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
$ 3.0 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 +
| MARVELL TECHNOLOGY, INC. | 3.2 % |
| INTEL CORP | 3.1 % |
| MONOLITHIC POWER SYSTEMS INC | 2.8 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 2.7 % |
| ADVANCED MICRO DEVICES | 2.7 % |
| BROADCOM INC. | 2.6 % |
| WESTERN DIGITAL CORP | 2.6 % |
| KLA CORPORATION | 2.6 % |
| LAM RESEARCH CORP | 2.6 % |
| TEXAS INSTRUMENTS INC | 2.5 % |
Constituent Breakdown
| Number of holdings | 46 |
| Herfindahl-Hirschman Index | 230 |
| 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. | 97.6% |
| Emerging mkts. | 2.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 81.8 % |
 |
NETHERLANDS | 4.8 % |
 |
CANADA | 4.1 % |
 |
IRELAND | 2.7 % |
 |
BRITAIN | 2.5 % |
 |
CHINA | 2.3 % |
 |
AUSTRALIA | 1.7 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -6.2% | 24.4% | 6.4% | 18.3% | 8.4% | 17.5% | -- | 12.8% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.5% | -- | 0.5% |
| Total Returns | -6.2% | 24.4% | 6.4% | 18.3% | 8.5% | 18.0% | -- | 13.3% | Ann. Volatility | 27.3% | 29.5% | 27.6% | 25.9% | 29.1% | 27.4% | -- | 26.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.44 | 85% |
| MSCI EAFE | 1.21 | 52% |
| MSCI Emg Mkts | 1.09 | 56% |
Liquidity Measures
| Avg. volume (000) | 231 |
| ADV traded (mns) | $58 |
| Turnover | 1.9% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| 30d moving avg. (EMA) | $227.90 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 5.08/1.80 |
| Bollinger Bands (Upper/Lower) | $246.35/$203.73 |
| 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 | 60.4% | +1 bp | +0.7% |
| QQQG | Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | 50.2% | -8 bp | +0.3% |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | 49.1% | -17 bp | +1.2% |
| XNTK | State Street SPDR NYSE Technology ETF | 47.2% | -22 bp | -0.2% |
| SOXQ | Invesco PHLX Semiconductor ETF | 42.6% | -38 bp | -0.8% |
| SOXX | iShares Semiconductor ETF | 41.7% | -22 bp | -0.8% |
| IYW | iShares U.S. Technology ETF | 41.3% | -17 bp | +0.6% |
| SMH | VanEck Semiconductor ETF | 41.2% | -22 bp | -0.8% |
| QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 41.0% | -22 bp | +0.7% |
| DRUP | GraniteShares Nasdaq Select Disruptors ETF | 40.7% | +3 bp | +0.9% |
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 4/22/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
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
3.7%
ALTAR SCORE™
19th
PERCENTILE
AVOID
ETFRC RATING
There are 1,199 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. QTEC's ALTAR Score™ is approximately -0.9 standard
deviations above the category average. This places QTEC in the 19th percentile
among funds in the category.
Sell-Side Consensus
$283.81
PRICE TARGET
+12.9%
UPSIDE