ducovest

QQEW:NSD-First Trust NASDAQ-100 Equal Weighted Index Fund (USD)

ETF | Large Growth | NASDAQ Global Market

Last Closing

USD 74.57

Change

-1.44 (-1.89)%

Market Cap

USD 0.39B

Volume

0.08M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization.

Company Website : www.ftportfolios.com

Currency: USD

Country : USA

Inception Date: 19/04/2006

Primary Benchmark: NASDAQ US-100 Equal Weighted TR

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.6%

Management Expense Ratio: 0.60 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-01-27 )

Largest Industry Peers for Large Growth

Symbol Name Mer Price(Change) Market Cap
QQQ Invesco QQQ Trust 0.20 %

+4.17 (+1.01%)

 USD 254.43B
VONG Vanguard Russell 1000 Growth I.. 0.12 %

+0.77 (+0.95%)

 USD 19.53B
IUSG iShares Core S&P U.S. Growth E.. 0.04 %

+1.15 (+1.05%)

 USD 16.94B
ONEQ Fidelity® Nasdaq Composite In.. 0.21 %

+0.65 (+1.08%)

 USD 6.10B
FV First Trust Dorsey Wright Focu.. 0.30 %

+0.48 (+0.92%)

 USD 3.80B
QQQE Direxion NASDAQ-100 Equal Weig.. 0.35 %

+0.80 (+0.97%)

 USD 1.21B
FTC First Trust Large Cap Growth A.. 0.61 %

+0.97 (+0.86%)

 USD 1.11B
LRGE ClearBridge Large Cap Growth E.. 0.59 %

+0.45 (+0.72%)

 USD 0.22B
QQXT First Trust NASDAQ-100 Ex-Tech.. 0.60 %

+0.57 (+0.67%)

 USD 0.15B
CACG ClearBridge All Cap Growth 0.53 %

+0.60 (+1.23%)

 USD 0.13B

ETFs Containing QQEW

N/A

Market Performance

  Market Performance vs. Industry/Classification (Large Growth) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.04% 30% F 59% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.04% 30% F 59% D-
Trailing 12 Months  
Capital Gain 24.62% 60% D- 75% C
Dividend Return 0.41% 30% F 5% F
Total Return 25.02% 50% F 74% C
Trailing 5 Years  
Capital Gain 76.58% 50% F 74% C
Dividend Return 3.40% 50% F 10% F
Total Return 79.98% 50% F 72% C
Average Annual (5 Year Horizon)  
Capital Gain 12.07% 50% F 68% D+
Dividend Return 12.68% 50% F 66% D+
Total Return 0.61% 50% F 15% F
Risk Return Profile  
Volatility (Standard Deviation) 11.71% 40% F 84% B
Risk Adjusted Return 108.27% 40% F 93% A
Market Capitalization 0.39B 40% F 69% C-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.