Key stats
About First Trust NASDAQ-100 Equal Weighted Index Fund
Expense ratio
0.57%
Home page
Inception date
Apr 19, 2006
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
Health Technology
Stocks99.95%
Technology Services30.96%
Electronic Technology18.99%
Health Technology10.23%
Consumer Services8.66%
Retail Trade8.09%
Consumer Non-Durables5.33%
Utilities3.81%
Transportation3.25%
Producer Manufacturing2.86%
Consumer Durables1.40%
Industrial Services1.17%
Communications1.13%
Distribution Services1.11%
Commercial Services1.07%
Energy Minerals0.97%
Process Industries0.91%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history