MARKET

QQEW

QQEW

First Trust NASDAQ-100 Equal Wtd ETF
NASDAQ

Real-time Quotes | Provided by Morningstar

84.15
+0.62
+0.74%
Opening 13:46 09/22 EDT
OPEN
84.02
PREV CLOSE
83.53
HIGH
84.16
LOW
83.23
VOLUME
25.72K
TURNOVER
--
52 WEEK HIGH
91.76
52 WEEK LOW
53.69
TOTAL ASSET
956.68M
YTD YIELD
19.16%
1D
5D
1M
3M
1Y
5Y
News
Performance
In America, Money Grows On Trees, Right?
A new wave of policy proposals is gaining steam, centered around the idea that the US can use unlimited amounts of debt (or money printing) without consequence.Currently, the US does not "print" spendable dollars. The increase in debt, however, has been having measurable consequences on the rate of growth in the economy.Debt in the US surpassed 400% of GDP for the first time in history, setting the stage for weak economic growth to come.No, in America, money does not grow on trees, and the increase in debt already has had profoundly negative impacts on the rate of improvement in the standard of living.Under record amounts of debt, economic growth will continue to fall in real terms, pushing down the risk premium on long-term Treasury bonds.
Seekingalpha · 40m ago
S&P 500: The 'Fall' Ahead
It has been a rough start to the fall season, with a 10% materializing in the S&P 500 over the last 20 days so far.Unfortunately, due to numerous detrimental fundamental factors surrounding the economy, it is still likely to get worse before things get better.Stocks are far from cheap right now, and it is unlikely that most forward estimates can be relied on in my view.There is likely more downside ahead, roughly to the 3,000 level in the S&P 500 in a base-case scenario, and plausibly lower in a worst-case scenario outcome.
Seekingalpha · 1h ago
Offers Worth Taking Coming Down The Pike
Zombie companies have feasted on price-indiscriminate yield-seekers with a ravenous appetite to pay top dollar for credit that is not money-sound.The debt owed by Russell 3000 companies where profits have been insufficient to cover the interest paid on debts for at least three years, reached 15% recently.As consumers and corporate revenues continue to retrench, cans will no longer be kickable, and bankruptcies have some catching up to do.
Seekingalpha · 5h ago
Value, Margin Of Safety, And The Art Of Doing Nothing
Throughout market history, investors repeatedly abandon the principles of value investing and maintaining a "margin of safety" during periods of exuberance. Ultimately, those investors paid a dear price for their speculation.In a market that is overvalued on many metrics, finding value becomes difficult. Furthermore, holding value when it is underperforming the "hot stocks" in the market is even more challenging.When investing, we seek to deploy capital in an operation with potential to deliver a high return on that investment. Therefore, logically, if no such opportunity with the required "margin of safety" exists, then the best operation is to "do nothing."
Seekingalpha · 5h ago
Corporate Credit Spreads And Some Other Geeky Data Points
Coming into COVID-19, a chunk of client bond money was in higher yielding money markets since credit spreads (in my opinion) offered little value prior to March 2020.After the 35% correction in the S&P 500, and upon the announcement of the Fed liquidity programs, all that money was moved into corporate credit risk (a tactical bet) given the spread widening that happened.Can't recall the source, but Value is on track to outperform Growth for the month, for the first time in years. The question is, "is this sustainable or is it the proverbial dead-cat bounce?"
Seekingalpha · 7h ago
In Check
The great part about the election is, it's a known unknown. Markets are preparing for volatility around the event, even if the event takes months to reconcile.Wall Street is actively hedging risk in that time frame. That itself is bringing down risk surrounding the event.If you can keep your fear and greed under control, you can profit.The CNN Fear and Greed Index is back down to a reasonable 52, which is considered Neutral.
Seekingalpha · 7h ago
Economic Forecast 2022-23: Recovery From The Pandemic Recession
With fewer deaths, we face lower risk of business-throttling orders from the government.Currently, the economy lies in a middle ground - not locked down but not back to normal.In the near term, incomes are likely to fall because the $600 extra unemployment payments are over.
Seekingalpha · 8h ago
All 3 Indexes Lower - Weekly Market Notes September 21, 2020
The Dow Jones Industrial Average lost 0.3%. The S&P 500 fell 0.64% while the NASDAQ Composite fell 1.16%.Central banks have taken extraordinary measures to provide liquidity to the markets over the past six months.The technology sector will continue to benefit from the growing trends in internet retail, education, entertainment, medicine and work.
Seekingalpha · 10h ago
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No Data
No Data
Ratings
Date
Period
Agency
Ratings
08/31/2020
3 Year
Morningstar
08/31/2020
5 Year
Morningstar
08/31/2020
10 Year
Morningstar
  • Performance
  • Asset Allocation
  • Dividend History
Period
Return
Rank in Cat
1-Month
3.1655%
--
3-Month
11.5381%
--
6-Month
24.5777%
--
1-Year
19.1568%
--
3-Year
17.4267%
--
5-Year
16.8606%
--
10-Year
16.5869%
--
Since Inception
11.3863%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
First Trust NASDAQ-100 Equal Wtd ETF
Risk
Medium-low risk
Inception Date
2006-04-19
Benchmark
Russell 1000 Growth TR
Advisor Company
First Trust
Custodian
The Bank of New York Mellon
Manager
Team Managed