Skip to main content

First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

NASDAQ: QQEW · IEX Real-Time Price · USD
116.47 -1.96 (-1.65%)
Nov 26, 2021 1:00 PM EST - Market closed
Assets$1.40B
NAV$118.42
Expense Ratio0.58%
PE Ratio29.22
Shares Out11.80M
Dividend (ttm)$0.27
Dividend Yield0.23%
Ex-Dividend DateSep 23, 2021
1-Year Return+22.03%
Volume31,655
Open120.82
Previous Close118.43
Day's Range116.03 - 117.71
52-Week Low92.85
52-Week High92.85
Beta1.03
Holdings103
Inception DateApr 19, 2006

About QQEW

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is the equal-weighted version of the NASDAQ-100 Index which includes 100 of the largest U.S. and international non-financial companies listed on Nasdaq based on market capitalization.

Asset ClassEquity
SectorLarge Cap
RegionNorth America
IssuerFirst Trust Portfolios
Stock ExchangeNASDAQ
Ticker SymbolQQEW
Index TrackedNASDAQ-100 Equal Weighted Index

Top 10 Holdings

13.58% of assets
NameSymbolWeight
Dollar TreeDLTR1.59%
Advanced Micro DevicesAMD1.47%
XilinxXLNX1.45%
NVIDIANVDA1.45%
TeslaTSLA1.44%
NetEaseNTES1.34%
QualcommQCOM1.32%
IntuitINTU1.18%
CostcoCOST1.17%
CSX CorporationCSX1.16%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Sep 23, 2021$0.0386Sep 30, 2021
Jun 24, 2021$0.0601Jun 30, 2021
Mar 25, 2021$0.0776Mar 31, 2021
Dec 24, 2020$0.0929Dec 31, 2020
Sep 24, 2020$0.0691Sep 30, 2020
Jun 25, 2020$0.0894Jun 30, 2020
Full Dividend History

News

Should First Trust NASDAQ100 Equal Weighted ETF (QQEW) Be on Your Investing Radar?

Style Box ETF report for QQEW

3 weeks ago - Zacks Investment Research

Nasdaq ETFs Worth Betting on Before Major Tech Earnings Releases

Here we highlight a few ETFs that can gain from the strength in the tech-heavy Nasdaq Composite.

1 month ago - Zacks Investment Research

Should First Trust NASDAQ100 Equal Weighted ETF (QQEW) Be on Your Investing Radar?

Style Box ETF report for QQEW

1 month ago - Zacks Investment Research

Guide to the Nasdaq ETF Investing

The Nasdaq Composite Index has been hitting a series of record highs since the start of the pandemic.

Other symbols:ONEQQLDQQQQQQMTQQQ
2 months ago - Zacks Investment Research

Join the Nasdaq Rally With These ETFs

Here we highlight a few ETFs that can gain from the strength in the tech-heavy Nasdaq Composite.

Other symbols:ONEQQLDQQQTQQQ
2 months ago - Zacks Investment Research

Is First Trust NASDAQ100 Equal Weighted ETF (QQEW) a Strong ETF Right Now?

Smart Beta ETF report for QQEW

4 months ago - Zacks Investment Research

ETFs to Gain From the Impressive Nasdaq Rally

Here we highlight ETFs for investors intending to ride the Nasdaq bulls.

5 months ago - Zacks Investment Research

Nasdaq at New Peak: ETFs to Tap the Surge

The Nasdaq Composite Index is hitting new record highs courtesy of the resurgence in tech stocks.

5 months ago - Zacks Investment Research

ETFs to Play as Nasdaq Stands Strong Despite Reflation

Though the tech-heavy Nasdaq was out of favor in the beginning of 2021 on rising rate worries, it is hovering around a record high now.

Other symbols:ONEQQLDQQQQQQMTQQQ
5 months ago - Zacks Investment Research

Big Tech Earnings Wave to Push Nasdaq ETFs Higher

The tech-heavy Nasdaq Composite Index scaled new record highs ahead of the optimism over the big tech earnings wave with more room for upside.

7 months ago - Zacks Investment Research

Equal-Weight Still Holds Merit for Growth Investors

With its hefty allocations to communication services and technology stocks, the Nasdaq-100 Index (NDX) is a favored destination for many growth investors. The cap-weighted version of that index allocate...

Other symbols:QQQE
7 months ago - ETF Trends

ETFs to Ride the Nasdaq Composite's Much-Awaited Comeback

Here we highlight a few ETFs that investors can consider gaining from the renewed strength in the tech-heavy Nasdaq Composite.

Other symbols:ONEQQLDQQQTQQQ
8 months ago - Zacks Investment Research

Ride the Impressive Nasdaq Rally With These 5 ETFs

Major technology companies' resilience to the coronavirus crisis has supported the tech-heavy index in 2020 along with increased digital activities.

Other symbols:ONEQQLDQQQTQQQ
10 months ago - Zacks Investment Research

7 Nasdaq ETFs to Play the Index's Winning Momentum

The year 2020 can easily be fully attributed to the Nasdaq as the tech-heavy index gained jumped about 44%. However, the index many more reasons to rally this year too.

10 months ago - Zacks Investment Research

Nasdaq Hits 13,000 for the First Time: ETFs to Bet On

The year 2020 can easily be fully attributed to the Nasdaq as the tech-heavy index gained jumped about 44%. However, the index many more reasons to rally this year too.

Other symbols:ONEQQLDQQQTQQQ
10 months ago - Zacks Investment Research

Wil Nasdaq ETFs Win in 2021 After the Best Year Since 2009?

The Nasdaq clocked double-digit gains for two years in a row in 2020. It may log double-digit gains in 2021 all over again if the virus scenario does not improve as fast as expected.

Other symbols:IBBIWMONEQQQQSPYTDIV
10 months ago - Zacks Investment Research

Nasdaq Outperforms Major Indices in 2020: ETFs to Gain

Major technology companies' resilience to the coronavirus crisis has supported the tech-heavy index along with increased digital shift.

Other symbols:ONEQQLDQQQTQQQ
10 months ago - Zacks Investment Research

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 indexes...

Other symbols:QCLN
11 months ago - Business Wire

Dialing Back Risk While Maintaining Nasdaq-100 Exposure

For good reason, the Nasdaq-100 Index (NDX) is one of the hottest equity benchmarks this year and has been for some time. However, investors looking to reduce some of the risk associated with cap-weight...

Other symbols:QQQE
1 year ago - ETF Trends

Nasdaq in Correction: One Solid Reason to Buy the Dip in ETFs

Vaccine makers' safety pledge for Covid vaccine means further uncertainty in the health emergency and the related economic recovery. This means further rally in tech stocks.

1 year ago - Zacks Investment Research

Ride the Relentless Big Tech Rally With These ETFs

Strength in major players in the technological sector leads Nasdaq to another record-high closing.

1 year ago - Zacks Investment Research

Ride the Relentless Nasdaq Rally With These ETFs

Major technology companies' resilience to the coronavirus crisis is supporting the Nasdaq index.

Other symbols:ONEQQLDQQQTQQQ
1 year ago - Zacks Investment Research

Buy Growth ETFs on Endless Fed Support

The first half of 2020 was extremely volatile for Wall Street due to the coronavirus outbreak but unprecedented stimulus measures by the Fed and government helped the S&P 500 to record the best second q...

Other symbols:IVWPWBSPYGVOOG
1 year ago - Zacks Investment Research

Nasdaq Outperforms Major Indices in 1H20: ETFs to Gain

It is widely believed that the major technology companies' resilience to the coronavirus crisis has supported the tech-heavy index.

Other symbols:ONEQQLDQQQTQQQ
1 year ago - Zacks Investment Research

Make the Most of the Big Tech Rally With These ETFs

Investors seem to be mostly braving their fears over the second wave of coronavirus infections on the latest updates from the technological sector. With support from the major tech players, the Nasdaq C...

Other symbols:FTECONEQQLDQQQXLK
1 year ago - Zacks Investment Research