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 week, I took a look at the First Trust NASDAQ-100 Equal Weighted Index Fund (NasdaqGIDS: QQEW). The equal-weight approach allows investors to capitalize on the outperformance in mid- and small-cap stocks and helps reduce the impact of larger companies. [Apple Earnings Lift Nasdaq-100 ETF]
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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.