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

NASDAQ: QQEW · IEX Real-Time Price · USD
88.83
+2.96 (3.45%)
Oct 4, 2022 12:35 PM EDT - Market open
3.45%
Assets $1.06B
NAV $85.87
Expense Ratio 0.57%
PE Ratio 23.10
Shares Out 12.40M
Dividend (ttm) $0.52
Dividend Yield 0.58%
Ex-Dividend Date Sep 23, 2022
1-Year Return -23.03%
Volume 20,042
Open 87.57
Previous Close 85.87
Day's Range 87.57 - 88.91
52-Week Low 83.63
52-Week High 121.07
Beta 1.05
Holdings 103
Inception Date Apr 19, 2006

About QQEW

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 Class Equity
Sector Large Cap
Region North America
Issuer First Trust Portfolios
Stock Exchange NASDAQ
Ticker Symbol QQEW
Index Tracked NASDAQ-100 Equal Weighted Index

Top 10 Holdings

10.87% of assets
Name Symbol Weight
Biogen BIIB 1.34%
Netflix NFLX 1.08%
Workday WDAY 1.08%
O'Reilly Automotive ORLY 1.07%
VeriSign VRSN 1.06%
Monster Beverage MNST 1.05%
Cadence Design Systems CDNS 1.05%
Old Dominion Freight Line ODFL 1.05%
Vertex Pharmaceuticals VRTX 1.05%
PepsiCo PEP 1.04%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2022 $0.1222 Sep 30, 2022
Jun 24, 2022 $0.1066 Jun 30, 2022
Mar 25, 2022 $0.1831 Mar 31, 2022
Dec 23, 2021 $0.1043 Dec 31, 2021
Sep 23, 2021 $0.0386 Sep 30, 2021
Jun 24, 2021 $0.0601 Jun 30, 2021
Full Dividend History

News

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

Smart Beta ETF report for QQEW

1 week ago - Zacks Investment Research

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

Style Box ETF report for QQEW

2 weeks ago - Zacks Investment Research

Nasdaq Enters Bull Market: ETFs to Tap the Rally

The Nasdaq logged its longest-winning weekly streak since November, pushing the benchmark to a new bull market. Investors looking to ride the Nasdaq bulls could consider these ETFs.

Other symbols: ONEQQLDQQCQQQQQQMTQQQ
1 month ago - Zacks Investment Research

Will Nasdaq ETFs Win in 2022 After 3-Years of Double-Digit Gains?

The Nasdaq clocked double-digit gains for three years in a row in 2021.

Other symbols: ONEQQQQQQQJQQQM
10 months 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 year 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
1 year 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
1 year ago - Zacks Investment Research

ETFs to Gain From the Impressive Nasdaq Rally

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

1 year 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.

Other symbols: ONEQQLDQQCQQQQQQMTQQQ
1 year 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
1 year 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.

Other symbols: ONEQQLDQQQTQQQ
1 year 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
1 year 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
1 year 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
1 year 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.

Other symbols: QQQONEQQLDQQQJQQQMTQQQ
1 year 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
1 year 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
1 year 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
1 year 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
1 year 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
2 years 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.

Other symbols: IHAKONEQQQQRYTSKYYTDIV
2 years 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.

2 years 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
2 years 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
2 years 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
2 years ago - Zacks Investment Research