QQEW vs. MGK ETF Comparison
Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Vanguard Mega Cap Growth ETF (MGK)
QQEW
First Trust NASDAQ-100 Equal Weighted Index Fund
QQEW Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$124.03
Average Daily Volume
68,370
101
MGK
Vanguard Mega Cap Growth ETF
MGK Description
The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index, which represents the growth companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.Grade (RS Rating)
Last Trade
$317.72
Average Daily Volume
416,145
71
Performance
Period | QQEW | MGK |
---|---|---|
30 Days | 1.48% | 3.33% |
60 Days | 6.06% | 7.52% |
90 Days | -0.86% | -2.54% |
12 Months | 20.77% | 39.89% |
39 Overlapping Holdings
Symbol | Grade | Weight in QQEW | Weight in MGK | Overlap | |
---|---|---|---|---|---|
AAPL | C | 0.98% | 13.52% | 0.98% | |
ABNB | D | 0.97% | 0.31% | 0.31% | |
ADBE | F | 0.97% | 1.3% | 0.97% | |
ADP | A | 0.98% | 0.39% | 0.39% | |
ADSK | C | 1.01% | 0.39% | 0.39% | |
AMAT | B | 1.08% | 0.84% | 0.84% | |
AMD | B | 1.06% | 1.18% | 1.06% | |
AMZN | C | 0.98% | 4.54% | 0.98% | |
BKNG | C | 1.04% | 0.72% | 0.72% | |
CDNS | D | 0.99% | 0.44% | 0.44% | |
COST | C | 0.98% | 1.9% | 0.98% | |
CRWD | D | 0.93% | 0.38% | 0.38% | |
FTNT | B | 0.99% | 0.26% | 0.26% | |
GOOG | B | 0.49% | 3.02% | 0.49% | |
GOOGL | B | 0.49% | 3.67% | 0.49% | |
INTU | F | 0.97% | 0.88% | 0.88% | |
ISRG | C | 0.99% | 0.93% | 0.93% | |
KLAC | B | 1.05% | 0.62% | 0.62% | |
LIN | B | 1.01% | 0.65% | 0.65% | |
LRCX | D | 1.08% | 0.58% | 0.58% | |
LULU | D | 1.01% | 0.17% | 0.17% | |
MAR | B | 1.01% | 0.36% | 0.36% | |
META | A | 1.0% | 4.96% | 1.0% | |
MNST | D | 1.0% | 0.27% | 0.27% | |
MRVL | B | 0.98% | 0.29% | 0.29% | |
MSFT | D | 0.98% | 12.68% | 0.98% | |
NFLX | B | 1.0% | 1.48% | 1.0% | |
NVDA | B | 1.05% | 11.29% | 1.05% | |
ORLY | A | 1.03% | 0.44% | 0.44% | |
PANW | D | 0.98% | 0.67% | 0.67% | |
PAYX | A | 0.98% | 0.23% | 0.23% | |
ROST | D | 0.98% | 0.35% | 0.35% | |
SBUX | C | 1.0% | 0.62% | 0.62% | |
SNPS | F | 1.0% | 0.47% | 0.47% | |
TMUS | A | 1.01% | 0.6% | 0.6% | |
TSLA | C | 1.05% | 2.74% | 1.05% | |
TXN | C | 1.02% | 1.01% | 1.01% | |
VRTX | D | 0.98% | 0.7% | 0.7% | |
WDAY | D | 0.98% | 0.4% | 0.4% |
QQEW Overweight 62 Positions Relative to MGK
Symbol | Grade | Weight | |
---|---|---|---|
PDD | B | 1.28% | |
MU | D | 1.19% | |
INTC | D | 1.08% | |
ASML | F | 1.06% | |
ARM | C | 1.06% | |
ON | F | 1.04% | |
AVGO | C | 1.03% | |
MCHP | F | 1.03% | |
PYPL | C | 1.03% | |
NXPI | F | 1.03% | |
EA | D | 1.02% | |
GFS | F | 1.02% | |
TTWO | F | 1.01% | |
CTSH | B | 1.01% | |
QCOM | C | 1.01% | |
CMCSA | C | 1.01% | |
DASH | B | 1.01% | |
GEHC | C | 1.01% | |
ADI | C | 1.01% | |
FAST | C | 1.0% | |
CPRT | C | 1.0% | |
CTAS | C | 1.0% | |
ANSS | D | 1.0% | |
CDW | D | 1.0% | |
DLTR | F | 1.0% | |
CSCO | A | 1.0% | |
HON | C | 1.0% | |
MELI | D | 0.99% | |
TTD | A | 0.99% | |
TEAM | D | 0.99% | |
VRSK | C | 0.99% | |
MDLZ | D | 0.99% | |
KDP | C | 0.99% | |
IDXX | D | 0.99% | |
ODFL | F | 0.99% | |
CEG | A | 0.99% | |
WBD | D | 0.99% | |
ILMN | B | 0.99% | |
PCAR | C | 0.98% | |
GILD | A | 0.98% | |
ZS | F | 0.98% | |
ROP | C | 0.98% | |
PEP | F | 0.98% | |
EXC | A | 0.98% | |
DDOG | C | 0.98% | |
KHC | F | 0.98% | |
AZN | D | 0.98% | |
XEL | B | 0.98% | |
MDB | D | 0.97% | |
AEP | C | 0.97% | |
CSX | D | 0.96% | |
BIIB | F | 0.96% | |
MRNA | F | 0.96% | |
CCEP | D | 0.96% | |
DXCM | F | 0.95% | |
CHTR | D | 0.95% | |
BKR | B | 0.95% | |
CSGP | F | 0.95% | |
AMGN | D | 0.93% | |
FANG | C | 0.92% | |
REGN | D | 0.9% | |
SMCI | F | 0.87% |
QQEW Underweight 32 Positions Relative to MGK
Symbol | Grade | Weight | |
---|---|---|---|
LLY | D | -3.8% | |
V | C | -2.06% | |
MA | A | -1.92% | |
CRM | B | -1.17% | |
MCD | A | -1.07% | |
NOW | C | -0.93% | |
SPGI | B | -0.88% | |
DIS | D | -0.85% | |
UBER | C | -0.78% | |
TJX | D | -0.73% | |
BSX | A | -0.67% | |
ACN | B | -0.63% | |
AMT | C | -0.61% | |
BA | F | -0.59% | |
NKE | D | -0.56% | |
ANET | A | -0.54% | |
SHW | C | -0.53% | |
MCO | D | -0.49% | |
EQIX | C | -0.49% | |
ZTS | C | -0.46% | |
CMG | C | -0.45% | |
ECL | B | -0.42% | |
SYK | C | -0.4% | |
BX | C | -0.38% | |
AON | B | -0.31% | |
EW | F | -0.29% | |
SLB | D | -0.26% | |
SNOW | F | -0.26% | |
HLT | B | -0.26% | |
AZO | D | -0.26% | |
SQ | D | -0.21% | |
EL | D | -0.18% |
QQEW: Top Represented Industries & Keywords
MGK: Top Represented Industries & Keywords