First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)
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
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 05.17.2013
||Avg. 30-Day Volume
|Top 10 Holdings
|Regeneron Pharmaceuticals (REGN)
|Vertex Pharmaceuticals Inc (VRTX)
|Akamai Technologies Inc (AKAM)
|Biogen Idec Inc (BIIB)
|Gilead Sciences Inc (GILD)
|Microsoft Corp (MSFT)
|Micron Technology Inc (MU)
|Western Digital Corp (WDC)
|Yahoo Inc (YHOO)
|Whole Foods Mkt Inc (WFM)
|% of Total Holdings