QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
First Trust NASDAQ-100-Technology Sector Index objective is investment results that correspond to the price and yield of the NASDAQ-100 Technology Index. The Fund invests in the technology and
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 3.8 B
ASSETS UNDER MGMT
57 bp
EXPENSES
Fund Basics
| Inception date | Apr 19, 2006 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ARM HOLDINGS PLC | 4.2 % |
| INTEL CORP | 4.1 % |
| ADVANCED MICRO DEVICES | 4.0 % |
| MARVELL TECHNOLOGY, INC. | 3.7 % |
| MICRON TECHNOLOGY INC | 3.6 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 3.3 % |
| DATADOG INC CLASS A | 3.1 % |
| QUALCOMM INC | 3.0 % |
| WESTERN DIGITAL CORP | 2.8 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 2.8 % |
Constituent Breakdown
| Number of holdings | 46 |
| Herfindahl-Hirschman Index | 242 |
| Wgt avg mkt cap (mns) | $546,770 |
| Large cap (>$10bn) | 98.7% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.2% |
| Emerging mkts. | 1.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 83.4 % |
 |
NETHERLANDS | 4.6 % |
 |
BRITAIN | 4.2 % |
 |
IRELAND | 3.4 % |
 |
CANADA | 3.0 % |
 |
CHINA | 1.4 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 38.7% | 65.3% | 31.2% | 31.6% | 16.7% | 21.9% | 15.5% | 14.9% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.5% | 0.6% | 0.5% |
| Total Returns | 38.7% | 65.3% | 31.2% | 31.7% | 16.7% | 22.4% | 16.1% | 15.4% | Ann. Volatility | 27.0% | 22.9% | 28.1% | 26.0% | 29.2% | 27.5% | 26.1% | 26.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.63 | 71% |
| MSCI EAFE | 0.92 | 36% |
| MSCI Emg Mkts | 0.84 | 53% |
Liquidity Measures
| Avg. volume (000) | 135 |
| ADV traded (mns) | $45 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| 30d moving avg. (EMA) | $283.79 |
| Relative strength (RSI) | 73 |
| MACD/Signal | 15.12/14.31 |
| Bollinger Bands (Upper/Lower) | $319.84/$268.80 |
| Short interest (% of AUM) | 3.4% |
Distributions
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QTEC |
Expenses vs. QTEC |
ALTAR Score™ vs. QTEC |
|---|---|---|---|---|
| QQEW | First Trust Nasdaq-100 Equal Weighted Index Fund | 61.8% | +1 bp | +1.0% |
| QQQG | Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | 56.2% | -8 bp | +0.5% |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | 48.9% | -17 bp | +1.1% |
| XNTK | State Street SPDR NYSE Technology ETF | 48.2% | -22 bp | 0.0% |
| QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 45.9% | -22 bp | +1.1% |
| USRD | Themes US R&D Champions ETF | 45.4% | -28 bp | +1.4% |
| SOXQ | Invesco PHLX Semiconductor ETF | 44.0% | -38 bp | -0.7% |
| SOXX | iShares Semiconductor ETF | 43.3% | -22 bp | -0.8% |
| SMH | VanEck Semiconductor ETF | 43.1% | -22 bp | -0.6% |
| IYW | iShares U.S. Technology ETF | 42.9% | -17 bp | +0.8% |
Risk and Returns: QTEC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.7%
ALTAR SCORE™
12nd
PERCENTILE
AVOID
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. QTEC's ALTAR Score™ is approximately -1.2 standard
deviations above the category average. This places QTEC in the 12nd percentile
among funds in the category.
Sell-Side Consensus
$313.38
PRICE TARGET
-5.9%
UPSIDE