QTEC
First Trust NASDAQ-100 Technology Sector Index FundQTEC Fund Description
QTEC tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks.
QTEC Factset Analytics Insight
QTEC offers quirky exposure to the tech sector: it equally-weights large-cap tech stocks that are listed on Nasdaq. The fund is not a good fit for investors who want small-cap, or even just representative tech exposure. QTEC's main appeal is its equal-weighting, which drastically drops the huge market footprint of big tech names in the Nasdaq-100 Index. However, its Nasdaq focus causes it to miss some major tech giants. The net result is that QTEC tilts small and heavily overweights semiconductors at the expense of software & IT services. The index is rebalanced quarterly and reconstituted annually.
QTEC MSCI ESG Analytics Insight
First Trust NASDAQ-100 Technology Sector Index Fund has an MSCI ESG Fund Rating of AA based on a score of 7.47 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 76th percentile within its peer group and in the 87th 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 Summary Data
QTEC Portfolio Data
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QTEC Portfolio Management
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QTEC Factset Analytics Block Liquidity
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
QTEC Sector/Industry Breakdown
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QTEC Top 10 Holdings[View All]
QTEC Countries
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QTEC Regions
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QTEC Economic Development
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QTEC Performance Statistics
QTEC MSCI ESG Ratings
QTEC Benchmark Comparison Summary
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QTEC Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.