QQEWFirst Trust Nasdaq-100 Equal Weighted Index Fund
QQEW Fund Description
QQEW tracks an equal-weighted version of the NASDAQ 100.
QQEW Factset Analytics Insight
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.
QQEW MSCI ESG Analytics Insight
First Trust Nasdaq-100 Equal Weighted Index Fund has an MSCI ESG Fund Rating of A based on a score of 6.44 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Nasdaq-100 Equal Weighted Index Fund ranks in the 54th percentile within its peer group and in the 58th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QQEW Summary Data
QQEW Portfolio Data
QQEW Index Data
QQEW Portfolio Management
QQEW Tax Exposures
QQEW Fund Structure
QQEW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QQEW. QQEW is rated a 5 out of 5.
QQEW Sector/Industry Breakdown
QQEW Economic Development
QQEW Performance Statistics
QQEW MSCI ESG Ratings
QQEW Benchmark Comparison Summary
QQEW Benchmark Comparison Market Cap Size