QQQU Holdings: Direxion Daily Magnificent 7 Bull 2X Top Holdings
NYSEARCA: QQQUDirexion FundsTrading--Leveraged EquityETFUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
QQQU portfolio concentration
The Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) reports 7 holdings. Its biggest position is Microsoft Corp (MSFT) at 6.75% of assets. The top 10 holdings account for 37.8% of the portfolio, a moderately concentrated portfolio.
7 positions carry a weight of 1% or more. Based on the weights listed, QQQU behaves like an equal-weighted fund of about 48 stocks (the inverse Herfindahl index), a measure of how diversified it really is. Holdings and weights change over time as the fund rebalances and as share prices move.
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Summary generated from market data by MetaCap's automated system. Methodology