The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) was launched on 04/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
A smart beta exchange traded fund, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) debuted on 04/19/2006, and offers broad exposure to the Style Box - Large Cap Growth category of the market.
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the First Trust NASDAQ-100 Equal Weighted ETF (QQEW), a passively managed exchange traded fund launched on 04/19/2006.
Making its debut on 04/19/2006, smart beta exchange traded fund First Trust NASDAQ-100 Equal Weighted ETF (QQEW) provides investors broad exposure to the Style Box - Large Cap Growth category of the market.
QQEW tracks the Nasdaq 100 index with an equal-weighted strategy and higher expense ratio. QQEW has rebounded strongly from 2022, but still trails the S&P 500 and Nasdaq 100 index in returns. QQEW offers lower volatility and more diversification than QQQ, but has inferior long-term returns due to lower exposure to growth stocks.
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed exchange traded fund launched on 04/19/2006.