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QQEW vs AFMC

First Trust Nasdaq-100 Select Equal Weight ETF vs First Trust Active Factor Mid Cap ETF

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

First Trust

Annual cost

0.55%

Fund size

$1.6B

AFMC

First Trust Active Factor Mid Cap ETF

First Trust

Annual cost

0.68%

Fund size

$153M

Key differences

  • QQEW costs 0.13% less per year.
  • QQEW is significantly larger than AFMC — larger funds tend to be more liquid and less likely to close.
  • QQEW follows a index tracking strategy; AFMC uses active selection.
  • Over the last 3 years, AFMC has delivered higher annualized returns.
  • QQEW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QQEWAFMC
Annual cost (TER)0.55%0.68%
Fund size (AUM)$1.6B$153M
Since20062019
Dividend yield0.32%0.81%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+16.2%+27.2%
CAGR 3Y+15.6%+20.8%
CAGR 5Y+8.4%+10.2%
Sharpe 3Y0.700.96
Volatility 1Y16.22%14.96%
Max drawdown-32.13%-42.14%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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