March 21, 2012 at 14:40 PM EDT
Direxion’s New Equal-Weight Nasdaq 100 ETF
Direxion, an exchange traded fund provider known for its leveraged and inverse investment strategies, launched an equal-weight Nasdaq-100 ETF Wednesday. Direxion NASDAQ-100 Equal Weighted Index Shares (NYSEArca: QQQE) has an expense ratio of 0.35%. [Technology ETF Spotlight: Nasdaq-100] The fund...
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