First Trust NASDAQ-100 Technology Sector Index Fund (QTEC)
| Assets | $2.68B |
| Expense Ratio | 0.55% |
| PE Ratio | 35.66 |
| Shares Out | 12.60M |
| Dividend (ttm) | $0.04 |
| Dividend Yield | 0.02% |
| Ex-Dividend Date | Mar 27, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 0.70% |
| Volume | 97,964 |
| Open | 214.80 |
| Previous Close | 215.99 |
| Day's Range | 212.28 - 214.83 |
| 52-Week Low | 143.80 |
| 52-Week High | 221.43 |
| Beta | 1.25 |
| Holdings | 47 |
| Inception Date | Apr 19, 2006 |
About QTEC
Fund Home PageThe First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) is an exchange-traded fund that is based on the NASDAQ-100 Technology Sector index. The fund tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks. QTEC was launched on Apr 19, 2006 and is issued by First Trust.
Top 10 Holdings
26.88% of assets| Name | Symbol | Weight |
|---|---|---|
| AppLovin Corporation | APP | 2.93% |
| Shopify Inc. | SHOP | 2.88% |
| Advanced Micro Devices, Inc. | AMD | 2.82% |
| Synopsys, Inc. | SNPS | 2.78% |
| PDD Holdings Inc. | PDD | 2.71% |
| NVIDIA Corporation | NVDA | 2.67% |
| Cadence Design Systems, Inc. | CDNS | 2.55% |
| Intel Corporation | INTC | 2.53% |
| Broadcom Inc. | AVGO | 2.53% |
| Palantir Technologies Inc. | PLTR | 2.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2025 | $0.0083 | Mar 31, 2025 |
| Jun 27, 2024 | $0.0342 | Jun 28, 2024 |
| Mar 21, 2024 | $0.0084 | Mar 28, 2024 |
| Dec 22, 2023 | $0.0312 | Dec 29, 2023 |
| Sep 22, 2023 | $0.0313 | Sep 29, 2023 |
| Jun 27, 2023 | $0.0592 | Jun 30, 2023 |
Performance
QTEC had a total return of 14.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.82%.
News
QTEC: Look Elsewhere For Tech-Heavy ETFs
QTEC is a passively managed tech ETF that has underperformed similar peers along with charging higher fees. The equally weighted ETF has also had a higher beta, leading to larger movements without the...
QTEC Should Outperform Nasdaq In Second Wave Of AI Gold Rush
The First Trust Nasdaq-100-Technology Sector Index Fund ETF focuses on technology stocks from the Nasdaq 100 index with an equal-weight strategy. Despite underperforming the Nasdaq 100 index in the pa...
QTEC: Technology Sector Dashboard For April
A monthly article series provides industry metrics in information technology. This sector is overvalued by 32% regarding my metrics, but 2 industries are close to their valuation baseline. Fast facts ...
QTEC: An Equal-Weighted Alternative In Technology ETFs With Surprisingly Strong Performance
First Trust NASDAQ-100-Technology Sector Index Fund is a buy due to its equal-weighted strategy and strong performance in the technology sector. QTEC has outperformed cap-weighted tech ETFs over the p...
QTEC: A Time For Equal Weighting Tech
QTEC is an ETF that passively manages assets worth over $2.7 billion and aims to track the performance of the NASDAQ-100 Technology Sector Index. The fund's equal-weighting methodology has underperfor...
Junk Bond Fund Get Bigger, Internet And Gas Shrink
We performed a screening of mid-cap ETFs - defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest change in net assets on the week...
QTEC: How To Slot This Equal-Weight Tech ETF Into Your Portfolio
QTEC provides equal-weight exposure to Technology companies in the Nasdaq-100 Index. A key drawback is its 0.57% expense ratio, but QTEC's long-term track record is solid. This article evaluates QTEC'...
Consider Diversifying Your Portfolio With QTEC
Dividend investors such as myself may find that they are under-allocated to the tech sector.
Analysts Predict 11% Gains Ahead For The First Trust NASDAQ-100-Technology Sector Index Fund ETF
For the First Trust NASDAQ-100-Technology Sector Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $87.46 per unit.