QQXTFirst Trust NASDAQ-100 Ex-Technology Sector Index Fund
QQXT Fund Description
QQXT tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies.
QQXT Factset Analytics Insight
QQXT holds a concentrated portfolio of non-technology companies from the NASDAQ 100, an index that comprises 100 of the largest non-financial companies listed on the NASDAQ Stock Market based on market capitalization. The index classifies eligible companies using the Industry classification Benchmark (ICB). Selected securities are weighted equally and rebalanced on a quarterly basis. Overall, QQXT’s subtractive approach to NASDAQ 100 equities makes an odd, yet efficient investment strategy focusing on a narrower set of industries.
QQXT MSCI ESG Analytics Insight
First Trust NASDAQ-100 Ex-Technology Sector Index Fund has an MSCI ESG Fund Rating of A based on a score of 5.92 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 39th percentile within its peer group and in the 25th 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 Summary Data
QQXT Portfolio Data
QQXT Index Data
QQXT Portfolio Management
QQXT Tax Exposures
QQXT Fund Structure
QQXT Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
QQXT Top 10 Holdings[View All]
QQXT Economic Development
QQXT Performance Statistics
QQXT MSCI ESG Ratings
QQXT Benchmark Comparison Summary
QQXT Benchmark Comparison Market Cap Size