Key stats
About First Trust NASDAQ-100 Equal Weighted Index Fund
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Inception date
Apr 19, 2006
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Health Technology
Stocks99.89%
Technology Services29.79%
Electronic Technology19.35%
Health Technology10.91%
Retail Trade8.22%
Consumer Services8.14%
Consumer Non-Durables6.23%
Utilities4.42%
Producer Manufacturing3.05%
Transportation3.03%
Communications1.19%
Process Industries1.07%
Industrial Services1.06%
Distribution Services0.97%
Energy Minerals0.95%
Commercial Services0.82%
Consumer Durables0.70%
Bonds, Cash & Other0.11%
Cash0.11%
Stock breakdown by region
North America91.23%
Europe7.55%
Latin America1.22%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history