Key stats
About First Trust NASDAQ-100 Equal Weighted Index Fund
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Inception date
Apr 19, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
QQEW provides equal-weighted exposure to the NASDAQ 100, a tech-focused index that comprises 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalization. The index invests in companies across various non-financial sectors and rebalances quarterly to provide equal allocation to all constituents without any sector and cap biases. Overall, QQEW is a reasonable way to approach the NASDAQ 100 for investors wanting a purer exposure to the non-financial space with less concentration.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.93%
Technology Services32.46%
Electronic Technology17.79%
Health Technology9.60%
Consumer Services7.88%
Retail Trade7.38%
Consumer Non-Durables6.95%
Utilities4.23%
Transportation2.92%
Producer Manufacturing2.88%
Distribution Services2.11%
Consumer Durables1.14%
Process Industries0.99%
Communications0.98%
Commercial Services0.94%
Energy Minerals0.86%
Industrial Services0.83%
Bonds, Cash & Other0.07%
Cash0.07%
Stock breakdown by region
North America92.20%
Europe6.69%
Latin America1.11%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history