Most investors know that QQQ mirrors the tech-focused, cap-weighted Nasdaq 100 Index. QQQE is an equal weight version of that famous index sponsored and administered by Direxion Shares ETF Trust.

The Nasdaq is officially in correction territory, with the Nasdaq-100 index about 13% below its recent high as of this ...

The NASDAQ-100 Equal Weighted Index consists of companies in the NASDAQ-100 Index but each of the securities is initially set at a weight of 1. ... Index and the Invesco QQQ (QQQ) tracks NASDAQ ...

Importantly, the Index is equal-weighted, so the difference between QQXT and the Invesco QQQ Trust ETF (QQQ) is substantial. My analysis reveals only 34.12% overlap by weight between the two ETFs.

The following are the pivot points for the Invesco QQQ Trust (QQQ). Pivot High: $483.83, Pivot Low: $476.39. These were calculated using the ...

While the Nasdaq-100 components make up more than 90% of the weight of the ... the Nasdaq itself, the QQQ and QQQM funds are market-cap weighted, but the QQQE fund is equal weighted.