5 Best Funds for Your Retirement Portfolio

This set of ETFs will keep you well-rounded and protected

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5 Best Funds for Your Retirement Portfolio

Best Funds: First Trust NASDAQ-100 Equal Weight Index (QQEW)

FirstTrust185 5 Best Funds for Your Retirement PortfolioThe First Trust NASDAQ-100 Equal Weight Index (QQEW) essentially is the equally weighted version of the PowerShares QQQ Trust (QQQ), which tracks the Nasdaq-100. It has handily outperformed its counterpart and did better peak-to-trough in the financial crisis as well.

I like the Nasdaq-100 because it is stacked with fast-growing companies, giving it a great chance to outperform most indices.

So, how does equal weighting benefit the QQEW? Well, as a good for-instance, hot-running Tesla Motors (TSLA) is weighted at just 0.71% in the QQQ, but it’s the top holding of QQEW at 1.53%, more than double its weight in the PowerShares ETF. And even after its next rebalancing, TSLA will still make up 1% of the QQEW.

Expenses are 0.6%, or $60 annually for every $10,000 invested.


Article printed from InvestorPlace Media, http://investorplace.com/2014/03/5-best-funds-retirement/.

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