QTEC

First Trust NASDAQ-100 Technology Sector Index Fund
*Unless otherwise stated, data provided by FactSet.

QTEC Fund Description

QTEC tracks an equal-weighted index of the largest NASDAQ-listed U.S. technology stocks.

QTEC Factset Analytics Insight

QTEC offers quirky exposure to the tech sector: It equally-weights large-cap tech stocks that happen to be listed on NASDAQ. Investors who want small-cap, or even just representative tech exposure, should look elsewhere. QTEC's main appeal is its equal weighting, which drastically drops Apple's huge market footprint. However, its NASDAQ focus causes it to miss some major tech giants like IBM altogether. The net result is that QTEC tilts small compared to our benchmark, and heavily overweights semiconductors at the expense of software & IT services. Investors are interested in spite of these oddities. The fund trades heavily each day and spreads are generally small, while underlying liquidity is excellent. QTEC's Efficiency is a mixed bag: a huge asset base means the fund is quite stable, but its price is high and its weak tracking significantly raises realized holding costs.

QTEC MSCI ESG Analytics Insight

First Trust NASDAQ-100 Technology Sector Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.50 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 Technology Sector Index Fund ranks in the 51st percentile within its peer group and in the 51st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QTEC 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.

QTEC Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QTEC 5.48% 10.46% 38.44% 29.03% 23.73% 18.42% 17.83%
QTEC (NAV) 10.03% 8.93% 38.67% 26.41% 23.66% 18.52% 18.20%
NASDAQ-100 Technology Index 5.56% 10.65% 39.41% 29.82% 24.59% 19.18% 18.20%
Thomson Reuters US Technology -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QTEC Summary Data

First Trust
04/19/06
Open-Ended Fund
0.57%
$2.59B
$15.47M
0.04%

QTEC Portfolio Data

$134.25B
25.94
5.22
0.70%
12/13/19
40

QTEC Index Data

NASDAQ-100 Technology Index
Equal
NASDAQ - Listed
Thomson Reuters US Technology

QTEC Portfolio Management

0.57%
-0.66%
-0.51%
-0.82%

QTEC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QTEC 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 -

QTEC Factset Analytics Block Liquidity

As of 11/12/19
5
4
3
2
1

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

QTEC Tradability

173,950
$15.47M
132,354
$11.80M
0.04%
$0.03
-0.01%
0.36% / -0.22%
None
100.00%
50,000
2.65
0.01%
0.05%
58
$93.74
5

QTEC Sector/Industry Breakdown


QTEC
Segment Benchmark
44.89%
14.40%
41.93%
64.54%
7.95%
15.27%
2.65%
--
2.59%
4.27%

QTEC Countries


QTEC
Segment Benchmark
92.09%
100.00%
5.22%
--
2.68%
--

QTEC Regions


QTEC
Segment Benchmark
92.09%
100.00%
5.22%
--
2.68%
--

QTEC Economic Development


QTEC
Segment Benchmark
94.78%
100.00%
5.22%
--

QTEC Performance Statistics

0.90
1.04
1.02
1.00
0.45%
Thomson Reuters US Technology

QTEC MSCI ESG Ratings

BBB
5.50 / 10
51.18
50.72
--
5.22%
46.88

QTEC Benchmark Comparison Holdings

40
337
34
30.69%

QTEC Benchmark Comparison Summary


QTEC
Segment Benchmark
40
337
$134.25B
$452.46B
25.94
26.52
5.22
6.54
1.29%
1.04%
Medium
High

QTEC Benchmark Comparison Market Cap Size


QTEC
Segment Benchmark
94.76%
90.07%
5.24%
7.98%
0.00%
1.81%
0.00%
0.14%