Love the AI Story but Hate the Concentration Risk? Consider ETFs

AI is driving markets higher, but a handful of stocks are doing most of the heavy lifting. These ETFs offer a more balanced way to play the trend.

Zacks Investment Research • Jun 2, 2026

Is First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) a Strong ETF Right Now?

Making its debut on 04/19/2006, smart beta exchange traded fund First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) provides investors broad exposure to the Style Box - Large Cap Growth category of the market.

Zacks Investment Research • May 18, 2026

Should First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) Be on Your Investing Radar?

Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Select Equal Weight ETF (QQEW), a passively managed exchange traded fund launched on April 19, 2006.

Zacks Investment Research • Apr 30, 2026

Avoid the Top-Heavy S&P 500 With Equal-Weight ETFs

A small number of AI-focused tech stocks dominated in 2025, helping to send the S&P 500 up more than 16% for the year but leaving investors potentially exposed to undue risk in the process. Concerns about an AI bubble—and the potentially devastating impact of a continued war in Iran and oil market disturbances on the data center space—may make investors worry about possible overweighting of this industry in their broader market investments.

MarketBeat • Mar 14, 2026

The Nasdaq 100 ETF Just Cut Half Its Holdings And The Timing Is Probably Perfect

The Nasdaq-100 is dominated by a handful of massive companies, with the top three accounting for more than 20% of the index.

24/7 Wall Street • Feb 2, 2026

QQEW: The New Index Is Unlikely To Secure Outperformance

First Trust NASDAQ-100 Equal Weighted Index Fund ETF receives a Hold rating due to the limited outperformance potential versus QQQ and QQQM. QQEW has recently changed its underlying index to the Nasdaq-100 Select Equal Weight™ Index, with the number of holdings reduced significantly. I hypothesize that the equal weighting of the index will remain a detractor from QQEW's total returns, though it will more likely contribute to risk-adjusted returns.

Seeking Alpha • Jan 26, 2026

JP Wealth Management Closes the Door on QQEW. Should Retail Investors Follow Suit?

Exited 126,339 shares of QQEW; estimated trade value ~$17.83 million based on quarterly average pricing Quarter-end stake value dropped by $17.83 million, reflecting both trading activity and share price movement Post-trade holding: 0 shares, $0 value The QQEW stake previously accounted for 12.0% of the fund's AUM as of the prior quarter These 10 Stocks Could Mint the Next Wave of Millionaires ›

The Motley Fool • Jan 16, 2026

Should First Trust NASDAQ-100 Equal Weighted ETF (QQEW) Be on Your Investing Radar?

The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) was launched on April 19, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.

Zacks Investment Research • Dec 25, 2025

Is First Trust NASDAQ-100 Equal Weighted ETF (QQEW) a Strong ETF Right Now?

The First Trust NASDAQ-100 Equal Weighted ETF (QQEW) was launched on 04/19/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market.

Zacks Investment Research • Nov 10, 2025

First Trust Announces Shareholder Approval of Change to Investment Objective and a New Investment Management Agreement for First Trust NASDAQ-100 Equal Weighted Index Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust NASDAQ-100 Equal Weighted Index Fund (the “Fund”) (Nasdaq: QQEW), a series of First Trust Exchange-Traded Fund (the “Trust”), have voted to approve a change to the Fund's investment objective and a new investment management agreement between the Trust, on behalf of the Fund, and FTA, as investment advisor. The change to the Fund's investment objective is expected to occur on or aro.

Business Wire • Nov 4, 2025