AUM $10.1MER 0.36%NAV $70.24Holdings 23Inception Feb 2020
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
$68.44$68.44
Avg Volume
3.3KDividend Yield
—Expense Ratio
0.36%AUM
$10.1MShares Outstanding
143.5KSector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 32.39% |
| Technology | 27.03% |
| Healthcare | 11.70% |
| Industrials | 10.83% |
| Consumer Defensive | 9.94% |
| Consumer Cyclical | 4.85% |
| Basic Materials | 2.23% |
| Energy | 0.56% |
| Real Estate | 0.31% |
| Communication Services | 0.15% |
| Cash & Others | 0.01% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 97.40% |
| Ireland | 2.60% |
Fund Information
- Issuer
- Direxion
- Category
- Financial Services
- Inception Date
- Feb 5, 2020
- Description
- The investment seeks investment results, before fees and expenses, that track the S&P 500Â 150/50 Quality 0.30% Decrement Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities that comprise the Long Component of the index or shares of exchange-traded funds ("ETFs") on the Long Component of the index. The index consists of a portfolio that has 150% long exposure to the S&P 500Â Quality Index (the "Long Component") and 50% short (or inverse) exposure to the S&P 500Â Quality - Lowest Quintile Index (the "Short Component"). It is non-diversified.
Similar ETFs
The Direxion S&P 500 High minus Low Quality ETF (QMJ) is an exchange-traded fund issued by Direxion that launched on Feb 5, 2020. It currently manages $10.1M in assets under management. The fund charges an expense ratio of 0.36%. The fund holds 23 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 81.4% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | V | VISA INC-CLASS A SHARES | 16.71% | 921 | $207K |
| 2 | WFC | WELLS FARGO & CO | 11.23% | 3,001 | $139K |
| 3 | TXN | TEXAS INSTRUMENTS INC | 9.77% | 614 | $121K |
| 4 | WMT | WALMART INC | 9.20% | 784 | $114K |
| 5 | UPS | UNITED PARCEL SERVICE-CL B | 7.52% | 482 | $93K |
| 6 | SPGI | S&P GLOBAL INC | 7.16% | 195 | $89K |
| 7 | TGT | TARGET CORP | 6.33% | 317 | $78K |
| 8 | USB | US BANCORP | 5.03% | 1,089 | $62K |
| 9 | TJX | TJX COMPANIES INC | 4.27% | 749 | $53K |
| 10 | ZTS | ZOETIS INC | 4.15% | 253 | $51K |
| 11 | SHW | SHERWIN-WILLIAMS CO/THE | 3.40% | 141 | $42K |
| 12 | TT | TRANE TECHNOLOGIES PLC | 2.60% | 173 | $32K |
| 13 | VRTX | VERTEX PHARMACEUTICALS INC | 2.30% | 152 | $28K |
| 14 | ROST | ROSS STORES INC | 2.20% | 239 | $27K |
| 15 | TROW | T ROWE PRICE GROUP INC | 2.19% | 126 | $27K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | — | |
| 1M | — | |
| 3M | — | |
| 6M | — | |
| YTD | — | |
| 1Y | +0.00% | |
| 3Y | +0.00% | |
| 5Y | +9.00% |
Moving Averages
20-Day MA
—
50-Day MA
—
200-Day MA
—
Price with Moving Averages
Support & Resistance
52-Week High
$68.44
Current Price
$68.44
52-Week Low
$68.44
$68.44$68.44
Current Yield
—
Annual Dividend
$0.7141
Frequency
4x/year
Last Ex-Date
Jun 22, 2021
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 22, 2021 | $0.2351 | Jun 29, 2021 |
| Mar 23, 2021 | $0.0958 | Mar 30, 2021 |
| Dec 22, 2020 | $0.2117 | Dec 30, 2020 |
| Sep 22, 2020 | $0.1715 | Sep 29, 2020 |
| Jun 23, 2020 | $0.2009 | Jun 30, 2020 |
| Mar 24, 2020 | $0.1613 | Mar 31, 2020 |
Dividend Payments Over Time
Category Comparison
| Metric | QMJ | Financial Services(805 ETFs) | S&P 500(474 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.36% | 0.68% | 0.76% |
| AUM | $10.1M | $3.95B | $9.19B |
| Dividend Yield | — | 4.64% | 3.95% |
| Avg Volume | 3.3K | 805.2K | 994.3K |
| Holdings | 23 | 295 | 90 |
| Performance | |||
| 1-Month Return | — | +4.86% | +4.21% |
| 6-Month Return | — | +5.03% | +3.76% |
| YTD Return | — | +4.37% | +3.08% |
| 1-Year Return | — | +21.51% | +19.71% |
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