First Trust NASDAQ-100 Equal Weighted Index Fund is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ-100 Equal Weighted Index (the Index). The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Index is the equal-weighted version of the NASDAQ-100 Index, which includes 100 of the top non-financial securities listed on NASDAQ based on market capitalization. As of Dec 31 2009, the Fund's total assets were $44,413,240 and the Fund's investment portfolio was valued at $40,367,626. The QQEW stock yearly return is shown above.
The yearly return on the QQEW stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the QQEW annual return calculation with any dividends reinvested as applicable (on ex-dates).
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