ETFs › QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

equal-weight nasdaq-100 technology

This ETF offers an equal-weighted approach to investing in the NASDAQ-100 Index. By allocating equally across all constituents, it reduces concentration risk in top holdings and provides more balanced exposure to mid-sized companies within the index. This strategy can potentially lead to different performance characteristics compared to market-cap weighted alternatives.

Key Info

AUM $1.9B
Expense Ratio 0.58%
Inception Date April 19, 2006
Distribution Frequency Quarterly
Weighting Method Equal Weight
Number of Holdings 103
Tracking Index NASDAQ-100 Equal Weighted Index

See Also

QQQ QQQE QTEC

Last updated: November 19, 2024