.29%
Financials
10.22%
Health Care
10.01%
Consumer Discreti.
9.47%
Industrials
7.56%
Other
14.92%
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Diversification

QQQE

Total weight of top 15 holdings out of 15

19.18%
FLRG

Total weight of top 15 holdings out of 15

44.11%

Top 15 holdings

Data as of January 31, 2026
QQQE
MICRON TECHNOLOGY
1.58%
WESTERN DIGITAL
1.50%
SEAGATE TECHNOLOGY HOLDINGS PLC
1.45%
US5128073062
1.35%
USN070592100
1.30%
INTEL-T
1.28%
APPLIED MATERIAL
1.27%
KLA CORPORATION
1.26%
BAKER HUGHES
1.23%
MICROCHIP TECHNOLOGY
1.20%
MONOLITHIC POWER SYSTEMS
1.19%
TEXAS INSTRUMENTS
1.19%
ADVANCED MICRO DEVICES
1.15%
ANALOG DEVICES
1.12%
MERCADOLIBRE
1.10%
FLRG
NVIDIA
7.51%
APPLE
6.22%
MICROSOFT-T
5.70%
ALPHABET INC-CL
5.69%
BROADCOM LIMITED
2.68%
META PLATFORMS
2.37%
NEWMONT CORP
2.23%
JOHNSON&JOHNSON
1.89%
VISA INCORPORATION
1.59%
ABBVIE
1.46%
HOME DEPOT
1.41%
LOCKHEED MARTIN
1.37%
MASTERCARD
1.36%
MUELLER INDUSTRIES
1.35%
UTD THERAPEUT
1.29%
Frequently asked questions about QQQE and FLRG

How have the QQQE and FLRG ETFs performed in 2026?

As of March 12, 2026, QQQE is down -2.35% year-to-date (YTD), while FLRG has lost -1.17%. That puts FLRG better performer ahead so far this year.

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

Year-to-date, the QQQE ETF saw -$71M in flows, compared to -$2M for FLRG.

Which ETF is more volatile: QQQE or FLRG?

Over the past year, QQQE had a volatility of 20.91%, while FLRG experienced 15.92%.

Which ETF is bigger: QQQE or FLRG?

As of March 12, 2026, QQQE holds $1.12 B in assets under management (AUM), while FLRG manages $266.42 M.

What sectors do the QQQE and FLRG ETFs invest in?

QQQE leans toward sectors like Information Technology, Consumer Discretionary and Industrials. Meanwhile, FLRG focuses on Information Technology, Communication Services and Financials.

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

QQQE top holdings include MICRON TECHNOLOGY, WESTERN DIGITAL and SEAGATE TECHNOLOGY HOLDINGS PLC. FLRG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: QQQE or FLRG?

QQQE holds 102 securities with 19.18% of its assets in the top 15. FLRG has 101 securities and a top 15 weight of 44.11%.

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