First Trust Nasdaq-100 Select Equal Weight ETF

QQEW

Market cap $1.87B

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.

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.

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.

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.

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.

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

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.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the First Trust NASDAQ-100 Equal Weighted ETF (QQEW), a passively managed exchange traded fund launched on April 19, 2006.

A smart beta exchange traded fund, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) debuted on 04/19/2006, and offers broad exposure to the Style Box - Large Cap Growth category of the market.

Launched on 04/19/2006, the First Trust NASDAQ-100 Equal Weighted ETF (QQEW) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.