Description: The traditional cap-weighted NASDAQ-100 index currently has a significant overweighting to a select number of companies, and a heavy bias toward the technology sector, based on the market capitalization of these few companies. Larger companies in the index receive a higher weight than small companies, which can lead to a portfolio with an over concentration in a limited number of companies and industries. The Direxion NASDAQ-100 Equal Weighted Index Shares Fund utilizes a methodology that weights the holdings of the index equally, regardless of market capitalization or industry. This provides investors with a cost-effective approach to an equal-weighted investment strategy, with performance less reliant on the largest companies.
|ATVI||Activision Blizzard Inc||0%|
|ADBE||Adobe Systems Incorporated||0%|
Data is provided by Zacks Investment Research