First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed ETF for Large Cap Growth.

From Nasdaq

June 16, 2025 06:20 AM:

Launched on 04/19/2006, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed exchange traded fund with assets over $1.82 billion, providing exposure to the Large Cap Growth segment of the US equity market. It has an expense ratio of 0.57% and a 12-month trailing dividend yield of 0.49%.

Large Cap Growth companies have market capitalizations above $10 billion, stable cash flows, and lower volatility than mid and small cap companies. Growth stocks offer faster growth rates, higher valuations, and risk compared to value stocks. The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) has the heaviest allocation to Information Technology, Consumer Discretionary, and Industrials sectors.

The ETF seeks to match the performance of the NASDAQ-100 Equal Weighted Index, which includes 100 of the largest non-financial securities listed on NASDAQ. It has gained about 5.64% YTD and 7.95% in one year, with a beta of 1.07 and standard deviation of 20.52% for the trailing three-year period. It has 102 holdings, effectively diversifying company-specific risk.

First Trust NASDAQ-100 Equal Weighted ETF (QQEW) carries a Zacks ETF Rank of 3 (Hold) and is a good option for those seeking exposure to Large Cap Growth. Alternatives like Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ) track similar indexes with varying assets and expense ratios. Passively managed ETFs like QQEW are popular due to their low cost, transparency, flexibility, and tax efficiency.

Read more at Nasdaq.: Should First Trust NASDAQ-100 Equal Weighted ETF (QQEW) Be on Your Investing Radar?