QQEW vs NHYB
Comparison between FIRST TRUST NASDAQ-100 EQUAL WEIGHTED INDEX FUND (QQEW, ETF) and Nuveen High Yield Corporate Bond ETF (NHYB, ETF).
QQEW vs NHYB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
QQEW
$1.60B
NHYB
$1.60B
Expense Ratio
QQEW
0.55%
Winner
NHYB
0.08%
Max Drawdown
QQEW
58.17%
Winner
NHYB
3.23%
Sharpe Ratio
Winner
QQEW
0.84
NHYB
0.22
5Y Beta
QQEW
1.07
Winner
NHYB
0.21
P/E Ratio
QQEW
29.89
NHYB
N/A
Forward P/E
QQEW
18.34
NHYB
N/A
PEG Ratio
QQEW
0.50
NHYB
N/A
5Y Dividends CAGR
QQEW
7.10%
NHYB
N/A
5Y EPS CAGR
QQEW
17.21%
NHYB
N/A
Debt to Equity
QQEW
38.31%
NHYB
N/A
P/S Ratio
QQEW
3.24
NHYB
N/A
P/B Ratio
QQEW
4.41
NHYB
N/A
QQEW vs NHYB - Historical Returns
Returns include dividend reinvestment.
1M
Winner
QQEW
+10.82%
NHYB
+0.43%
3M
Winner
QQEW
+7.40%
NHYB
+0.57%
6M
Winner
QQEW
+3.51%
NHYB
+2.71%
1Y
QQEW
+16.37%
NHYB
N/A
5Y(CAGR)
QQEW
+7.03%
NHYB
N/A
10Y(CAGR)
QQEW
+14.08%
NHYB
N/A
Max(CAGR)
Winner
QQEW
+11.07%
NHYB
+4.46%
QQEW vs NHYB - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | QQEW | NHYB |
|---|---|---|
| 2026 | +2.63% | +1.29% |
| 2025 | +14.23% | +1.30% |
| 2024 | +8.18% | N/A |
| 2023 | +34.03% | N/A |
| 2022 | -24.48% | N/A |
| 2021 | +19.34% | N/A |
| 2020 | +35.50% | N/A |
| 2019 | +35.60% | N/A |
| 2018 | -6.84% | N/A |
| 2017 | +24.72% | N/A |
| 2016 | +9.25% | N/A |
| 2015 | +2.36% | N/A |
| 2014 | +20.17% | N/A |
| 2013 | +36.11% | N/A |
| 2012 | +13.26% | N/A |
| 2011 | -4.26% | N/A |
| 2010 | +18.89% | N/A |
| 2009 | +53.21% | N/A |
| 2008 | -42.40% | N/A |
| 2007 | +9.46% | N/A |
| 2006 | +2.75% | N/A |
QQEW vs NHYB Drawdown Comparison
The maximum drawdown for QQEW was -58.16%, occurring on Nov 20, 2008. Recovery took 814 trading sessions.
The maximum drawdown for NHYB was -2.40%, occurring on Mar 27, 2026. Recovery took 35 trading sessions.
The current QQEW drawdown is -0.68%. The current NHYB drawdown is -0.20%.
| Rank | QQEW | NHYB |
|---|---|---|
| #1 | -58.16% Oct 12, 2007 - Jan 5, 2011 | -2.40% Feb 20, 2026 - Apr 13, 2026 |
| #2 | -32.13% Nov 16, 2021 - Jan 22, 2024 | -1.18% Oct 1, 2025 - Oct 24, 2025 |
| #3 | -30.80% Feb 19, 2020 - Jun 5, 2020 | -0.94% Oct 27, 2025 - Nov 25, 2025 |
| #4 | -21.43% Feb 18, 2025 - Jun 30, 2025 | -0.62% Apr 17, 2026 - Apr 29, 2026 |
| #5 | -20.96% May 12, 2011 - Feb 16, 2012 | -0.36% Dec 3, 2025 - Dec 23, 2025 |
| #6 | -20.12% Aug 29, 2018 - Mar 19, 2019 | -0.24% Sep 24, 2025 - Sep 29, 2025 |
| #7 | -18.98% Jun 22, 2015 - Aug 12, 2016 | -0.20% Jan 16, 2026 - Jan 22, 2026 |
| #8 | -16.97% May 8, 2006 - Nov 14, 2006 | -0.18% Jan 26, 2026 - Feb 2, 2026 |
| #9 | -15.74% Oct 27, 2025 - Mar 30, 2026 | -0.18% Feb 2, 2026 - Feb 6, 2026 |
| #10 | -13.34% Mar 26, 2012 - Jan 4, 2013 | -0.13% Nov 26, 2025 - Dec 3, 2025 |
| #11 | -10.39% Jul 16, 2024 - Oct 11, 2024 | -0.08% Dec 24, 2025 - Jan 2, 2026 |
| #12 | -10.37% Jan 26, 2018 - Mar 12, 2018 | -0.07% Jan 7, 2026 - Jan 9, 2026 |
| #13 | -10.34% Feb 12, 2021 - Apr 15, 2021 | -0.06% Feb 10, 2026 - Feb 13, 2026 |
| #14 | -10.11% May 3, 2019 - Jul 3, 2019 | -0.06% Sep 29, 2025 - Oct 1, 2025 |
| #15 | -9.50% Jul 19, 2007 - Sep 27, 2007 | -0.06% Jan 22, 2026 - Jan 26, 2026 |
Correlation
Correlation between QQEW and NHYB is -0.05 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.05
-101
Dividend Comparison (2008 - 2026)
QQEW vs NHYB dividend yield comparison.
| Year | QQEW | NHYB |
|---|---|---|
| 2026 | 0.01% | 2.38% |
| 2025 | 0.41% | 1.28% |
| 2024 | 0.57% | 0.00% |
| 2023 | 0.70% | 0.00% |
| 2022 | 0.66% | 0.00% |
| 2021 | 0.24% | 0.00% |
| 2020 | 0.34% | 0.00% |
| 2019 | 0.48% | 0.00% |
| 2018 | 0.56% | 0.00% |
| 2017 | 0.48% | 0.00% |
| 2016 | 0.73% | 0.00% |
| 2015 | 0.61% | 0.00% |
| 2014 | 1.05% | 0.00% |
| 2013 | 0.46% | 0.00% |
| 2012 | 1.11% | 0.00% |
| 2011 | 0.46% | 0.00% |
| 2010 | 0.52% | 0.00% |
| 2009 | 0.23% | 0.00% |
| 2008 | 0.06% | 0.00% |
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