I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.

This Thursday, I focused on the First Trust NASDAQ-100 Equal Weighted Index Fund (NasdaqGM: QQEW). [Nasdaq ETF Lagging on Apple Wipeout]

Apple (NasdaqGS: AAPL) has been a drag on the Nasdaq-100, but investors who still want exposure to the tech-heavy index can look at an equal-weight ETF approach instead. [Equal-Weight Nasdaq ETF]

Click here to listen to the podcast.

Full disclosure: Tom Lydon’s clients own AAPL.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.