QQEW First Trust NASDAQ-100 Equal Weighted Index Fund ETF
Seeks to track, before fees and expenses, the NASDAQ-100 Equal Weighted Index.
The Index is the equal weighted version of the NASDAQ-100 Index, which includes 100 of the largest non-financial securities listed on The NASDAQ Stock Market based on market capitalization.
It is reconstituted once a year in December, but replacements may be made during the year if there is a replacement in the NASDAQ- 100 Index. The index is rebalanced four times annually in March, June, September and December.
$96.63 +1.06 (1.11%)
As of 03/23/2023 15:52:59 EST IEX book CBOE book
ETF Information
Sponsor:
First Trust
Category1:
US Equity
Category2:
Broad market
Category3:
Large cap
Morningstar category:
Large Growth
Leverage factor: 1.00
Inception date: 04/19/2006
Index tracking method:
Passive replication
Current yield: 0.63%
Historical average yield: 0.52%
Market cap: $1,332,252,193
Average volume: 93,502
Fees: 0.6000%
Index Information
NASDAQ 100 Equal Weighted Index Index symbol:
NDXE
Provider:
NASDAQ OMX
Index weighting: Equal weighted
Index inception date: 06/20/2005
Backtesting data exists:
No
Number of holdings: 100
Strategy: Equal weighting
Rebalanced: Quarterly
Reconstituted: Annually