Key stats
About FIRST TRUST NASDAQ-100 EQUAL WEIGHTED INDEX FUND
Expense ratio
0.57%
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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
Stocks99.84%
Technology Services30.75%
Electronic Technology20.30%
Health Technology9.97%
Retail Trade7.95%
Consumer Services7.92%
Consumer Non-Durables5.95%
Utilities3.97%
Producer Manufacturing3.01%
Transportation2.98%
Consumer Durables1.08%
Energy Minerals1.00%
Commercial Services1.00%
Communications1.00%
Industrial Services1.00%
Distribution Services0.99%
Process Industries0.99%
Bonds, Cash & Other0.16%
Cash0.16%
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