First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW) Alternatives
First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQEW. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QQEW
QQEW charges 0.58% annually. Among ETFs in the Large Cap Growth Equities category, these options have the lowest expense ratios among QQEW alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| JP Morgan Betabuilders U.S. Equity ETF | 0.02% | Mar 12, 2019 | QQEW vs BBUS | |
| iShares Morningstar U.S. Equity ETF | 0.03% | Jun 28, 2004 | QQEW vs ILCB | |
| Schwab U.S. Broad Market ETF | 0.03% | Nov 3, 2009 | QQEW vs SCHB | |
| Vanguard Growth ETF | 0.03% | Nov 13, 2000 | QQEW vs VUG | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | Jan 20, 2004 | QQEW vs ITOT |
Best Risk-Adjusted Alternatives to QQEW
Among ETFs in the Large Cap Growth Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Grizzle Growth ETF | 93 | Dec 15, 2021 | QQEW vs DARP | |
| Franklin Intelligent Machines ETF | 88 | Feb 25, 2020 | QQEW vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 85 | Mar 19, 2025 | QQEW vs FMTM | |
| First Trust US Equity Opportunities ETF | 83 | Apr 12, 2006 | QQEW vs FPX | |
| iShares Global 100 ETF | 83 | Dec 5, 2000 | QQEW vs IOO |
Top Performing QQEW Alternatives (YTD)
QQEW alternatives from the Large Cap Growth Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| GQG US Equity ETF | 9.61% | Jul 14, 2025 | QQEW vs GQGU | |
| MarketDesk Focused U.S. Momentum ETF | 8.17% | Mar 19, 2025 | QQEW vs FMTM | |
| SMART Earnings Growth 30 ETF | 6.68% | Aug 19, 2025 | QQEW vs SGRT | |
| Inspire 100 ETF | 4.92% | Oct 30, 2017 | QQEW vs BIBL | |
| Grizzle Growth ETF | 4.29% | Dec 15, 2021 | QQEW vs DARP |
Lowest Volatility Alternatives to QQEW
QQEW alternatives from the Large Cap Growth Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| GQG US Equity ETF | 9.55% | Jul 14, 2025 | QQEW vs GQGU | |
| Core Alternative ETF | 10.74% | May 24, 2017 | QQEW vs CCOR | |
| Global X NASDAQ 100 Collar 95-110 ETF | 12.06% | Aug 25, 2021 | QQEW vs QCLR | |
| First Trust Capital Strength ETF | 13.60% | Jul 6, 2006 | QQEW vs FTCS | |
| OShares U.S. Quality Dividend ETF | 13.88% | Jul 14, 2015 | QQEW vs OUSA |
Lowest Drawdown Alternatives to QQEW
QQEW alternatives from the Large Cap Growth Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Core Alternative ETF | -9.17% | May 24, 2017 | QQEW vs CCOR | |
| First Trust Capital Strength ETF | -9.38% | Jul 6, 2006 | QQEW vs FTCS | |
| Pacer Lunt Large Cap Alternator ETF | -9.79% | Jun 24, 2020 | QQEW vs ALTL | |
| OShares U.S. Quality Dividend ETF | -9.80% | Jul 14, 2015 | QQEW vs OUSA | |
| American Customer Satisfaction ETF | -9.91% | Nov 1, 2016 | QQEW vs ACSI |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With QQEW
What investors most often compare with QQEW, based on PortfoliosLab usage data.
Compare QQEW with Any Fund or Stock
Compare QQEW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.