Key stats
About FIRST TRUST PORTFOLIOS FDS FIRST TRT NASDAQ 100 EQ WEIGHTED IDX
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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
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Top 10 holdings
Market Leaders Don't MatterNews is coming out how the top 5 stocks are responsible for the majority of the gains in the market.
Well.... so what?
This is the QQEW, an equal weighted index of the Nasdaq 100.
It's also near highs.
Saying "OH GOD AMAZON AND FACEBOOK ARE UP SO MUCH" isn't a reason to be aggressively short the
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QQEW trades at 2,330.000 MXN today, its price hasn't changed in the past 24 hours. Track more dynamics on QQEW price chart.
QQEW net asset value is 2,533.99 today — it's fallen 1.73% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QQEW assets under management is 35.46 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QQEW price has risen by 0.10% over the last month, and its yearly performance shows a 14.78% increase. See more dynamics on QQEW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.73% over the last month, have fallen by −1.73% over the last month, showed a −9.88% decrease in three-month performance and has increased by 23.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.73% over the last month, have fallen by −1.73% over the last month, showed a −9.88% decrease in three-month performance and has increased by 23.84% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QQEW invests in stocks. See more details in our Analysis section.
QQEW expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QQEW isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QQEW technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QQEW shows the buy signal. See more of QQEW technicals for a more comprehensive analysis.
Today, QQEW technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QQEW shows the buy signal. See more of QQEW technicals for a more comprehensive analysis.
Yes, QQEW pays dividends to its holders with the dividend yield of 0.50%.
QQEW trades at a premium (4.50%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QQEW shares are issued by AJM Ventures LLC
QQEW follows the NASDAQ-100 Equally Weighted Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.