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QQQEvsQNXTETF 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
QNXT

iShares Nasdaq-100 ex Top 30 ETF

This fund is part of
US Large Cap
-1.51%
Full QNXT fund page

Direxion NASDAQ-100 Equal Weighted ETF (QQQE) and iShares Nasdaq-100 ex Top 30 ETF (QNXT) belong to the same industry segment: US Large Cap. Both ETFs have the same top 3 sector exposures: Information Technology, Consumer Discretionary and Industrials. QQQE is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.2% for QNXT. QQQE is down -2.35% year-to-date (YTD) with -$71M in YTD flows. QNXT performs worse with -2.54% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of QQQE and QNXT 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 QNXT performance and flow charts

Performance

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

Cumulative Flows

-30,000,000-20,000,000-10,000,000010,000,000Feb 12Feb 20Feb 27Mar 6

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.

Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
QQQE
QNXT
-1.60%-1.82%
-3.08%-3.38%
-2.35%-2.54%
+14.72%+14.36%
+51.78%n/a
+40.99%n/a
Flows
QQQE
QNXT
-$25M-
-$66M-$19K
-$71M-
-$257M+$412K
+$268M-
+$460M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
QQQE
QNXT
+15.00%+15.08%
+20.91%+21.41%
+17.38%n/a
+20.51%n/a
Max drawdown
QQQE
QNXT
-5.98%-5.76%
-15.39%-15.65%
-21.41%n/a
-32.12%n/a
Max drawdown duration
QQQE
QNXT
43d43d
45d45d
129dn/a
793dn/a
Trading data

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QQQE
QNXT
Last sale
3/12/2026 at 1:30 PM
$99.88
$26.86
Previous close
03/12/2026
$102.03
$27.44
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
QNXT
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
QNXT
Last price
$99.88
$26.86
1D performance
-2.11%
-2.13%
AuM$1.12 B$16.12 M
E/R0.35%0.2%
Characteristics
QQQE
QNXT
Management strategyPassivePassive
ProviderDirexioniShares
BenchmarkNASDAQ-100 Equal Weighted IndexNasdaq- 100 ex Top 30 Index
N° of holdings9364
Asset classEquities-
Trailing 12m distribution yield
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Inception dateMarch 21, 2012October 23, 2024
ESGNoNo
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Exposure

Countries

QQQE
USA
92.6%
Other
7.4%
QNXT
USA
93.31%
Other
6.69%

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%
QNXT
Information Techn.
36.71%
Consumer Discreti.
14.8%
Industrials
12.99%
Health Care
8.11%
Other
27.39%
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Diversification

QQQE

Total weight of top 15 holdings out of 15

19.18%
QNXT

Total weight of top 15 holdings out of 15

38.56%

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%
QNXT
ANALOG DEVICES
3.51%
HONEYWELL INTL
3.25%
USN070592100
2.87%
PALO ALTO NETWORKS
2.76%
ADOBE INC
2.75%
VERTEX PHARMACEUTICALS
2.71%
MERCADOLIBRE
2.53%
CROWDSTRIKE HOLDINGS INC
2.51%
STARBUCKS-T
2.40%
COMCAST
2.39%
CONSTELLATION ENERGY CORP
2.34%
AUTOMATIC DATA PROCESSING
2.24%
SEAGATE TECHNOLOGY HOLDINGS PLC
2.15%
WESTERN DIGITAL
2.14%
SYNOPSYS
2.01%
Frequently asked questions about QQQE and QNXT

How have the QQQE and QNXT ETFs performed in 2026?

As of March 12, 2026, QQQE is down -2.35% year-to-date (YTD), while QNXT has lost -2.54%. That puts QQQE better performer ahead so far this year.

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

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

Which ETF is more volatile: QQQE or QNXT?

Over the past year, QQQE had a volatility of 20.91%, while QNXT experienced 21.41%.

Which ETF is bigger: QQQE or QNXT?

As of March 12, 2026, QQQE holds $1.12 B in assets under management (AUM), while QNXT manages $16.12 M.

What sectors do the QQQE and QNXT ETFs invest in?

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

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

QQQE top holdings include MICRON TECHNOLOGY, WESTERN DIGITAL and SEAGATE TECHNOLOGY HOLDINGS PLC. QNXT holds in its top three: ANALOG DEVICES, HONEYWELL INTL and USN070592100.

Which ETF is more diversified: QQQE or QNXT?

QQQE holds 102 securities with 19.18% of its assets in the top 15. QNXT has 70 securities and a top 15 weight of 38.56%.

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