First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund
Market Cap
US$980.5m
Last Updated
2020/02/17 00:17 UTC
Data Sources
Company Financials
Executive Summary
First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund is an exchange traded fund launched and managed by First Trust Advisors L.P.
Snowflake Analysis
Share Price & News
How has First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QQEW has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.9%
QQEW
1.7%
US Capital Markets
1.5%
US Market
1 Year Return
25.3%
QQEW
19.0%
US Capital Markets
20.1%
US Market
Return vs Industry: QQEW exceeded the US Capital Markets industry which returned 19% over the past year.
Return vs Market: QQEW exceeded the US Market which returned 20.1% over the past year.
Shareholder returns
| QQEW | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 1.7% | 1.5% |
| 30 Day | 2.9% | 0.5% | 1.4% |
| 90 Day | 11.7% | 8.6% | 8.7% |
| 1 Year | 25.9%25.3% | 21.4%19.0% | 22.7%20.1% |
| 3 Year | 58.1%55.7% | 40.0%32.1% | 50.1%40.5% |
| 5 Year | 83.0%77.7% | 83.6%66.5% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Future Growth
How is First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.4%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund performed over the past 5 years?
16.6%
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
Financial Health
How is First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund's financial position? (This company is analysed differently as a bank or financial institution)
In this section we usually analyse First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
Dividend
What is First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate QQEW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate QQEW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QQEW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QQEW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QQEW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Management
How experienced are the management team and are they aligned to shareholders interests?
14.1yrs
Average management tenure
CEO
First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Investment Committee & Portfolio Manager | 14.1yrs | no data | no data | |
| Portfolio Manager & Member of Investment Committee | 14.1yrs | no data | no data | |
| Portfolio Manager & Member of Investment Committee | 14.1yrs | no data | no data | |
| Member of Investment Committee & Portfolio Manager | 14.1yrs | no data | no data | |
| Portfolio Manager & Member of Investment Committee | 14.1yrs | no data | no data | |
| Portfolio Manager & Member of Investment Committee | 4.1yrs | no data | no data |
14.1yrs
Average Tenure
49yo
Average Age
Experienced Management: QQEW's management team is seasoned and experienced (14.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund's company bio, employee growth, exchange listings and data sources
Key Information
- Name: First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund
- Ticker: QQEW
- Exchange: NasdaqGM
- Founded: 2006
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$980.529m
- Shares outstanding: 12.90m
- Website: https://www.ftportfolios.com/Retail/etf/etfsummary.aspx?Ticker=QQEW
Location
- First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund
- 120 East Liberty Drive
- Suite 400
- Wheaton
- Illinois
- 60187
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QQEW | NasdaqGM (Nasdaq Global Market) | Yes | SHS | US | USD | Apr 2006 |
Biography
First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund is an exchange traded fund launched and managed by First Trust Advisors L.P. It invests in public equity markets of global region. It invests in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the NASDAQ-100 Equal Weighted Index, by using full replication technique. First Trust Exchange-Traded Fund - First Trust NASDAQ-100 Equal Weighted Index Fund was formed on April 19, 2006 and is domiciled in the United States.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:17 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | N/A |
| Annual Earnings | N/A |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.