First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)
#25
Best Fit Large-Cap Funds ETFs
U.S. News evaluated 102 Large-Cap Funds ETFs and 34 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
How we identify Best Fit Funds
| Best Fit Scorecard |
| Costs |
Typical |
| Tracking Error |
Good |
| Bid/Ask Ratio |
Excellent |
| Holdings Diversity |
Excellent |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM).
The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close |
— |
Expense Ratio |
0.60% |
| YTD Return |
19.0% |
Avg. 30-Day Volume |
52,681 |
| 1-Year Return |
28.4% |
Market Cap |
Loading... |
| Bid |
$31.07 |
Shares Outstanding |
4,600,000 |
| Ask |
$31.09 |
Dividends |
$0.31 |
| Top 10 Holdings |
| Vertex Pharmaceuticals Inc (VRTX) |
1.41% |
| Regeneron Pharmaceuticals (REGN) |
1.41% |
| Akamai Technologies Inc (AKAM) |
1.26% |
| Biogen Idec Inc (BIIB) |
1.21% |
| Gilead Sciences Inc (GILD) |
1.16% |
| Microsoft Corp (MSFT) |
1.15% |
| Yahoo Inc (YHOO) |
1.13% |
| Western Digital Corp (WDC) |
1.12% |
| Whole Foods Mkt Inc (WFM) |
1.12% |
| Micron Technology Inc (MU) |
1.11% |
| % of Total Holdings |
12.10% |
Sector Breakdown
Geographic Breakdown
