ATLASFirst Trust Nasdaq-100 Select Equal Weight ETF (QQEW): outlook, holdings and fees
First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.59% and the yield is 0.14%. The ten largest holdings are 23% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QQEW
| Last price | $152.60 (+0.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $147.40 – $159.18 |
| Normal 1-day range (±1σ) | ±1.3% |
| Distribution yield | 0.14% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
QQEW fund facts
| Issuer | First Trust |
|---|---|
| Theme | Nasdaq 100 |
| Assets under management | $1.9B |
| Expense ratio | 0.59% |
| Number of holdings | 50 |
| Portfolio turnover | 32% |
| Inception | Apr 19, 2006 |
| Exchange | NASDAQ |
The fund will normally invest at least 80% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of the fifty companies from the Nasdaq-100 Index ® with the highest combined quality and growth scores.
QQEW top holdings
| Holding | Sector | Weight |
|---|---|---|
| Marvell Technology Group Ltd MRVL | Technology | 2.61% |
| Advanced Micro Devices Inc AMD | Technology | 2.54% |
| Meta Platforms Inc. META | Communication Services | 2.58% |
| Datadog Inc DDOG | Technology | 2.39% |
| Shopify Inc SHOP | Technology | 2.21% |
| Astera Labs, Inc. ALAB | Technology | 2.26% |
| Teradyne Inc TER | Technology | 2.17% |
| Fortinet Inc FTNT | Technology | 2.23% |
| Intuitive Surgical Inc ISRG | Healthcare | 2.19% |
| Analog Devices Inc ADI | Technology | 2.31% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QQEW sector breakdown
| Sector | Weight |
|---|---|
| Technology | 70.0% |
| Healthcare | 14.1% |
| Consumer Cyclicals | 6.7% |
| Communication Services | 6.0% |
| Consumer Defensive | 1.7% |
| Industrials | 1.4% |
By region: North America 95.7%, Europe Developed 2.2%, Latin America 2.1%.
QQEW returns and risk
| Year to date | +14.9% |
|---|---|
| 1 year | +14.1% |
| 3 years (annualised) | +16.0% |
| 5 years (annualised) | +8.9% |
| 10 years (annualised) | +14.0% |
| Volatility (3 years) | 15.5% |
| Sharpe ratio (3 years) | 0.77 |
Past returns do not guarantee future results.
QQEW: frequently asked questions
What does QQEW invest in?
First Trust Nasdaq-100 Select Equal Weight ETF invests in a portfolio of securities. Its largest holdings are Marvell Technology Group Ltd (2.6%), Advanced Micro Devices Inc (2.5%), Meta Platforms Inc. (2.6%), Datadog Inc (2.4%), Shopify Inc (2.2%).
What is the QQEW expense ratio?
0.59% a year: about $59.00 for every $10,000 invested.
What is the QQEW dividend yield?
0.14%. ATLAS does not hold the exact distribution dates for ETFs.
Will QQEW go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $147.40 to $159.18 from $152.60 today. It is a probability, not a prediction.
How has QQEW performed?
Year to date +14.9%, one year +14.1%, three years +16.0% a year, five years +8.9% a year. Past returns do not guarantee future results.
Similar ETFs: Nasdaq 100
- Invesco QQQ Trust, Series 1 (QQQ)
- Invesco NASDAQ 100 ETF (QQQM)
- NEOS Nasdaq-100 High Income ETF (QQQI)
- Fidelity Nasdaq Composite Index ETF (ONEQ)
- Global X Nasdaq 100 Covered Call ETF (QYLD)
- Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ)
- First Trust NASDAQ-100 Technology Sector Index Fund (QTEC)
- Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
Educational information, not investment advice. Disclaimer