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-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. ... and the Invesco QQQ (QQQ) track a similar index.

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 most popular Nasdaq ETF is the Invesco QQQ ETF, and there is a good case to be made to buy it now. There's an equal-weight Nasdaq ETF that I'm more comfortable with. I recently bought the Ark ...

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.