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...