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TNXTvsQQEWETF Comparison

ETF 1

TNXT

T. Rowe Price Innovation Leaders ETF

This fund is part of

Uncategorized Equities

+0%

Full TNXT fund page

VS

ETF 2

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

This fund is part of

US Large Cap

+0%

Full QQEW fund page

T. Rowe Price Innovation Leaders ETF (TNXT) belongs to the Uncategorized Equities segment. First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) is part of the US Large Cap segment. TNXT's top 3 sector exposures are Information Technology, Health Care and Communication Services. In contrast, QQEW's top sector exposures are Information Technology, Health Care and Consumer Discretionary. TNXT is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.55% for QQEW. Run a side-by-side ETF comparison of TNXT and QQEW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TNXT vs QQEW performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/19/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TNXT QQEW	+4.82%+8.51%	+20.04%+19.24%	n/a+10.40%	n/a+19.52%	n/a+50.39%	n/a+47.51%
Flows	TNXT QQEW	-$7K+$279M	-$648K+$195M	-+$87M	--$408K	--$465M	-+$141M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TNXT QQEW	+22.56%+23.52%	n/a+17.79%	n/a+18.47%	n/a+21.41%
Max drawdown	TNXT QQEW	-6.56%-8.20%	n/a-15.73%	n/a-21.45%	n/a-32.39%
Max drawdown duration	TNXT QQEW	18d18d	n/a204d	n/a129d	n/a792d

Trading data

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	TNXT	QQEW
Last sale 6/18/2026 at 1:30 PM	$27.41	$156.82
Previous close 06/18/2026	$26.87	$154.57
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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TNXT

is actively managed and doesn’t replicate an index

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	TNXT	QQEW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	TNXT	QQEW
Last price	$27.41	$156.82
1D performance	+2.01%	+1.46%
AuM	$17.79 M	$2.13 B
E/R	0.49%	0.55%

Characteristics

	TNXT	QQEW
Management strategy	Active	Passive
Provider	T. Rowe Price	First Trust
Benchmark	-	NASDAQ 100 Equal Weighted Index
N° of holdings	185	47
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	January 28, 2026	April 19, 2006
ESG	No	No

More TNXT data on Trackinsight

More QQEW data on Trackinsight

Exposure

Countries

TNXT

USA

79.72%

Other

20.28%

QQEW

USA

96.55%

Other

3.45%

Sectors

TNXT

Information Techn.

40.16%

Health Care

16.89%

Communication Ser.

8.57%

Other

34.38%

QQEW

Information Techn.

51.1%

Health Care

14.42%

Consumer Discreti.

12.24%

Communication Ser.

8.18%

Other

14.06%

Diversification

TNXT

Total weight of top 15 holdings out of 15

40.29%

QQEW

Total weight of top 15 holdings out of 15

35.82%

Top 15 holdings

Data as of April 30, 2026

TNXT

NVIDIA

7.68%

APPLE

4.59%

MICROSOFT-T

3.42%

BROADCOM LIMITED

3.31%

AMAZON.COM INC

3.27%

ALPHABET INC-CL

2.38%

ALPHABET INC-CL

2.30%

INTEL-T

2.05%

META PLATFORMS

2.05%

ADVANCED MICRO DEVICES

1.96%

US8740391003

1.71%

TESLA

1.70%

US04016X1019

1.39%

ASTRAZENECA

1.27%

VISA INCORPORATION

1.21%

QQEW

SEAGATE TECHNOLOGY HOLDINGS PLC

3.35%

US0420682058

3.03%

MONOLITHIC POWER SYSTEMS

2.81%

BROADCOM LIMITED

2.57%

MICRON TECHNOLOGY

2.43%

CADENCE DESIGN SYSTEMS

2.28%

SYNOPSYS

2.21%

NVIDIA

2.18%

KLA CORPORATION

2.18%

MERCADOLIBRE

2.14%

APPLE

2.14%

US5128073062

2.13%

DOORDASH

2.13%

DATADOG

2.13%

CROWDSTRIKE HOLDINGS INC

2.11%

Frequently asked questions about TNXT and QQEW

Which ETF is bigger: TNXT or QQEW?

As of June 19, 2026, TNXT holds $17.79 M in assets under management (AUM), while QQEW manages $2.13 B.

What sectors do the TNXT and QQEW ETFs invest in?

TNXT leans toward sectors like Information Technology, Health Care and Communication Services. Meanwhile, QQEW focuses on Information Technology, Health Care and Consumer Discretionary.

What are the top holdings of the TNXT ETF and QQEW ETF?

TNXT top holdings include NVIDIA, APPLE and MICROSOFT-T. QQEW holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, US0420682058 and MONOLITHIC POWER SYSTEMS.

Which ETF is more diversified: TNXT or QQEW?

TNXT holds 196 securities with 40.29% of its assets in the top 15. QQEW has 50 securities and a top 15 weight of 35.82%.

Tony's ETF Buyers Guide: Equal-Weight ETFs

May 14, 2024

QQEW

TNXTvsQQEWETF Comparison

T. Rowe Price Innovation Leaders ETF

First Trust Nasdaq-100 Select Equal Weight ETF

TNXT vs QQEW performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: TNXT or QQEW?

As of June 19, 2026, TNXT holds $17.79 M in assets under management (AUM), while QQEW manages $2.13 B.

What sectors do the TNXT and QQEW ETFs invest in?

TNXT leans toward sectors like Information Technology, Health Care and Communication Services. Meanwhile, QQEW focuses on Information Technology, Health Care and Consumer Discretionary.

What are the top holdings of the TNXT ETF and QQEW ETF?

TNXT top holdings include NVIDIA, APPLE and MICROSOFT-T. QQEW holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, US0420682058 and MONOLITHIC POWER SYSTEMS.

Which ETF is more diversified: TNXT or QQEW?

TNXT holds 196 securities with 40.29% of its assets in the top 15. QQEW has 50 securities and a top 15 weight of 35.82%.

Tony's ETF Buyers Guide: Equal-Weight ETFs

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