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The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a smart beta exchange-traded fund that aims to give investors a wide view of the Large Cap Growth sector. It was launched on April 19, 2006.
QQEW tracks the Nasdaq 100 index with an equal-weighted strategy and higher expense ratio. QQEW has rebounded strongly from 2022, but still trails the S&P 500 and Nasdaq 100 index in returns. QQEW offers lower volatility and more diversification than QQQ, but has inferior long-term returns due to lower exposure to growth stocks.
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed exchange traded fund launched on 04/19/2006.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Equal Weighted ETF (QQEW), a passively managed exchange traded fund launched on 04/19/2006.
The Nasdaq Composite recorded its first closing record on Thursday since November 2021.
The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) made its debut on 04/19/2006, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.
Looking back to 1972, the year after a market rebound, the Nasdaq has historically seen an average increase of 19%, indicating that the current market upswing could continue as the index surged 43% last year.
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed exchange traded fund launched on 04/19/2006.
After a big year-end rally, the stock market is attempting to consolidate gains in January. That consolidation has several stock indices and ETFs trading near recent price highs.
The tech-heavy Nasdaq Composite Index recorded the best annual performance since 2020, rising 43% in 2023. The outstanding performance can be attributed to several factors, which are likely to persist in 2024.
FAQ
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