First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW)
| Assets | $1.91B |
| Expense Ratio | 0.57% |
| PE Ratio | 31.50 |
| Shares Out | 15.05M |
| Dividend (ttm) | $0.89 |
| Dividend Yield | 0.70% |
| Ex-Dividend Date | Sep 26, 2024 |
| Payout Ratio | 21.98% |
| 1-Year Return | +18.69% |
| Volume | 44,862 |
| Open | 127.49 |
| Previous Close | 127.29 |
| Day's Range | 126.38 - 127.84 |
| 52-Week Low | 108.47 |
| 52-Week High | 130.95 |
| Beta | 1.02 |
| Holdings | 102 |
| Inception Date | Apr 19, 2006 |
About QQEW
Fund Home PageThe First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is issued by First Trust.
Top 10 Holdings
12.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Atlassian Corporation | TEAM | 1.43% |
| Tesla, Inc. | TSLA | 1.39% |
| DoorDash, Inc. | DASH | 1.21% |
| Booking Holdings Inc. | BKNG | 1.21% |
| Take-Two Interactive Software, Inc. | TTWO | 1.20% |
| Netflix, Inc. | NFLX | 1.18% |
| NVIDIA Corporation | NVDA | 1.18% |
| Marvell Technology, Inc. | MRVL | 1.17% |
| Fortinet, Inc. | FTNT | 1.17% |
| Baker Hughes Company | BKR | 1.17% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2024 | $0.130 | Sep 30, 2024 |
| Jun 27, 2024 | $0.224 | Jun 28, 2024 |
| Mar 21, 2024 | $0.215 | Mar 28, 2024 |
| Dec 22, 2023 | $0.323 | Dec 29, 2023 |
| Sep 22, 2023 | $0.160 | Sep 29, 2023 |
| Jun 27, 2023 | $0.154 | Jun 30, 2023 |
News
QQEW: Inferior Return To The Nasdaq 100 Index
QQEW tracks the Nasdaq 100 index with an equal-weighted strategy and higher expense ratio. QQEW has rebounded strongly from 2022, but still trails the S&P 500 and Nasdaq 100 index in returns. QQEW off...
QQEW: More Of A Market Than QQQ Now
The S&P 500 and Nasdaq 100 are increasingly driven by a narrow list of mega-cap Tech names, posing idiosyncratic risk. The First Trust NASDAQ-100 Equal Weighted Index Fund ETF offers even exposure and...
QQEW: Not My Preferred Nasdaq 100 Play
The First Trust NASDAQ-100 Equal Weighted Index Fund ETF tracks the performance of the Nasdaq-100 Equal Weighted Index. QQEW charges a high management fee of 0.58% compared to other Nasdaq-100 ETFs. Q...
QQEW: Special Rebalancing May Spur Outperformance Against QQQ
First Trust NASDAQ-100 Equal Weighted Index Fund invests in the Nasdaq 100 Index in an equal-weighted manner. The Nasdaq 100 Index's 'Special Rebalancing' event may weaken the strength of mega-cap sto...
QQQ Vs. QQEW: Equal Weighting Has Not Benefited Investors
QQQ Vs. QQEW: Equal Weighting Has Not Benefited Investors.
QQEW: May Be Poised To Finally Get A Win Versus QQQ
QQEW is just like QQQ, except that the 100 stocks in the Nasdaq 100 are weighed equally (as in QQEW), not by market capitalization (as in QQQ). When it comes to 3-year rolling returns, QQEW has a near...
QQQE And QQEW: 2 Equal-Weight Funds For Nasdaq 100 Investors
QQQE is the Direxion NASDAQ-100 Equal Weighted Index Shares ETF launched by Direxion Investments. The fund is managed by Rafferty Asset Management. QQEW is the First Trust NASDAQ-100 Equal Weighted In...
QQEW: Limited Benefits From Smart Beta
QQEW is the largest and the oldest fund offering exposure to an equally-weighted version of the Nasdaq-100 index.
The Year Of The Dow: Why 2021 Will Finally See DIA Outperform (Podcast Transcript)
In the decade-plus since the post-global financial crisis bull market rally began, the DJIA has been crushed by top U.S. index benchmark peers the S&P 500 and Nasdaq 100. The fact the Dow is "price we...
Two of First Trust ETFs Based on NASDAQ® Indexes Surpass $1 Billion in AUM
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that two of its ETFs based on Nasdaq index...
Ritholtz's Josh Brown on the NASDAQ stocks 'going parabolic'
Ritholtz Wealth Management's Josh Brown and Hightower Treasury Partners CIO Richard Saperstein discuss the continued outperformance of mega-cap technology and growth stocks.
