Invesco QQQ Equal Weight ETF
QEW - ETF AI Analysis
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Invesco QQQ Equal Weight ETF (QEW)
QEW, the Invesco QQQ Equal Weight ETF, earns a solid overall rating largely because many of its key holdings like Walmart, Texas Instruments, and Analog Devices show strong financial performance, positive earnings trends, and supportive long-term growth strategies. At the same time, several holdings such as Shopify, Thomson Reuters, and CrowdStrike face high valuations, mixed or bearish technical signals, and some profitability or market challenges, which temper the fund’s rating. The main risk factor is that many top positions share similar issues of rich valuations and overbought or cautious technical conditions, which could increase volatility if market sentiment shifts.
QEW vs. SPDR S&P 500 ETF (SPY)
- AUM
- 31.50M
- Region
- North America
- Expense Ratio
- 0.25%
- Beta
- 1.17
- Issuer
- Invesco
- Inception Date
- Mar 18, 2026
- Dividend Yield
- 0.29%
- Asset Class
- Equity
- Index Tracked
- NASDAQ-100 Equally Weighted Index
QEW Summary
Invesco QQQ Equal Weight ETF (QEW) tracks the NASDAQ-100 Equally Weighted Index, which means it invests in about 100 of the biggest non-financial companies on the Nasdaq and gives each one a similar size in the fund. It holds many well-known growth names like Airbnb and Palo Alto Networks, along with other tech, consumer, and healthcare companies. Someone might invest in QEW to get broad exposure to innovative U.S. companies while avoiding too much dependence on a few giants. A key risk is that it is still heavily tied to the stock market and tech-related sectors, so its value can rise and fall sharply.
How much will it cost me?
This ETF has an expense ratio of 0.25%, which means you’ll pay about $2.50 per year for every $1,000 you invest. That’s a bit higher than the cheapest index ETFs because QEW uses an equal-weight strategy that requires more frequent rebalancing than a simple passive, cap-weighted index fund.
What would affect this ETF?
This ETF is heavily tied to U.S. technology and other growth-oriented companies, so advances in innovation, strong corporate earnings, and a stable or falling interest-rate environment could support its future performance, especially if mid-sized tech names do well. On the other hand, higher interest rates, tighter regulations on big tech and data, or a broad slowdown in the U.S. economy could hurt many of its holdings at the same time, and its equal-weight approach may lag if a few mega-cap tech giants strongly outperform the rest of the market.
QEW Top 10 Holdings
QEW’s story is about spreading the tech love around rather than letting a few giants run the show. High-flyers like Moderna, Shopify, and AI-focused chip names such as AMD and Marvell have been doing much of the heavy lifting, while Intuitive Surgical has been more of a steady but slightly winded contributor. Datadog and Meta add to the growth tilt, though their momentum has been a bit mixed lately. With most holdings rooted in U.S. technology and growth-oriented sectors, the fund is diversified by name but still leans heavily into America’s innovation engine.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 MRNA | Moderna | 1.44% | $462.07K | $101.49B | 841.65% | 59Neutral |
 APP | AppLovin | 1.33% | $427.44K | $131.04B | -31.96% | 74Outperform |
 MAR | Marriott International | 1.29% | $414.16K | $110.28B | 47.03% | 62Neutral |
 IDXX | Idexx Laboratories | 1.30% | $416.64K | $54.89B | -1.39% | 78Outperform |
 ISRG | Intuitive Surgical | 1.22% | $392.44K | $156.00B | -21.43% | 78Outperform |
 WMT | Walmart | 1.23% | $395.11K | $996.08B | 21.49% | 78Outperform |
 GEHC | GE Healthcare Technologies Inc | 1.19% | $382.27K | $37.82B | 12.52% | 78Outperform |
 KDP | Keurig Dr Pepper | 1.23% | $395.66K | $51.16B | 43.10% | 71Outperform |
 GILD | Gilead Sciences | 1.19% | $382.40K | $211.94B | 38.49% | 78Outperform |
 REGN | Regeneron | 1.23% | $394.32K | $94.75B | 42.23% | 78Outperform |
QEW Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QEW, the sentiment is Positive. The current price of 29.16 is above the 20-day moving average (MA) of 29.00, below the 50-day MA of 29.44, and compared to the 200-day MA of , indicating a neutral trend. The MACD of -0.30 indicates Positive momentum. The RSI at 50.69 is Neutral, neither overbought nor oversold. The STOCH value of 63.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QEW.
QEW Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| QEW | $29.16 | $32.00(9.74% Upside) | $31.50M | 0.25% | 70Outperform |
 QQQE | $117.70 | $145.72(23.81% Upside) | $1.41B | 0.35% | 70Outperform |
 ACEP | $20.15 | $23.73(17.80% Upside) | $101.01M | 0.46% | 70Outperform |
 HAWG | $29.72 | $36.95(24.34% Upside) | $100.33M | 1.35% | 73Outperform |
 PRMR | $28.59 | $34.23(19.73% Upside) | $91.52M | 1.00% | 73Outperform |
 NULC | $54.65 | $67.53(23.58% Upside) | $86.71M | 0.21% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| QEW | Invesco QQQ Equal Weight ETF | 29.16 | 4.41 | 17.83% | |
| QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 117.70 | 17.52 | 17.49% | |
| ACEP | ARS Core Equity Portfolio ETF | 20.14 | 5.04 | 33.36% | |
| HAWG | HCM Hedged Equity ETF | 29.72 | -0.54 | -1.80% | |
| PRMR | PeakShares RMR Prime Equity ETF | 28.59 | 3.61 | 14.45% | |
| NULC | Nuveen ESG Large-Cap ETF | 54.65 | 7.55 | 16.02% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.