Subject: Re: Value Fund
How are companies chosen for the Nasdaq-100 index? I'm having difficulty finding out. Is it a rules-based system?
https://www.nasdaq.com/solutio...
"The Nasdaq-100 Index (NDX®) defines today's modern-day industrials'comprised of 100 of the largest and most innovative non-financial companies listed on the Nasdaq Stock Market based on market capitalization."
QQQE is the same list, equal-weighted.
Note that QQQE has distributed capital gains. Might not be a good choice for a US taxable account.
https://www.direxion.com/produ...