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Launched · SEC filings

First Trust NASDAQ-100-Technology Sector Index Fund

QTECNasdaqB

$324.27−1.92 (−0.59%)

At close: Oct 13, 2026, 4:00 PM

B57/ 100

Rank 11 of 25 in Technology (Broad)

B57/100Rank 11 of 25inTechnology (Broad)
Intraday session: down, 79 prints from 326.19 to 324.27. Range 320.71 to 324.55. Use the arrow keys to read each point.321.00322.00323.00325.0010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$4.1B
1Y total return
+45.1%
Yield · Last 12 months
0.01%
Holdings
48
Avg volume · 30D
0.3M sh
NAV per share
$331.45
52W range
low $205.57high $342.51
Launched
Filings
SEC EDGAR

The ETF.net QTEC Grade

B

Score 57 out of 100

Category
Technology (Broad)⁠
Rank
11 of 25
Six-pillar profile for QTEC. Scores out of 100: Cost 40, Risk 51, Mission 51, Tradability 84, Holdings 81, Durability 62. Strongest: Tradability (84). Weakest: Cost (40). Leans toward Tradability and Holdings.

Score 57 of 100 falls in the B 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.
    C40 out of 100
    Rank 15 of 25

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C51 out of 100
    Rank 12 of 12

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 15 of 25

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 4 of 25

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A81 out of 100
    Rank 4 of 24

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 10 of 25

Our read on QTEC

ETF.net Research

BQTEC fishes in one pond: the technology names inside the Nasdaq-100, about 40 of them. Running since 2006, it is a narrower, Nasdaq-flavored cut of tech than the giant whole-sector funds.

Stated mandate

The fund seeks to replicate, before fees and expenses, the price and yield performance of the Nasdaq-100 Technology Sector Index.

Why people hold it

  1. 01About 40 tech names drawn from the Nasdaq-100 rather than the full sector roster. Concentrated on purpose, so individual holdings actually move the needle.
  2. 02Tracks its index closely and trades with enough activity for routine orders, so you get the Nasdaq tech screen rather than a tracking science project.
  3. 03Live since 2006, now a multi-billion-dollar fund, and sitting in the upper half of a crowded broad-tech ETF field. Not a fresh-launch experiment.

Worth knowing

  1. 010.55% a year, above the 0.40% typical for broad tech ETFs and well above XLK and FTEC at 0.08%. That is the toll for the narrower Nasdaq screen.
  2. 02Roughly 40 stocks from a single index means single names and tech sentiment swing this harder than a several-hundred-name sector fund.
  3. 03Distributions land only once or twice a year, so this reads as a growth-tilted equity holding, not an income stream.

QTEC Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
48
Top-10 weight
25%
Largest holding
MRVL2.7%

Sectors

  • Technology85.6%
  • Communication9.0%
  • Consumer Discretionary3.6%
  • Industrials1.9%

Geography

  • United States84.93%
  • Netherlands6.45%
  • Canada4.36%
  • United Kingdom2.26%
  • Ireland1.99%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MRVLMarvell Technology, Inc.2.67%435,036$120M470
002AMDAdvanced Micro Devices, Inc.2.66%195,592$119M635
003METAMeta Platforms, Inc. (Class A)2.58%160,876$116M704
004DDOGDatadog, Inc. (Class A)2.54%388,442$114M424
005CRWDCrowdStrike Holdings, Inc. (Class A)2.45%398,616$110M472
006INTCIntel Corporation2.41%1,028,693$108M511
007MSTRStrategy Incorporated (Class A)2.39%692,639$107M197
008SNPSSynopsys, Inc.2.39%209,459$107M381
009SHOPShopify Inc. (Class A)2.38%624,813$107M131
010ALABAstera Labs, Inc.2.37%310,058$106M263
011TERTeradyne, Inc.2.37%263,204$106M427
012FTNTFortinet, Inc.2.34%538,694$105M468
013PLTRPalantir Technologies Inc. (Class A)2.31%494,028$103M525
014ADIAnalog Devices, Inc.2.31%254,253$103M477
015KLACKLA Corporation2.29%524,805$103M513

Showing 1–15 of 48 holdings

QTEC Performance

Launched Apr 19, 2006

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

QTEC$14,514
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. QTEC $14,514. SPY $12,044. Use the arrow keys to read each point.$8,859$12,233$15,607Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 QTEC. Periods over one year show the average yearly return.
PeriodQTEC
Year to date+41.7%
1 month+5.7%
3 months+1.6%
1 year+45.1%
3 yearsper year+29.4%
5 yearsper year+15.9%
10 yearsper year+21.0%

As of the close, 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 QTEC
YearReturn barQTEC
2026 YTD+41.7%
2025+22.3%
2024+7.3%
2023+67.0%
2022−39.8%
2021+26.9%
2020+38.7%

QTEC in the news

Filtered to QTEC · Technology (Broad)

QTEC 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 Oct 12, 2026.
0.01%Last 12 months
Payout per share
$0.03Last 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2017–2026

One bar per payment. 31 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.09; Jun 22, 2017 $0.13; Sep 21, 2017 $0.15; Dec 21, 2017 $0.20; Mar 22, 2018 $0.10; Jun 21, 2018 $0.17; Sep 14, 2018 $0.15; Dec 18, 2018 $0.20; Mar 21, 2019 $0.12; Jun 14, 2019 $0.14; Sep 25, 2019 $0.20; Dec 13, 2019 $0.22; Mar 26, 2020 $0.18; Jun 25, 2020 $0.19; Sep 24, 2020 $0.13; Dec 24, 2020 $0.11; Mar 25, 2021 $0.007; Jun 24, 2021 $0.0095; Dec 23, 2021 $0.01; Mar 25, 2022 $0.01; Jun 24, 2022 $0.02; Sep 23, 2022 $0.05; Dec 23, 2022 $0.08; Mar 24, 2023 $0.12; Jun 27, 2023 $0.06; Sep 22, 2023 $0.03; Dec 22, 2023 $0.03; Mar 21, 2024 $0.0084; Jun 27, 2024 $0.03; Mar 27, 2025 $0.0083; Jun 25, 2026 $0.03. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 30, 2026$0.03
Mar 27, 2025Mar 31, 2025$0.0083
Jun 27, 2024Jun 28, 2024$0.03
Mar 21, 2024Mar 28, 2024$0.0084
Dec 22, 2023Dec 29, 2023$0.03
Sep 22, 2023Sep 29, 2023$0.03
Jun 27, 2023Jun 30, 2023$0.06
Mar 24, 2023Mar 31, 2023$0.12
Dec 23, 2022Dec 30, 2022$0.08
Sep 23, 2022Sep 30, 2022$0.05
Jun 24, 2022Jun 30, 2022$0.02
Mar 25, 2022Mar 31, 2022$0.01

QTEC Risk

How much the fund’s monthly returns vary, scaled to a year.
25.7%
Annualised · 36 months to Sep 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.
1.02
vs 3-month T-bills · to Sep 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.
−45.5%
Trough Oct 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.
1.43
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.

QTEC Cost

Expense ratio0.55%
  • The middle half of Technology (Broad) funds
  • Median 0.45%

13 of the 23 Technology (Broad) funds charge less.

QTEC costs $55.00 a year on $10,000. The median Technology (Broad) fund costs $45.00.

Other funds in Technology (Broad)

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