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QQEW vs AFSM

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

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

First Trust

Annual cost

0.55%

Fund size

$1.6B

AFSM

First Trust Active Factor Small Cap ETF

First Trust

Annual cost

0.75%

Fund size

$94M

Key differences

  • QQEW costs 0.20% less per year.
  • QQEW is significantly larger than AFSM — larger funds tend to be more liquid and less likely to close.
  • QQEW follows a index tracking strategy; AFSM uses active selection.
  • Over the last 3 years, AFSM has delivered higher annualized returns.
  • QQEW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QQEWAFSM
Annual cost (TER)0.55%0.75%
Fund size (AUM)$1.6B$94M
Since20062019
Dividend yield0.32%0.49%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+16.2%+32.0%
CAGR 3Y+15.6%+19.1%
CAGR 5Y+8.4%+8.9%
Sharpe 3Y0.700.80
Volatility 1Y16.22%17.84%
Max drawdown-32.13%-43.54%

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

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