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

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

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 April 19, 2006.

Zacks Investment Research • Oct 22, 2025

First Trust Announces Adjournment of Special Shareholder Meeting for First Trust NASDAQ-100 Equal Weighted Index Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special shareholder meeting for First Trust NASDAQ-100 Equal Weighted Index Fund (the “Fund”), a series of First Trust Exchange-Traded Fund (the “Trust”), has been adjourned in order to permit additional solicitation of shareholders. The special shareholder meeting for the Fund will reconvene on Tuesday, November 4, 2025 at 12:00 p.m. Central time at the offices of FTA at 120 East Liberty Drive, Suite 400.

Business Wire • Oct 14, 2025

QQEW: Equal Weight Isn't Equal Returns

QQEW reduces concentration risk but sacrifices long-term growth by underweighting dominant tech mega caps essential for sustained outperformance. Equal weighting dampens tech exposure, aligning QQEW closer to the S&P 500 than the growth-driven NDX, limiting upside in tech-led rallies. QQEW only outperforms in rare, broad-based market rebounds and offers no meaningful drawdown protection compared to SPY or QQQ.

Seeking Alpha • Aug 28, 2025

Nasdaq ETFs Set for Further Growth in 2024

The expansion of AI applications holds the promise of ushering in fresh growth opportunities.

Zacks Investment Research • Jun 21, 2024

QQEW: Inferior Return To The Nasdaq 100 Index

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.

Seeking Alpha • Jun 17, 2024

What's in the Cards for Nasdaq ETFs?

The tech-heavy Nasdaq Composite Index hit a record high in the last trading session, marking a five-week win streak. Solid corporate earnings and rate cut bets have been driving the stocks higher.

Zacks Investment Research • May 27, 2024

What You Need to Know About Nasdaq ETF Investing in 2024

The Nasdaq Composite index has delivered a remarkable performance in the past year, with technology stocks leading the charge. A resilient consumer base and the likelihood of Fed rate cuts in 2024 should boost the index, going forward.

Zacks Investment Research • Apr 8, 2024

Nasdaq Hit Record Since 2021: 5 Factors for ETFs to Rally Hard

The Nasdaq Composite recorded its first closing record on Thursday since November 2021.

Zacks Investment Research • Mar 1, 2024