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Launched

Invesco QQQ Equal Weight ETF

QEWNasdaqC

$29.84−0.12 (−0.40%)

At close: Oct 13, 2026, 4:00 PM

C48/ 100

Rank 7 of 9 in US Equal Weight

C48/100Rank 7 of 9inUS Equal Weight
Intraday session: down, 35 prints from 29.96 to 29.84. Range 29.66 to 29.85. Use the arrow keys to read each point.29.6529.7029.7529.8029.9010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$27M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
103
Avg volume · 30D
0M sh
NAV per share
$30.21
52W range
low $23.71high $31.00
Launched

The ETF.net QEW Grade

Based on 5 of 6 pillars

C

Score 48 out of 100

Category
US Equal Weight⁠
Rank
7 of 9
Six-pillar profile for QEW. Scores out of 100: Cost 42, Risk 64, Mission not scored, Tradability 47, Holdings 57, Durability 22. Strongest: Risk (64). Weakest: Durability (22). Based on 5 of 6 pillars.

Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C42 out of 100
    Rank 6 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 3 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 5 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B57 out of 100
    Rank 6 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F22 out of 100
    Rank 9 of 9

Our read on QEW

ETF.net Research

CFrom the house behind the Nasdaq-100's flagship ETF comes the flip side: the same 100 innovation names, each handed a 1% slice at every quarterly reset, so no handful of mega-caps runs the show.

Stated mandate

The Fund seeks to track, before fees and expenses, the Nasdaq-100 Equal Weighted Index.

Why people hold it

  1. 01Every name starts at a 1% weight and the index resets quarterly, trimming what ran and topping up what lagged. A rules-based check on mega-cap dominance.invesco.comindexes.nasdaqomx.com
  2. 02The sector mix lands differently from the cap-weighted Nasdaq-100: lighter in technology and consumer discretionary, heavier in health care and industrials.invesco.com
  3. 03Came to market at 0.25%, below what the two long-running equal-weight Nasdaq-100 trackers, QQQE and QQEW, charged at the time of launch.direxion.comfinance.yahoo.cominvesting.com

Worth knowing

  1. 01At 0.25% it runs above broad equal-weight large-cap funds such as GSEW and EUSA at 0.09%. The Nasdaq-100 roster is what the extra fee buys.
  2. 02A March 2026 launch, so the live record is short and the fund is still building scale. Newer, smaller ETFs tend to trade with wider bid-ask spreads.
  3. 03Equal weight cuts both ways. Spreading money evenly across roughly 100 names means less exposure to the biggest Nasdaq companies when they are the ones leading.invesco.com

QEW Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
103
Top-10 weight
12%
Largest holding
MRVL1.3%

Geography

  • United States88.03%
  • Netherlands3.96%
  • United Kingdom3.03%
  • Canada2.10%
  • Uruguay0.97%
  • Ireland0.96%
  • Singapore0.94%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MRVLMarvell Technology Inc1.29%1,275$351K470
002AMDAdvanced Micro Devices Inc1.28%573$348K635
003MRNAModerna Inc1.26%1,520$342K286
004METAMeta Platforms Inc1.24%471$338K704
005DDOGDatadog Inc1.23%1,137$333K424
006LITELumentum Holdings Inc1.20%295$325K403
007CRWDCrowdstrike Holdings Inc1.18%1,168$321K472
008INTCIntel Corp1.16%3,013$315K511
009MSTRStrategy Inc1.15%2,028$313K197
010SHOPShopify Inc1.15%1,830$313K131
011SNPSSynopsys Inc1.15%613$313K381
012ALABAstera Labs Inc1.14%908$311K263
013TERTeradyne Inc1.14%771$310K427
014FTNTFortinet Inc1.13%1,577$307K468
015SPCXSpace Exploration Technologies Corp1.12%1,876$305K287

Showing 1–15 of 103 holdings

QEW Performance

Launched Mar 18, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
QEW$10,044
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. QEW $10,044. SPY $10,332. Use the arrow keys to read each point.$9,506$9,957$10,408Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QEW. Periods over one year show the average yearly return.
PeriodQEW
Year to dateFund launched this year—
1 month+2.3%
3 months+0.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QEW
YearReturn barQEW
2026 YTD+21.0%

Since listing, Mar 18, 2026

QEW in the news

Filtered to QEW · Invesco

QEW Dividends

Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 22, 2026 $0.03; Sep 21, 2026 $0.05. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.05
Jun 22, 2026Jun 26, 2026$0.03

QEW Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.75
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

QEW Cost

Expense ratio0.25%
  • The middle half of US Equal Weight funds
  • Median 0.20%

5 of the 9 US Equal Weight funds charge less.

QEW costs $25.00 a year on $10,000. The median US Equal Weight fund costs $20.00.

Other funds in US Equal Weight

See others