Launched on 04/19/2006, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) was launched on 04/19/2006, and is a smart beta exchange traded fund designed to offer 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.
![]() QQEW 1 weeks ago | Other | $0.13 Per Share |
![]() QQEW 3 months ago Paid | Quarterly | $0.15 Per Share |
![]() QQEW 6 months ago Paid | Quarterly | $0.14 Per Share |
![]() QQEW 9 months ago Paid | Quarterly | $0.13 Per Share |
![]() QQEW 27 Jun 2024 Paid | Quarterly | $0.22 Per Share |
![]() QQEW 1 weeks ago | Other | $0.13 Per Share |
![]() QQEW 3 months ago Paid | Quarterly | $0.15 Per Share |
![]() QQEW 6 months ago Paid | Quarterly | $0.14 Per Share |
![]() QQEW 9 months ago Paid | Quarterly | $0.13 Per Share |
![]() QQEW 27 Jun 2024 Paid | Quarterly | $0.22 Per Share |
NASDAQ (NMS) Exchange | US Country |
The fund is designed for investors looking to gain exposure to the performance of 100 of the largest U.S. and international non-financial companies listed on the Nasdaq. It achieves this by investing at least 90% of its net assets in securities that make up an equal-weighted version of the NASDAQ-100 Index®, ensuring a diversified investment in market-leading companies based on market capitalization. This approach provides a different risk and return profile compared to funds tracking market capitalization-weighted indexes.
Investment in Equal-Weighted NASDAQ-100 Index®
This service involves the fund’s core strategy of investing in the securities that constitute the equal-weighted version of the NASDAQ-100 Index®. It targets the 100 largest U.S. and international non-financial companies listed on Nasdaq, based on market capitalization. This product is designed for investors seeking diversified exposure to leading companies in sectors such as technology, retail, and biotechnology, among others, without the concentration risk typically associated with market-cap-weighted indexes.