Here's 1 Nasdaq ETF to Consider Even as the Index Enters Into a Bear Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
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Source: NASDAQ.COM
Bear Market Status: The Nasdaq Composite has officially entered bear territory, dropping approximately 24% from its December high, largely influenced by President Trump's new tariff plan affecting tech-related imports.
Investment Strategy: Despite the bear market, investors can consider the Direxion Nasdaq-100 Equal Weighted Index ETF (QQQE) for diversification and reduced concentration risk in tech stocks, which have historically performed well but may be vulnerable during economic downturns.
Analyst Views on QQQE
Wall Street analysts forecast QQQE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QQQE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 105.140
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Current: 105.140
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
