Pay Attention: QQQE's Dividend Dropped By A Third While QQQ Paid 5 Times More

The Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) doesn't generate income the way traditional dividend ETFs do. With just $1.2 billion in assets and a 0.35% expense ratio, this fund tracks the NASDAQ-100 using equal weighting rather than market cap weighting. That structural difference means each of the 100 holdings gets roughly 1% of the portfolio instead of letting mega-caps dominate. The result is a growth-focused ETF where dividends are secondary. QQQE's dividend payments dropped 31% fro ...