First Trust Nasdaq-100 Select Equal Weight ETF (QQEW)
Market Price (6/5/2026): $152.06
First Trust Nasdaq-100 Select Equal Weight ETF (QQEW)
Market Price (6/5/2026): $152.06
Asset Allocation with QQEW
Top 20 Holdings for QQEW
Total Weights Top 5: 19.2% | Top 10: 32.6% | Top 20: 53.7%
| Holding | Weight | |
|---|---|---|
| Arm Holdings Plc | 5.02% | |
| Micron Technology, Inc. | 3.98% | |
| Seagate Technology Holdings Plc | 3.80% | |
| Datadog, Inc. (Class A) | 3.29% | |
| Fortinet, Inc. | 3.10% | |
| CrowdStrike Holdings, Inc. (Class A) | 2.97% | |
| Palo Alto Networks, Inc. | 2.89% | |
| Monolithic Power Systems, Inc. | 2.61% | |
| Lam Research Corporation | 2.49% | |
| Cadence Design Systems, Inc. | 2.45% | |
| KLA Corporation | 2.40% | |
| Broadcom Inc. | 2.28% | |
| ASML Holding N.V. (New York Registry Shares) | 2.25% | |
| NVIDIA Corporation | 2.14% | |
| Applovin Corp. (Class A) | 2.13% | |
| Apple Inc. | 2.12% | |
| Monster Beverage Corporation | 2.03% | |
| Synopsys, Inc. | 1.99% | |
| Microsoft Corporation | 1.89% | |
| Automatic Data Processing, Inc. | 1.87% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| QQEW Return | 18% | -25% | 33% | 7% | 14% | 11% | 61% |
| Peers Return | 26% | -32% | 52% | 27% | 21% | 19% | 135% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| QQEW Win Rate | 67% | 33% | 58% | 67% | 58% | 50% | |
| Peers Win Rate | 81% | 33% | 67% | 75% | 67% | 61% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 67% | |
Max Drawdowns [4] | |||||||
| QQEW Max Drawdown | -10% | -31% | -13% | -10% | -21% | -16% | |
| Peers Max Drawdown | -11% | -35% | -11% | -13% | -23% | -12% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: QQQ, QQQM, ONEQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/5/2026 (YTD)
Sharpe Ratios Compared
One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.
Results as of 5312026.How Low Can It Go
| Event | QQEW | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.4% | -18.8% |
| % Gain to Breakeven | 27.2% | 23.1% |
| Time to Breakeven | 83 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.5% | -9.5% |
| % Gain to Breakeven | 13.0% | 10.5% |
| Time to Breakeven | 35 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.7% | -24.5% |
| % Gain to Breakeven | 44.3% | 32.4% |
| Time to Breakeven | 431 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -30.8% | -33.7% |
| % Gain to Breakeven | 44.5% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.0% | -19.2% |
| % Gain to Breakeven | 23.5% | 23.8% |
| Time to Breakeven | 63 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -17.0% | -12.2% |
| % Gain to Breakeven | 20.5% | 13.9% |
| Time to Breakeven | 160 days | 62 days |
In The Past
First Trust Nasdaq-100 Select Equal Weight ETF's stock fell -21.4% during the 2025 US Tariff Shock. Such a loss loss requires a 27.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | QQEW | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.4% | -18.8% |
| % Gain to Breakeven | 27.2% | 23.1% |
| Time to Breakeven | 83 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.7% | -24.5% |
| % Gain to Breakeven | 44.3% | 32.4% |
| Time to Breakeven | 431 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -30.8% | -33.7% |
| % Gain to Breakeven | 44.5% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -55.2% | -53.4% |
| % Gain to Breakeven | 123.2% | 114.4% |
| Time to Breakeven | 712 days | 1085 days |
In The Past
First Trust Nasdaq-100 Select Equal Weight ETF's stock fell -21.4% during the 2025 US Tariff Shock. Such a loss loss requires a 27.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Current Dip Buy Opportunities Across ETFs
ETFs currently down 5% or more from trailing 6M peaks.
About QQEW
| Holdings Count: 102Expense Ratio: 0.55%Inception Date: 2006-04-19 | First Trust Nasdaq-100 Select Equal Weight ETFThe First Trust Nasdaq-100 Select Equal Weight ETF (the "Fund") 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 Select Equal Weight Index (the "Index"). The Fund will normally invest at least 80% of its net assets (including investment borrowings) in the securities that comprise the Index.Asset Class: Growth | ETF Website |
Research & Analysis
Invest in Strategies
Wealth Management
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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