Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Performance
QQQE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.1% since Dec 31, 2025
- 1 year
- +13.9% total return
- 5 years
- +8.5% a year
- 10 years
- +15.0% a year
- Since first price
- +14.4% a year since 2012
QQQE trailing returns vs SPY, QQQ, AGG
| Period | QQQE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.1% | −3.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.0% | +0.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.0% | +8.7% | +7.8% | +8.4% | −1.5% |
| YTD | +15.1% | +14.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.9% | +13.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +65.0%+18.2%/yr | +61.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +50.7%+8.5%/yr | +35.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +303.8%+15.0%/yr | +249.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMar 21, 2012 | +610.4%+14.4%/yr | +485.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQQE vs SPY
From Mar 21, 2012: QQQE grew to $71,039, SPY to $69,634.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQE returns by calendar year
11 of 13 full years positive. Best 2013 (+43.2%), worst 2022 (−24.5%). 2026 is year to date.
QQQE annual returns table
| Year | QQQE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.1% | −9.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.6% | −21.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.0% | −10.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +33.8% | −12.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −24.5% | −30.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +22.4% | −10.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +37.9% | −30.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +36.4% | −10.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.4% | −20.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +26.5% | −4.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +7.2% | −13.7% | +12.0% | +7.1% | +2.4% |
| 2015 | +2.7% | −13.3% | +1.2% | +9.4% | +0.5% |
| 2014 | +19.4% | −8.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +43.2% | −5.3% | +32.3% | +36.6% | −2.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQQE largest drawdowns
Now 5.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −31.2% | Oct 14, 2022 | Dec 26, 2023 | 10 months | 2.0 years |
| Feb 19, 2020 | −30.9% | Mar 20, 2020 | Jun 5, 2020 | 30 days | 4 months |
| Feb 18, 2025 | −21.4% | Apr 8, 2025 | Jun 30, 2025 | 49 days | 4 months |
| Aug 29, 2018 | −20.1% | Dec 24, 2018 | Mar 19, 2019 | 4 months | 7 months |
| Jun 22, 2015 | −18.6% | Feb 8, 2016 | Jul 28, 2016 | 8 months | 1.1 years |
| Mar 26, 2012 | −13.5% | Jun 1, 2012 | Jan 11, 2013 | 2 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +18.0% | +10.1% | +15.1% | +14.7% |
| Volatility (annualized) | 15.2% | 18.1% | 17.3% | 16.2% |
| Sharpe ratio | 0.88 | 0.42 | 0.77 | 0.83 |
| Sortino ratio | 1.68 | 0.67 | 1.27 | 1.39 |
| Best month | +11.1% | +11.1% | +13.9% | +13.9% |
| Worst month | −6.1% | −10.6% | −10.6% | −10.6% |
| Best 12 months | +28.3% | +33.8% | +66.4% | +66.4% |
| Worst 12 months | −1.6% | −24.5% | −24.5% | −24.5% |
| Positive months | 67% | 58% | 63% | 62% |
| Beta vs S&P 500 | 1.13 | 1.09 | 1.06 | — |
| Correlation with S&P 500 | 0.92 | 0.94 | 0.94 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQQE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 164 | −24.5% | +17.1% | +66.4% | 87% |
| 3-year (a year) | 140 | +2.6% | +14.0% | +32.1% | 100% |
| 5-year (a year) | 116 | +7.4% | +13.8% | +22.6% | 100% |
| 10-year (a year) | 56 | +12.0% | +14.1% | +16.3% | 100% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
QQQE performance overview
Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) returned +13.9% over the past year and +15.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +14.4% a year, turning $10,000 into about $71,039. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.2%, from Dec 27, 2021 to Oct 14, 2022, and it took 1.2 years to get back to the old high. QQQE finished 11 of its 13 full calendar years with a gain; the best year was 2013 (+43.2%) and the worst 2022 (−24.5%). Volatility has been 16.2% a year.
Related: QQQE chart, QQQE holdings, QQQE dividends, QQQE valuation. See the QQQE overview for the latest quote and fund facts.
QQQE performance FAQ
What is the QQQE return over the past year?
QQQE returned +13.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.2%.
What is the average annual return of QQQE?
QQQE has returned +8.5% a year over 5 years, +15.0% a year over 10 years, +14.4% a year since March 21, 2012 (total return, distributions reinvested).
How much would $10,000 invested in QQQE be worth?
$10,000 invested in QQQE at its first recorded close on March 21, 2012 would be worth about $71,039 on October 23, 2026 with distributions reinvested.
What was the worst year for QQQE?
The worst calendar year was 2022, with a total return of −24.5%. The best was 2013 at +43.2%.
What is the biggest drawdown of QQQE?
The largest peak-to-trough decline was −31.2% between December 27, 2021 and October 14, 2022. It recovered to the old high on December 26, 2023, 1.2 years after the bottom.
How volatile is QQQE?
Over the past 3 years QQQE had an annualized volatility of 15.2% and a Sharpe ratio of 0.88 (excess return over 1–3 month T-bills per unit of risk).