QQEW
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First Trust Nasdaq-100 Equal Weighted Index Fund
136.54
+0.05 (+0.04%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 136.49
Day's Range: 135.7 - 136.99
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When Written:
100.75
The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund (ETF) that tracks the performance of the NASDAQ-100 Equal Weighted Index. The index is comprised of the 100 largest non-financial companies listed on the NASDAQ stock exchange, with each company receiving an equal weighting in the index.
QQEW was launched in April 2006 and has since grown to manage over $1 billion in assets. The fund has an expense ratio of 0.60%, which is relatively low compared to other actively managed funds.
QQEW provides investors with exposure to a diversified portfolio of large-cap technology and growth companies, including Apple, Amazon, Microsoft, and Facebook. The equal-weighted approach helps to reduce concentration risk and provides a more balanced exposure to the underlying companies.
Overall, QQEW can be a good option for investors seeking exposure to the NASDAQ-100 index with a more diversified and balanced approach. However, investors should be aware of the risks associated with investing in technology and growth companies, which can be volatile and subject to rapid changes in market conditions.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
QQEW was launched in April 2006 and has since grown to manage over $1 billion in assets. The fund has an expense ratio of 0.60%, which is relatively low compared to other actively managed funds.
QQEW provides investors with exposure to a diversified portfolio of large-cap technology and growth companies, including Apple, Amazon, Microsoft, and Facebook. The equal-weighted approach helps to reduce concentration risk and provides a more balanced exposure to the underlying companies.
Overall, QQEW can be a good option for investors seeking exposure to the NASDAQ-100 index with a more diversified and balanced approach. However, investors should be aware of the risks associated with investing in technology and growth companies, which can be volatile and subject to rapid changes in market conditions.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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