ETF Quote Details
|NAV (month end)||NA|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.38 (0.94%)|
|Issuer||FIRST TRUST ADVISORS|
The NASDAQ-100 Equal Weighted Index is the equal-weighted version of the NASDAQ-100 Index which includes 100 of the largest non-financial securities listed on NASDAQ based on market capitalization. The Index contains the same securities as the NASDAQ-100 Index but each of the securities is initially set at a weight of 1.00% of the Index and is rebalanced quarterly.
First Trust Nasdaq-100 Equal Weighted Index Fund is an exchange-traded index fund or Index ETF that is a non-diversified, exchange-traded series of the First Trust Exchange-Traded Fund, an open-end management investment company. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of the NASDAQ-100 Equal Weighted Index.