Name of ETF: First Trust NASDAQ-100 Equal Weighted Index Fund
Benchmark Index: NASDAQ-100 Equal Weighted Index
Ticker Symbol: QQEW
Approximate Number of Stocks in this ETF: 100
Types of Companies Included: The largest U.S. and international companies listed on the NASDAQ stock exchange. Companies from the financial sector are excluded from the index.
Individual Company Weight: This ETF is equally weighted which means companies like Dollar Tree have essentially the same representation in the ETF as larger companies like Amazon.