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Morningstar

First Trust NASDAQ-100 Equal Wtd ETF QQEW

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis QQEW

Will QQEW outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QQEW’s performance objective and investment process is for both security selection and portfolio construction.

  • 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.

First Trust NASDAQ-100 Equal Wtd ETF’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings QQEW

More QQEW Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Micron Technology Inc

1.31 27.3 Mil
Technology

Constellation Energy Corp

1.14 23.8 Mil
Utilities

Diamondback Energy Inc

1.11 23.2 Mil
Energy

Cintas Corp

1.09 22.6 Mil
Industrials

Keurig Dr Pepper Inc

1.08 22.5 Mil
Consumer Defensive

Broadcom Inc

1.08 22.5 Mil
Technology

The Trade Desk Inc Class A

1.08 22.5 Mil
Technology

The Kraft Heinz Co

1.08 22.4 Mil
Consumer Defensive

Amazon.com Inc

1.08 22.4 Mil
Consumer Cyclical

Old Dominion Freight Line Inc Ordinary Shares

1.07 22.2 Mil
Industrials