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
$ 3.9 B
ASSETS UNDER MGMT
55 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 +
| NXP SEMICONDUCTORS NV | 2.7 % |
| TEXAS INSTRUMENTS INC | 2.7 % |
| ANALOG DEVICES INC | 2.7 % |
| THOMSON REUTERS CORPORATION | 2.6 % |
| ROPER TECHNOLOGIES, INC. | 2.6 % |
| APPLE INC | 2.5 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 2.5 % |
| META PLATFORMS INC | 2.5 % |
| ADVANCED MICRO DEVICES | 2.5 % |
| SHOPIFY, INC. CLASS A | 2.5 % |
Constituent Breakdown
| Number of holdings | 48 |
| Herfindahl-Hirschman Index | 219 |
| Wgt avg mkt cap (mns) | $676,575 |
| Large cap (>$10bn) | 99.9% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 97.9% |
| Emerging mkts. | 2.1% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 82.3 % |
 |
NETHERLANDS | 6.6 % |
 |
CANADA | 5.1 % |
 |
CHINA | 2.2 % |
 |
BRITAIN | 2.0 % |
 |
IRELAND | 1.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 43.2% | 43.6% | 31.3% | 31.4% | 15.9% | 20.5% | 15.3% | 14.8% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.4% | 0.6% | 0.5% |
| Total Returns | 43.2% | 43.6% | 31.3% | 31.4% | 16.0% | 21.0% | 15.9% | 15.3% | Ann. Volatility | 31.0% | 29.4% | 29.4% | 27.5% | 30.3% | 28.0% | 26.3% | 26.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.89 | 69% |
| MSCI EAFE | 1.15 | 39% |
| MSCI Emg Mkts | 0.93 | 65% |
Liquidity Measures
| Avg. volume (000) | 409 |
| ADV traded (mns) | $108 |
| Turnover | 2.8% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| 30d moving avg. (EMA) | $310.34 |
| Relative strength (RSI) | 40 |
| MACD/Signal | -7.33/-4.84 |
| Bollinger Bands (Upper/Lower) | $337.43/$282.72 |
| Short interest (% of AUM) | 1.9% |
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 | 70.2% | 0 bp | +0.5% |
| QQQG | Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | 46.4% | -6 bp | +0.4% |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | 43.6% | -15 bp | +2.1% |
| XNTK | State Street SPDR NYSE Technology ETF | 42.6% | -20 bp | +0.6% |
| QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 42.4% | -20 bp | +0.2% |
| QEW | Invesco QQQ Equal Weight ETF | 42.3% | -30 bp | +0.3% |
| AIX | Defiance US 100 Tech AI Moat ETF | 41.5% | +10 bp | -0.8% |
| QQMG | Invesco ESG NASDAQ 100 ETF | 41.3% | -35 bp | +1.2% |
| XXQQ | Subversive Growth 100 Redacted ETF | 41.2% | 0 bp | +0.7% |
| SOXQ | Invesco PHLX Semiconductor ETF | 40.7% | -36 bp | +0.6% |
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 11/5/2026
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
4.2%
ALTAR SCORE™
23rd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. QTEC's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places QTEC in the 23rd percentile
among funds in the category.
Sell-Side Consensus
$387.06
PRICE TARGET
+46.2%
UPSIDE