QEW ETF: Steady Start for Invesco's New Equal-Weight Nasdaq-100 Fund in 2026
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The Invesco QQQ Equal Weight ETF (QEW), launched on March 18, 2026, offers an equal-weighted alternative to the Nasdaq-100 Index, with a 0.25% expense ratio. Since its debut, QEW has traded between $24.34 and $25.09, currently at $24.56, down 0.8%. This ETF aims to provide balanced exposure to tech by evenly distributing weight across all constituents, reducing concentration risk. Similar ETFs include Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW).
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