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Launched · SEC filings

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXTNasdaqFirst TrustC

$100.38−3.01 (−2.91%)

At close: Nov 5, 2026, 4:00 PM ET

C45/ 100

Rank 29 of 42 in Other Major Indexes

C45/100Rank 29 of 42inOther Major Indexes
Intraday session: down, 79 prints from 103.39 to 100.38. Range 100.06 to 103.48. Use the arrow keys to read each point.100.00101.00102.00103.0010 AM12 PM2 PM4 PM
Expense ratio
0.57%
Fund size
$145M
1Y total return
+3.7%
Yield · Last 12 months
1.27%
Holdings
55
Avg volume · 30D
6.59K sh
52W range
low $95.51high $105.03
Launched
Filings
SEC EDGAR

The ETF.net QQXT Grade

C

Score 45 out of 100

Category
Other Major Indexes⁠
Rank
29 of 42
Six-pillar profile for QQXT. Scores out of 100: Cost 24, Risk 58, Mission 43, Tradability 61, Holdings 63, Durability 64. Strongest: Durability (64). Weakest: Cost (24). No single pillar leads.

Score 45 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F24 out of 100
    Rank 32 of 42

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C43 out of 100
    Rank 27 of 31

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 17 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 13 of 42

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 16 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 16 of 42

Our read on QQXT

ETF.net Research

In short

CTake the Nasdaq-100, then delete the technology sector. What's left is roughly 60 Nasdaq names, tracked by an index built for exactly that job since 2007.

Stated mandate

The Fund seeks investment results that generally correspond to the price and yield of the Nasdaq-100 Ex-Tech SectorTM Index, before fees and expenses.

Why people hold it

  • A genuinely rare mandate: it tracks the Nasdaq-100 Ex-Tech Sector Index, so you get the exchange's non-tech side without the megacap chip and software names crowding everything out.ftportfolios.com
  • Live since 2007, a long run for a slice this narrow, with a published index rulebook rather than manager discretion deciding the lineup.
  • About 60 holdings and a quarterly distribution schedule. It behaves like a plain equity index fund, not a thematic experiment.

Worth knowing

  • 0.57% a year, above the median for index wrappers. The cheapest funds in its peer group, like SCHK and VOOV, charge a small fraction of that.
  • Thinly traded, so spreads can widen. Limit orders matter more here than with the headline index funds.
  • Stripping out the parent index's biggest sector means this tracks a different market from the headline Nasdaq gauge, in both directions.

QQXT Holdings

Holdings pillarB63 out of 100Rank 16 of 40 in Other Major Indexes
Asset class
Stocks
Holdings
55
Top-10 weight
22%
Largest holding
MRNA2.6%

Sectors

  • Industrials20.2%
  • Health Care19.9%
  • Consumer Discretionary16.7%
  • Consumer Staples14.0%
  • Utilities7.9%
  • Technology7.4%
  • Communication6.3%
  • Energy3.6%
  • Financials2.1%
  • Materials2.0%

Geography

  • United States92.70%
  • United Kingdom3.86%
  • Netherlands1.83%
  • Uruguay1.61%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1MRNAModerna, Inc.2.64%14,827$3.83M304
2ISRGIntuitive Surgical, Inc.2.33%6,987$3.37M423
3IDXXIDEXX Laboratories, Inc.2.28%4,729$3.3M358
4MARMarriott International, Inc.2.26%7,703$3.27M341
5WMTWalmart Inc.2.24%25,103$3.24M474
6GEHCGE HealthCare Technologies Inc.2.19%36,956$3.17M306
7GILDGilead Sciences, Inc.2.17%17,989$3.14M496
8REGNRegeneron Pharmaceuticals, Inc.2.12%3,294$3.07M425
9KDPKeurig Dr Pepper Inc.2.10%82,624$3.04M327
10PYPLPayPal Holdings, Inc.2.08%49,984$3.01M383
11CTASCintas Corporation2.06%13,045$2.99M371
12AMGNAmgen Inc.2.02%6,123$2.93M504
13COSTCostco Wholesale Corporation2.01%2,789$2.92M486
14MDLZMondelez International, Inc.1.97%42,410$2.86M384
15FASTFastenal Company1.96%53,385$2.84M378

Showing 1–15 of 55 holdings

QQXT Performance

Launched Feb 8, 2007

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

QQXT$10,373
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. QQXT $10,373. SPY $10,934. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QQXT. Periods over one year show the average yearly return.
PeriodQQXT
Year to date+1.6%
1 month+3.9%
3 months−1.2%
1 year+3.7%
3 yearsper year+8.6%
5 yearsper year+3.2%
10 yearsper year+10.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QQXT
YearReturn barQQXT
2026 YTD+1.6%
2025+8.0%
2024+6.7%
2023+16.8%
2022−13.1%
2021+12.0%
2020+36.8%

QQXT in the news

QQXT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 5, 2026.
1.27%Last 12 months
Payout per share
$1.27Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.02; Jun 22, 2017 $0.07; Sep 21, 2017 $0.02; Dec 21, 2017 $0.04; Mar 22, 2018 $0.01; Jun 21, 2018 $0.06; Sep 14, 2018 $0.01; Dec 18, 2018 $0.08; Mar 21, 2019 $0.03; Jun 14, 2019 $0.05; Sep 25, 2019 $0.06; Dec 13, 2019 $0.06; Mar 26, 2020 $0.05; Jun 25, 2020 $0.05; Sep 24, 2020 $0.04; Dec 24, 2020 $0.08; Mar 25, 2021 $0.10; Jun 24, 2021 $0.07; Sep 23, 2021 $0.05; Dec 23, 2021 $0.08; Mar 25, 2022 $0.24; Jun 24, 2022 $0.13; Sep 23, 2022 $0.14; Dec 23, 2022 $0.19; Mar 24, 2023 $0.22; Jun 27, 2023 $0.16; Sep 22, 2023 $0.19; Dec 22, 2023 $0.40; Mar 21, 2024 $0.29; Jun 27, 2024 $0.26; Sep 26, 2024 $0.16; Dec 13, 2024 $0.21; Mar 27, 2025 $0.20; Jun 26, 2025 $0.16; Sep 25, 2025 $0.15; Dec 12, 2025 $0.69; Mar 26, 2026 $0.20; Jun 25, 2026 $0.19; Sep 24, 2026 $0.19. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.19
Jun 25, 2026Jun 30, 2026$0.19
Mar 26, 2026Mar 31, 2026$0.20
Dec 12, 2025Dec 31, 2025$0.69
Sep 25, 2025Sep 30, 2025$0.15
Jun 26, 2025Jun 30, 2025$0.16
Mar 27, 2025Mar 31, 2025$0.20
Dec 13, 2024Dec 31, 2024$0.21
Sep 26, 2024Sep 30, 2024$0.16
Jun 27, 2024Jun 28, 2024$0.26
Mar 21, 2024Mar 28, 2024$0.29
Dec 22, 2023Dec 29, 2023$0.40

See all 62 payments⁠

$10,000 in QQXT 10 years ago paid $1,365 in dividends.⁠

QQXT Risk

Risk pillarB58 out of 100Rank 17 of 42 in Other Major Indexes
How much the fund’s monthly returns vary, scaled to a year.
11.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.52
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−24.3%
Trough Jun 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.67
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

QQXT Cost

Compare QQXT and SCHK

Overpaying vs SCHK, cheapest in Other Major Indexes

$10,633

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QQXT 0.57%

    $11,271

  • SCHK 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • QQXT 0.57%
  • SCHK 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530QQXT $11,271SCHK $638

Year by year

YearQQXTSCHKOverpaying
10$1,023$55$968
20$3,921$216$3,705
30$11,271$638$10,633

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