QQEW
QQEW is an exchange-traded fund (ETF) that seeks to track the performance of the NASDAQ-100 Equal Weighted Index. Unlike the traditional NASDAQ-100 Index, which is weighted by market capitalization, QQEW gives equal weight to all 100 stocks in the index, providing balanced exposure to each stock regardless of its market size.
Asset Summary
Loading summary…
Asset Performance Metrics and Risk Characteristics:
Metrics below use daily returns for Jan 1, 2026 – Sep 10, 2026 (YTD).
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
1 Month Trailing Return
-2.87%
Represents the percentage change in asset value over the past month.
3 Month Trailing Return
6.51%
Indicates the percentage change in asset value over the last three months.
Period Max Drawdown
15.57%
The highest percentage drop from the peak value to the lowest point during the observed period.
Standard Deviation
20.67%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
Sharpe Ratio
0.91
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
Calmar Ratio
1.20
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Asset Technical Analysis
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. Using indicators such as moving averages, pivot levels, momentum studies, and candlestick pattern scans can clarify trend strength and volatility. The tabs below summarize moving averages, pivots, technical indicators, candlestick patterns, and recent prices for this symbol.
Analysis
Moving Averages
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
| Type/Period | |
|---|---|
| SMA | |
| EMA | |
| WMA | |
| WEMA |
- SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
- EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
- WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
- WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.
Maximize Your QQEW Trading Now
Unlock the full potential of QQEW with OHLCX Markets’s cutting-edge automated trading system. Our platform provides precise price action analysis, advanced technical indicators, and powerful quantitative algorithms. Enhance your market performance today and transform your trading experience today!
Explore Insights NowFrequently Asked Questions
-
Risks associated with QQEW include market risk, sector risk, and the potential for higher volatility due to its equal-weighted approach. Since QQEW gives equal weight to all stocks, it may be more sensitive to the performance of smaller companies within the index compared to market-cap weighted ETFs.
-
QQEW rebalances its portfolio quarterly to maintain the equal weight allocation among the 100 stocks in the NASDAQ-100 Index. This rebalancing process involves adjusting the weight of each stock to ensure that each maintains an equal share of the fund’s assets.
-
Similar ETFs to QQEW include Invesco QQQ Trust (QQQ), which tracks the NASDAQ-100 Index using a market-cap weighted approach, and Invesco NASDAQ-100 ETF (QQQ), which is also market-cap weighted. While these ETFs track the same index, they do not use the equal-weighted methodology of QQEW.
-
As of the latest update, QQEW has an expense ratio of approximately 0.35%. This fee is deducted from the fund’s assets and covers the cost of managing the ETF.
-
QQEW differs from market-cap weighted ETFs like QQQ in that it provides equal weight to each stock in the NASDAQ-100 Index, rather than weighting by market capitalization. This approach means that smaller companies have the same influence on the ETF’s performance as larger companies, which can lead to different performance outcomes compared to market-cap weighted funds.
-
The historical performance of QQEW reflects its objective to track the NASDAQ-100 Equal Weighted Index. The ETF’s performance may differ from the NASDAQ-100 Index due to the equal weighting of all stocks, which can lead to different return characteristics over various time periods.
-
Yes, QQEW can be held in retirement accounts such as IRAs or 401(k)s. It is important for investors to consider their investment goals and risk tolerance when including QQEW in a retirement portfolio.
-
QQEW distributes dividends on a quarterly basis. These dividends are paid from the income generated by the underlying securities in the ETF’s portfolio.
-
Factors that can affect QQEW’s performance include the relative performance of the 100 stocks in the NASDAQ-100 Equal Weighted Index, market conditions, sector performance, and the effectiveness of the equal-weighting methodology in capturing stock performance.
-
QQEW aims to track the NASDAQ-100 Equal Weighted Index, which is different from the traditional NASDAQ-100 Index in that it provides equal exposure to all 100 stocks. This can result in different performance characteristics compared to the market-cap weighted NASDAQ-100 Index. QQEW may outperform or underperform the traditional index depending on the relative performance of the larger versus smaller stocks.
Top Market Assets
Discover our curated selection of top-performing exchange-traded funds (ETFs) that represent a diverse range of investment opportunities.
SPY is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P 500 Index. The S&P 500 Index includes 500 of the largest publicly traded companies in the United States, representing a broad cross-section of the U.S. economy.
QQQ is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, primarily focusing on technology and innovation sectors.
DIA is an exchange-traded fund (ETF) that aims to track the performance of the Dow Jones Industrial Average (DJIA). The DJIA is a stock market index consisting of 30 large, publicly traded companies in the United States, representing a broad range of industries.
IWM is an exchange-traded fund (ETF) that seeks to track the performance of the Russell 2000 Index. The Russell 2000 Index measures the performance of the 2,000 smallest stocks in the Russell 3000 Index, representing a broad segment of small-cap U.S. companies.
Disclaimers
The information displayed on this site is sourced from third-party providers and is believed to be reliable. OHLCX has not independently verified this data and does not guarantee its accuracy. Content is for educational and informational purposes only and is not financial or investment advice.
With any investment, your capital is at risk. Past performance is no guarantee of future results. Consult your provider's terms and privacy policies where applicable.
Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind.