Fund Description |
The First Trust NASDAQ-100 Equal Weighted Index Fund is an exchange-traded index fund. The investment objective of the fund is to replicate as closely as possible before fees and expenses the price and yield of the NASDAQ-100 Equal Weighted Index. |
Fund Profile |
Fund Name |
First Trust NASDAQ 100 Equal Weighted Index Fund |
Fund Exchange Ticker |
QQEW |
Fund Sponsor |
First Trust |
Fund ISIN |
US3373441050 |
Net Expense Ratio |
0.59 % |
Fund Inception Date |
19 April 2006 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NASDAQ |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Global or ExUS Equities - Industry Sector |
Asset Class |
Equities (Stocks) |
Index Linked |
Passive |
Index Name |
NASDAQ-100 Equal Weighted Index |
Index Provider |
Nasdaq |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
Market Capitalization Range |
Large Cap |
Growth Value |
Core / Blend |
Continent |
Not Applicable |
Key Statistics |
Return As of Date |
14 January 2021 |
Asset Under Management |
1221.18 Million (USD) |
1 Month Total Return |
4.64 % |
Year To Date Return |
1.73 % |
1 Year Total Return |
35.89 % |
3 Year Annualized Total Return |
19.53 % |
NAV |
102.62 |
Share Outstanding |
11,900,000 |