Direxion S&P 500 High minus Low Quality (QMJ) ETF Holdings & Analysis

What QMJ does

The Direxion S&P 500 High minus Low Quality ETF strives to achieve investment performance, prior to the deduction of fees and expenses, that closely mirrors that of the S&P 500 150/50 Quality 0.30% Decrement Index. Under ordinary market conditions, the fund allocates a minimum of 80% of its net assets, supplemented by any borrowed capital for investment, into either the specific securities composing the index's Long Component or into exchange-traded funds designed to track this Long Component. The target index itself is constructed from a portfolio featuring a 150% long allocation to the S&P 500 Quality Index (known as the 'Long Component') alongside a 50% short, or inverse, allocation to the S&P 500 Quality - Lowest Quintile Index (designated as the 'Short Component'). Notably, this investment product is not diversified.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how QMJ fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does QMJ track?

QMJ is the Direxion S&P 500 High minus Low Quality ETF, a Other ETF.

What is the expense ratio of QMJ?

Expense ratio data for QMJ is shown on the page when available from our data provider.

What are the largest holdings in QMJ?

Top holdings include V, WFC, TXN, WMT, UPS.

How can PortView analyze QMJ overlap with other ETFs?

PortView computes the holdings overlap between QMJ and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.