First Trust Technology ETF | QTEC

Medium RiskEquity
First Trust Technology ETF
Issued by:First Trust
Index : NASDAQ
Unit Price (NAV) :
Minimum investment: 2 units
First Trust Technology ETF | QTEC

First Trust Technology ETF | QTEC


ETF Name: First Trust Technology ETF (QTEC) Sector: QTEC has invested 100% of its assets in Technology. Geography: QTEC has invested 100% of its assets in the US. Fund Manager Name: First Trust Advisors ETF Description: QTEC offers exposure to the tech sector: It equally-weights large-cap tech stocks that happen to be listed on NASDAQ and that is its main selling point, which drastically drops Apple's huge market footprint. What ETFdb says about it: This ETF offers exposure to the U.S. tech sector, making it one of many options available to investors seeking to access an industry that is capable of remarkable rallies and steep declines over short periods of time. Why is that Kristal there: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. The fund trades heavily each day and spreads are generally small, while underlying liquidity is excellent. It has high costs, but its huge asset base and tax efficiency overlooks the costs. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far. Fund Manager Description: Founded in 1991, First Trust Advisors manages over $822M in assets. It is a privately owned investment manager and is based in Wheaton, Illinois with an additional office in Austin, Texas. More Information: The 3 Best Technology ETFs to Buy Now The 5 Top Technology ETFs


First Trust Technology ETF3.67%65.68%23.07%28.68%19.29%

Asset Class

Asset type breakdown
Stock US87.92%
Stock non-US12.03%

QTEC Holdings - Top 10

NameiWeightage (%)
ASML Holding N.V2.71%
Applied Materials, Inc2.65%
KLA Corporation2.60%
Adobe Inc2.60%
Okta, Inc2.59%
Synopsys, Inc2.59%
Texas Instruments Incorporated2.58%
ANSYS, Inc2.57%
Lam Research Corporation2.57%
CDW Corporation2.57%

QTEC Sectors/Industry Breakdown

Sectori% of market value
Communication Services11.71%

QTEC Countries

Countryi% of market value
North America87.96%
Asia Emerging6.85%
Europe Developed2.71%
Africa/Middle East2.47%

Projected Returns

Investment ofper month
gives returns of :
at 17.61% / annum
$in 10 years
for a time period of
Returnsbased on historic SIP returns of 17.61% per annum
$+ 17.61

QTEC Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol QTEC
Exchange XNAS
ISIN US3373451026
Cat. Benchmark MSCI ACWI NR USD
Asset class Equity
Category Technology
Country US

QTEC Portfolio Data & Volatility Analysis

Net Expense Ratio 0.57i
Beta 1.15i
Valuations Rates Portfolio PE 29.81939i
3 Year Standard Deviation 22.04i

Fund Strategy

The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ-100 Technology Sector Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is an equal-weighted index composed of the securities comprising the NASDAQ-100 Index that are classified as technology according to the Industry Classification Benchmark classification system.

QTEC Fact Sheets & Reports

First Trust Technology ETF | QTEC