First Trust NASDAQ-100 Technology Sector Index Fund (QTEC)
| Assets | $3.83B |
| Expense Ratio | 0.57% |
| PE Ratio | 32.57 |
| Shares Out | 20.15M |
| Dividend (ttm) | $0.04 |
| Dividend Yield | 0.02% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | 1.24% |
| 1-Year Return | +10.24% |
| Volume | 141,852 |
| Open | 187.77 |
| Previous Close | 189.98 |
| Day's Range | 187.77 - 193.89 |
| 52-Week Low | 164.27 |
| 52-Week High | 206.52 |
| Beta | 1.14 |
| Holdings | 44 |
| 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
29.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Atlassian Corporation | TEAM | 3.62% |
| Marvell Technology, Inc. | MRVL | 3.47% |
| Datadog, Inc. | DDOG | 3.01% |
| Broadcom Inc. | AVGO | 3.00% |
| Fortinet, Inc. | FTNT | 2.90% |
| DoorDash, Inc. | DASH | 2.82% |
| CrowdStrike Holdings, Inc. | CRWD | 2.75% |
| NVIDIA Corporation | NVDA | 2.65% |
| Palo Alto Networks, Inc. | PANW | 2.61% |
| Autodesk, Inc. | ADSK | 2.58% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.034 | Jun 28, 2024 |
| Mar 21, 2024 | $0.008 | Mar 28, 2024 |
| Dec 22, 2023 | $0.031 | Dec 29, 2023 |
| Sep 22, 2023 | $0.031 | Sep 29, 2023 |
| Jun 27, 2023 | $0.059 | Jun 30, 2023 |
| Mar 24, 2023 | $0.117 | Mar 31, 2023 |
News
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.