First Trust Nasdaq 100 Etf Profile
| QQEW Etf | USD 117.80 1.54 1.32% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 117.80 as of the 24th of April 2024; that is 1.32 percent up since the beginning of the trading day. The etf's lowest day price was 116.47. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust NASDAQ 100 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks and depositary receipts that comprise the index. Nasdaq 100 is traded on NASDAQ Exchange in the United States. More on First Trust NASDAQ 100
Moving together with First Etf
| 0.78 | VUG | Vanguard Growth Index | PairCorr |
| 0.77 | IWF | iShares Russell 1000 | PairCorr |
| 0.66 | IVW | iShares SP 500 | PairCorr |
| 0.7 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.69 | IUSG | iShares Core SP | PairCorr |
| 0.77 | VONG | Vanguard Russell 1000 | PairCorr |
| 0.76 | MGK | Vanguard Mega Cap | PairCorr |
First Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | James Bowen |
| Old Name | First Trust Nasdaq-100 Equal Weighted Index Fund |
| Business Concentration | Large Growth, First Trust (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 0.47 |
| Name | First Trust NASDAQ-100 Equal Weighted Index Fund |
| Currency Code | USD |
| In Threey Volatility | 19.71 |
| 1y Volatility | 16.81 |
| 200 Day M A | 112.56 |
| 50 Day M A | 121.47 |
| Code | QQEW |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.29 |
| Type | ETF |
First Trust NASDAQ 100 [QQEW] is traded in USA and was established 2006-04-19. The fund is listed under Large Growth category and is part of First Trust family. First Trust NASDAQ at this time have 1.12 B in assets. , while the total return for the last 3 years was 3.4%.
Check First Trust Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust NASDAQ 100 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top First Trust NASDAQ 100 Etf Constituents
| BIIB | Biogen Inc | Stock | Health Care |
| AMGN | Amgen Inc | Stock | Health Care |
| JD | JD Inc Adr | Stock | Consumer Discretionary |
| COST | Costco Wholesale Corp | Stock | Consumer Staples |
| PEP | PepsiCo | Stock | Consumer Staples |
| ALGN | Align Technology | Stock | Health Care |
| NVDA | NVIDIA | Stock | Information Technology |
First Trust Target Price Odds Analysis
Depending on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is more than 93.0%. The First Trust NASDAQ 100 probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1623 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Trust will likely underperform. Additionally, first Trust NASDAQ 100 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is more than 93.0 (This First Trust NASDAQ 100 probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .
First Trust Top Holders
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| DWAW | AdvisorShares Dorsey Wright | Etf | Large Blend |
First Trust NASDAQ Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.01) |
First Trust Against Markets
Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust NASDAQ 100 at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy First Etf?
Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Trust NASDAQ 100 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Trust NASDAQ 100 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust NASDAQ 100, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.
Already Invested in First Trust NASDAQ 100?
The danger of trading First Trust NASDAQ 100 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust NASDAQ is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Trust NASDAQ is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Nasdaq 100 Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Nasdaq 100 Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust NASDAQ 100. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the First Trust NASDAQ information on this page should be used as a complementary analysis to other First Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of First Trust NASDAQ is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.