For differentiated exposure (equal weighted) to the broader Nasdaq 100 Index, QQEW (First Trust Nasdaq- 100 Equal Weighted Index, Expense Ratio 0.60%) and QQQE (Direxion Nasdaq-100 Equal Weighted Index, Expense Ratio 0.35%) are potential alternatives.
Several leveraged and inverse funds geared to the Nasdaq-100 Index are somewhat popular currently and will likely attract above average activity this earnings season including QID (ProShares UltraShort QQQ, Expense Ratio 0.95%), SQQQ (ProShares UltraPro Short QQQ, Expense Ratio 0.95%), PSQ (ProShares Short QQQ, Expense Ratio 0.95%), TQQQ (ProShares UltraPro QQQ, Expense Ratio 0.95%) and QLD (ProShares Ultra QQQ, Expense Ratio 0.95%) in addition to leveraged/inverse plays in the Technology sector space like TECS (Direxion Daily Technology Bear 3X Shares, Expense Ratio 0.95%) and TECL (Direxion Daily Technology Bull 3X, Expense Ratio 0.95%).
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
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