Back to top

If you wish to go to ZacksFunds.com, click OK. If you do not, click Cancel.

FIRST TRUST NASDAQ-100 EQUAL WGHTD INDEX: (NSDQ : QQEW)

(U.S : NSDQ) As of Jul 22, 2014 03:58 PM ET

 Add to portfolio

$39.38 USD

+0.20 (0.51%)

Volume: 25,586

Zacks ETF Rank: 3 - Hold [?]     3    

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 39.18
Open 39.43
Bid 36.01
Ask 42.79
Day Low-High 39.36-39.49
52wk Low-High 31.42-39.76
Volume 25,586
NAV (month end) NA

Zacks Premium Research for QQEW

Zacks ETF Rank [?] Hold 3
ETF Risk [?] Med
ETF Research Report

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:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.60%
Dividend (Yield) $0.38 (0.96%)
Issuer FIRST TRUST ADVISORS

Benchmark for QQEW

NASDAQ-100 EQUAL WEIGHTED INDEX

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.

Fund Summary for QQEW

FIRST TRUST NASDAQ-100 EQUAL WGHTD INDEX

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.