See what your fund actually adds
First Trust Nasdaq-100 Select Equal Weight ETF QQEW
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | QQEW | Replication |
|---|---|---|
| Annualized growth | 8.1% | 10.0% |
| Annualized volatility | 20.0% | 19.7% |
| Sharpe ratio | 0.49 | 0.58 |
| Maximum drawdown | 31.9% | 33.4% |
| Replication fit (R²) | 0.94 · Tracking error 5.1% | |
Replication portfolio
The published portfolio below is the investable basket used to model QQEW’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VOT | Mid-Cap · Growth | 47.3% |
| XLK | Sector · Technology | 27.6% |
| XLY | Sector · Cons Discr | 9.4% |
| VOX | Sector · Communication | 9.3% |
| XLV | Sector · Healthcare | 6.4% |