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 Services29.23%
Electronic Technology18.88%
Health Technology11.33%
Consumer Services8.26%
Retail Trade8.18%
Consumer Non-Durables6.60%
Utilities4.40%
Producer Manufacturing3.10%
Transportation3.08%
Communications1.25%
Process Industries1.13%
Distribution Services1.10%
Industrial Services1.06%
Energy Minerals0.94%
Commercial Services0.81%
Consumer Durables0.55%
Bonds, Cash & Other0.11%
Cash0.11%
Stock breakdown by region
North America91.24%
Europe7.59%
Latin America1.17%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history