QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund
B

71
*Unless otherwise stated, data provided by FactSet.

QQXT Fund Description

QQXT tracks an equal-weighted index of Nasdaq-100 stocks that excludes technology companies.

QQXT Factset Analytics Insight

QQXT's subtractive approach to equity exposure makes for an odd portfolio that's nonetheless delivered decent returns. QQXT takes the 100 stocks in the Nasdaq 100, removes the technology companies, weights the remaining constituents equally and rebalances them every quarter. Given that the Nasdaq 100 is 60+% technology and excludes most financials, energy, utilities, basic materials and telecom companies, there's not much left: QQXT mostly owns Nasdaq-listed consumer cyclicals (nearly half of the portfolio) and health care names (about 20% of the portfolio). We don't see alpha here, but the fund has taken more risk and delivered higher returns than our benchmark. Investors who want this narrowly focused exposure will have to pay a high annual fees, and place their trades carefully to avoid compounding the expense ratio with trading costs.

QQXT MSCI ESG Analytics Insight

First Trust NASDAQ-100 Ex-Technology Sector Index Fund has an MSCI ESG Fund Rating of BB based on a score of 4.00 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust NASDAQ-100 Ex-Technology Sector Index Fund ranks in the 20th percentile within its peer group and in the 6th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QQXT MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

QQXT Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QQXT 1.95% 2.47% 20.45% 4.30% 11.77% 8.34% 13.25%
QQXT (NAV) 3.04% 1.73% 19.70% 3.69% 11.37% 8.26% 12.87%
NASDAQ-100 Ex-Tech Sector Index 3.09% 1.89% 20.25% 4.33% 12.05% 8.89% 12.87%
MSCI USA Large Cap Index 3.80% 4.42% 21.17% 5.59% 14.48% 10.90% 13.20%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QQXT Summary Data

First Trust
02/08/07
Open-Ended Fund
0.60%
$93.17M
$160.59K
0.09%

QQXT Portfolio Data

$60.80B
28.48
4.50
0.29%
09/25/19
62

QQXT Index Data

Equal
NASDAQ - Listed
MSCI USA Large Cap Index

QQXT Portfolio Management

0.60%
-0.64%
-0.48%
-0.72%

QQXT Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QQXT Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

QQXT Factset Analytics Block Liquidity

As of 09/17/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QQXT. QQXT is rated a 5 out of 5.

QQXT Tradability

2,968
$160.59K
1,980
$104.69K
0.09%
$0.05
-0.02%
1.22% / -0.92%
None
100.00%
50,000
0.04
0.02%
0.02%
0
$54.57
5

QQXT Sector/Industry Breakdown


QQXT
Segment Benchmark
34.64%
13.15%
23.02%
14.03%
14.76%
9.15%
14.53%
29.02%
8.09%
7.74%
1.70%
2.30%
1.66%
14.77%
1.60%
2.64%

QQXT Countries


QQXT
Segment Benchmark
96.72%
100.00%
3.28%
--

QQXT Regions


QQXT
Segment Benchmark
96.72%
100.00%
3.28%
--

QQXT Economic Development


QQXT
Segment Benchmark
96.72%
100.00%
3.28%
--

QQXT Performance Statistics

0.92
1.05
1.10
1.00
0.33%
MSCI USA Large Cap Index

QQXT MSCI ESG Ratings

BB
4.00 / 10
5.72
20.46
4.82%
10.77%
137.29

QQXT Benchmark Comparison Holdings

62
298
46
12.33%

QQXT Benchmark Comparison Summary


QQXT
Segment Benchmark
62
298
$60.80B
$268.77B
28.48
21.93
4.50
3.46
0.88%
1.91%
Low
Low

QQXT Benchmark Comparison Market Cap Size


QQXT
Segment Benchmark
94.80%
99.74%
5.20%
0.26%
0.00%
0.00%
0.00%
0.00%