First Trust Nasdaq-100 Select Equal Weight ETF (QQEW)Large Growth | Exchange Traded Fund | NasdaqGM
165.54 USD
-1.01
(-0.604%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 166.10 +0.56 (0.336%) ⇧ (Aug. 28, 2026, 7:45 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:04 a.m. EDT
The equal-weight structure of this Nasdaq-100 ETF is currently outperforming the traditional weighted index by capturing the massive gains of smaller-cap tech leaders like Arm Holdings, which are driving the fund's superior performance despite higher valuations. While the trailing P/E of roughly 34 suggests the market is pricing in continued acceleration from these AI beneficiaries, the price action over the last two months shows resilience, trading well above its 200-day average and closing near its yearly highs. The recent surge in call volume targeting the $175 level indicates that active traders believe the momentum can extend further, even if the statistical forecast model offers only moderate confidence. However, investors should remain cautious regarding the dividend; the yield is negligible at 0.2%, offering no income buffer against the inherent volatility of a concentrated tech portfolio. This is a high-conviction momentum play for the near term, driven by the specific composition of the equal-weight strategy, but it lacks the defensive characteristics of a traditional dividend stock. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.080697 |
| AutoARIMA | 0.141842 |
| AutoETS | 0.144534 |
| MSTL | 0.158252 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 4.25 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.419 |
| Excess Kurtosis | -0.78 |
| Attribute | Value |
|---|---|
| Trailing P/E | 34.22 |
As of Aug. 22, 2026, 4:04 a.m. EDT: Speculators are positioning for a modest upside move in the near term, evidenced by significant call volume at the $175 strike for October expiration while put activity is virtually nonexistent. Implied volatility is elevated relative to the underlying trend, suggesting traders expect continued volatility rather than a crash.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.02% | 0.22% | 0.48% | 0.51% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-26 | 0.020 | 0.015763 |
| 2025-12-12 | 0.188 | 0.131340 |
| 2025-09-25 | 0.108 | 0.077603 |
| 2025-06-26 | 0.130 | 0.096147 |
| 2025-03-27 | 0.153 | 0.123527 |
| 2024-12-13 | 0.144 | 0.109823 |
| 2024-09-26 | 0.130 | 0.103388 |
| 2024-06-27 | 0.224 | 0.181318 |
| 2024-03-21 | 0.215 | 0.173303 |
| 2023-12-22 | 0.323 | 0.275974 |
| 2023-09-22 | 0.160 | 0.154754 |
| 2023-06-27 | 0.154 | 0.146027 |
| 2023-03-24 | 0.182 | 0.188562 |
| 2022-12-23 | 0.175 | 0.197205 |
| 2022-09-23 | 0.122 | 0.143496 |
| 2022-06-24 | 0.107 | 0.116456 |
| 2022-03-25 | 0.183 | 0.172479 |
| 2021-12-23 | 0.104 | 0.088285 |
| 2021-09-23 | 0.039 | 0.033793 |
| 2021-06-24 | 0.060 | 0.054250 |
| 2021-03-25 | 0.078 | 0.077604 |
| 2020-12-24 | 0.093 | 0.093056 |
| 2020-09-24 | 0.069 | 0.083163 |
| 2020-06-25 | 0.089 | 0.112901 |
| 2020-03-26 | 0.096 | 0.151396 |
| 2019-12-13 | 0.109 | 0.150928 |
| 2019-09-25 | 0.114 | 0.170531 |
| 2019-06-14 | 0.075 | 0.116153 |
| 2019-03-21 | 0.054 | 0.083128 |
| 2018-12-18 | 0.123 | 0.221502 |
| 2018-09-14 | 0.050 | 0.079051 |
| 2018-06-21 | 0.095 | 0.153226 |
| 2018-03-22 | 0.037 | 0.062008 |
| 2017-12-21 | 0.107 | 0.183031 |
| 2017-09-21 | 0.038 | 0.069116 |
| 2017-06-22 | 0.090 | 0.165380 |
| 2017-03-23 | 0.046 | 0.090302 |
| 2016-12-21 | 0.077 | 0.164319 |
| 2016-09-21 | 0.043 | 0.094797 |
| 2016-06-22 | 0.071 | 0.169048 |
| 2016-03-23 | 0.148 | 0.356283 |
| 2015-12-23 | 0.091 | 0.207857 |
| 2015-09-23 | 0.053 | 0.129395 |
| 2015-06-24 | 0.067 | 0.148691 |
| 2015-03-25 | 0.057 | 0.130824 |
| 2014-12-23 | 0.145 | 0.335648 |
| 2014-09-23 | 0.025 | 0.062547 |
| 2014-06-24 | 0.106 | 0.274968 |
| 2014-03-25 | 0.174 | 0.468624 |
| 2013-12-18 | 0.083 | 0.234133 |
| 2013-09-20 | 0.015 | 0.044326 |
| 2013-06-21 | 0.050 | 0.168691 |
| 2013-03-21 | 0.020 | 0.069979 |
| 2012-12-21 | 0.137 | 0.522701 |
| 2012-09-21 | 0.094 | 0.357007 |
| 2012-06-21 | 0.059 | 0.241506 |
| 2011-12-21 | 0.053 | 0.233069 |
| 2011-06-21 | 0.053 | 0.214662 |
| 2010-12-21 | 0.083 | 0.346845 |
| 2010-06-22 | 0.040 | 0.200803 |
| 2009-12-22 | 0.045 | 0.229008 |
| 2008-06-23 | 0.007 | 0.034878 |
| Attribute | Value |
|---|---|
| All Time High | 167.27 |
| All Time Low | 8.59 |
| Ask | 161.75 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 31,210 |
| Average Daily Volume3 Month | 36,074 |
| Average Volume | 36,074 |
| Average Volume10Days | 31,210 |
| Beta3 Year | 1.1 |
| Bid | 160.94 |
| Bid Size | 1 |
| Category | Large Growth |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 166.66 |
| Day Low | 165.265 |
| Dividend Date | 1,490,918,400 |
| Dividend Yield | 0.2 |
| Eps Trailing Twelve Months | 4.837077 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 158.534 |
| Fifty Day Average Change | 7.0093994 |
| Fifty Day Average Change Percent | 0.044213858 |
| Fifty Two Week Change Percent | 23.23345 |
| Fifty Two Week High | 167.27 |
| Fifty Two Week High Change | -1.7266083 |
| Fifty Two Week High Change Percent | -0.010322283 |
| Fifty Two Week Low | 122.38 |
| Fifty Two Week Low Change | 43.1634 |
| Fifty Two Week Low Change Percent | 0.3526998 |
| Fifty Two Week Range | 122.38 - 167.27 |
| First Trade Date Milliseconds | 1,146,576,600,000 |
| Five Year Average Return | 0.0792449 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -1.00661 |
| Fullday Change Percent | -0.604387 |
| Fullday Price | 166.1 |
| Fund Family | First Trust |
| Fund Inception Date | 1,145,404,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 80% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of the fifty companies from the Nasdaq-100 Index ® with the highest combined quality and growth scores. |
| Long Name | First Trust Nasdaq-100 Select Equal Weight ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_26918513 |
| Nav Price | 164.12 |
| Net Assets | 1,745,648,900.0 |
| Net Expense Ratio | 0.55 |
| Open | 165.68 |
| Phone | 630-241-4141 |
| Post Market Change | 0.5566101 |
| Post Market Change Percent | 0.33623216 |
| Post Market Price | 166.1 |
| Post Market Time | 1,787,960,705 |
| Previous Close | 166.55 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.006607 |
| Regular Market Change Percent | -0.6043873 |
| Regular Market Day High | 166.66 |
| Regular Market Day Low | 165.265 |
| Regular Market Day Range | 165.265 - 166.66 |
| Regular Market Open | 165.68 |
| Regular Market Previous Close | 166.55 |
| Regular Market Price | 165.5434 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 22,481 |
| Short Name | First Trust Nasdaq-100 Select E |
| Source Interval | 15 |
| Symbol | QQEW |
| Three Year Average Return | 0.1707725 |
| Total Assets | 1,745,648,896 |
| Tradeable | 0 |
| Trailing P E | 34.22385 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 12.95771 |
| Trailing Three Month Returns | 12.95771 |
| Triggerable | 1 |
| Two Hundred Day Average | 144.43895 |
| Two Hundred Day Average Change | 21.104446 |
| Two Hundred Day Average Change Percent | 0.14611326 |
| Type Disp | ETF |
| Volume | 22,481 |
| Yield | 0.002 |
| Ytd Return | 9.23837 |