First Trust NASDAQ-100 Ex-Technology Sector Index Fund
$97.23−0.77 (−0.79%)
- Expense ratio
- 0.57%
- Fund size
- $146M
- 1Y return
- +0.9%
- Yield · Last 12 months
- 1.25%
- Holdings
- 54
- Volume · 30D
- 0M sh
- NAV per share
- $97.63
- 52W range
The ETF.net QQXT Grade
Score 46 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 28Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 45Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 67Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 67Category rank
Our read on QQXT
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.
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
- Other
- 54
- 20%
- SPCX
Sectors
- Health Care18.3%
- Consumer Discr.17.5%
- Industrials16.5%
- Cons. Staples15.2%
- Communication9.2%
- Technology8.5%
- Utilities7.1%
- Energy3.8%
- Financials2.2%
- Materials1.8%
Geography
- United States92.32%
- United Kingdom4.00%
- Uruguay2.14%
- Netherlands1.54%
QQXT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | QQXT |
|---|---|
| Year to date | −1.0% |
| 1 month | −6.1% |
| 3 months | +1.8% |
| 1 year | +0.9% |
| 3 years | +7.6% |
| 5 years | +3.4% |
| 10 years | +9.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QQXT |
|---|---|---|
| 2026 YTD | −1.0% | |
| 2025 | +8.0% | |
| 2024 | +6.7% | |
| 2023 | +16.8% | |
| 2022 | −13.1% | |
| 2021 | +12.0% | |
| 2020 | +36.8% |
QQXT in the news
ETF.net Research hasn’t filed on QQXT yet — coverage lands here as it’s written.
QQXT Dividends
- 1.25%
- $1.23
- $0.19 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.19 |
| Mar 26, 2026 | Mar 31, 2026 | $0.20 |
| Dec 12, 2025 | Dec 31, 2025 | $0.69 |
| Sep 25, 2025 | Sep 30, 2025 | $0.15 |
| Jun 26, 2025 | Jun 30, 2025 | $0.16 |
| Mar 27, 2025 | Mar 31, 2025 | $0.20 |
| Dec 13, 2024 | Dec 31, 2024 | $0.21 |
| Sep 26, 2024 | Sep 30, 2024 | $0.16 |
| Jun 27, 2024 | Jun 28, 2024 | $0.26 |
| Mar 21, 2024 | Mar 28, 2024 | $0.29 |
| Dec 22, 2023 | Dec 29, 2023 | $0.40 |
| Sep 22, 2023 | Sep 29, 2023 | $0.19 |
QQXT Risk
- 11.5%
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.
- 0.30
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.
- −24.7%
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.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QQXT Cost
- The middle half of Other Major Indexes funds
- Median 0.29%
30 of the 42 Other Major Indexes funds charge less.