First Trust Nasdaq-100 Sel Eql Wght ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
First Trust Nasdaq-100 Select Equal Weight ETF QQEW
Morningstar’s Analysis QQEW
Will QQEW outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the QQEW management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of QQEW’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
ARM Holdings PLC ADR | 4.52 | 79M | Technology |
Micron Technology Inc | 4.12 | 72M | Technology |
Seagate Technology Holdings PLC | 3.69 | 65M | Technology |
Datadog Inc Class A | 3.28 | 57M | Technology |
Fortinet Inc | 3.12 | 55M | Technology |
Palo Alto Networks Inc | 3.00 | 53M | Technology |
CrowdStrike Holdings Inc Class A | 2.96 | 52M | Technology |
KLA Corp | 2.82 | 49M | Technology |
Lam Research Corp | 2.78 | 49M | Technology |
Monolithic Power Systems Inc | 2.60 | 46M | Technology |
United States