QTEC vs RSPT: Grades, Fees and Holdings Compared

First Trust NASDAQ-100-Technology Sector Index Fund

QTECBNasdaq

Invesco S&P 500 Equal Weight Technology ETF

RSPTBNYSE Arca

Overlap

44.0%by weight

Expense ratio

RSPT −0.15pt a year

QTEC0.55%RSPT0.40%

Avg volume · 30D

RSPT 2.2×the volume

QTEC314KRSPT689K

10Y return · a year

RSPT +1.1pt

QTEC+19.5%RSPT+20.6%

QTEC vs RSPT Performance

Oct 29, 2021 – Oct 30, 2026

+73.1%QTEC+111.8%RSPT

Expense ratio: QTEC 0.55%; RSPT 0.40%, better
Fund size: QTEC $4.33B; RSPT $5.94B
1Y total return: QTEC +21.1%; RSPT +35.4%, better
Yield (12M): QTEC 0.01%; RSPT 0.24%, better
Holdings: QTEC 48; RSPT 78
Avg volume (30D): QTEC 314K sh; RSPT 689K sh, better
NAV per share: QTEC $292.72; RSPT $62.97
52W range

ETF.net Grade

Pillar letters and Scores for QTEC, RSPT, with each pillar’s weight
Pillar	QTEC	RSPT
Cost30% weight	C40	C54Higher
Mission25% weight	C52	Not scored
Risk15% weight	C42	A81Higher
Tradability15% weight	A84Higher	B69
Holdings10% weight	A81	A88Higher
Durability5% weight	B62	A74Higher

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. QTEC and RSPT are both graded against the same 23 Technology (Broad) funds, so their Grades compare head to head.

Technology (Broad)⁠

Category · 23 funds

See all 23 ›

RSPT ranks 4th and QTEC 12th of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
Rank 3AVGTVanguard Information Technology ETFScore 71
Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68
Rank 5BIGMiShares Expanded Tech Sector ETFScore 64
Rank 11BIXNiShares Global Tech ETFScore 58
Rank 12BQTECFirst Trust NASDAQ-100-Technology Sector Index FundScore 55
Rank 13CTDVProShares S&P Technology Dividend Aristocrats ETFScore 54

Our read on each fund

ETF.net Research

QTECBFirst Trust NASDAQ-100-Technology Sector Index Fund

RSPTBInvesco S&P 500 Equal Weight Technology ETF

In short

QTEC QTEC 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.

RSPT Tech without the megacap gravity. RSPT hands each of the S&P 500's roughly 80 technology names the same slice and resets every quarter, so the sector's giants carry no more weight than its smaller names.

Stated mandate

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

RSPT The Fund is designed to follow the S&P 500 Equal Weight Information Technology Index, investing at least 90% of assets in index securities. The index equally weights information technology stocks from the S&P 500 and rebalances quarterly.

Why people hold it

QTEC About 40 tech names drawn from the Nasdaq-100 rather than the full sector roster. Concentrated on purpose, so individual holdings actually move the needle.
Tracks its index closely and trades with enough activity for routine orders, so you get the Nasdaq tech screen rather than a tracking science project.
Live 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.

RSPT Equal weight by design: about 80 S&P 500 tech stocks, one identical slice each, rebalanced quarterly. No single giant steers the fund.invesco.com
Running since 2006 and it hews closely to its index. A multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
One of the stronger implementations in a crowded broad-tech aisle, with a plain index mandate and quarterly distributions.

Worth knowing

QTEC 0.55% 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.
Roughly 40 stocks from a single index means single names and tech sentiment swing this harder than a several-hundred-name sector fund.
Distributions land only once or twice a year, so this reads as a growth-tilted equity holding, not an income stream.

RSPT 0.40% a year lands mid-pack for tech sector funds but well above cap-weighted majors like VGT (0.09%), XLK (0.08%) and FTEC (0.08%).
Equal weighting leans on the sector's smaller members and the quarterly reset trims what ran up. Expect it to move to a different beat than cap-weighted tech.
Still a single-sector fund: everything inside is S&P 500 information technology, with the concentration that implies.

Full QTEC profile⁠

Full RSPT profile⁠

QTEC vs RSPT Holdings

How QTEC and RSPT differ

Overlap by weight

44.0%

Shared holdings make up 73.1% of QTEC and 44.0% of RSPT.

Level by level

Holdings33 in both44.0%
Sector6 Sectors85.5%
Countryby domicile92.3%
Asset classEquity100%

Sector

Sector weights in QTEC and RSPT, widest gap first
Sector	More in QTECMore in RSPT	QTEC	RSPT
Technology	RSPT +13.3 points	85.5%	98.9%
Communication	QTEC +9.0 points	9.0%	0.0%
Consumer Discretionary	QTEC +3.6 points	3.6%	0.0%
Industrials	QTEC +1.9 points	1.9%	0.0%
Energy	RSPT +1.1 points	0.0%	1.1%
Financials	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in QTEC and RSPT, widest gap first
Country	More in QTECMore in RSPT	QTEC	RSPT
United States	RSPT +6.6 points	90.8%	97.5%
Canada	QTEC +4.9 points	4.9%	0.0%
Netherlands	QTEC +2.2 points	2.2%	0.0%
Mexico	RSPT +1.1 points	0.0%	1.1%
China	QTEC +0.7 points	2.1%	1.4%

Concentration

Weight in the 10 largest Holdings

QTEC25.7%
RSPT16.8%

Securities held

QTEC47
RSPT76

Asset class

QTEC: Equity
RSPT: Equity

Holdings

Only in QTEC14
In both33
Only in RSPT43

Only in QTEC

14 securities, 26.9% of QTEC by weight

Thomson Reuters Corporation2.57%
Meta Platforms, Inc. (Class A)2.50%
Shopify Inc. (Class A)2.49%
Strategy Incorporated (Class A)2.29%
PDD Holdings Inc. (ADR)2.18%
ASML Holding N.V. (New York Registry Shares)2.15%
Astera Labs, Inc.2.03%
Arm Holdings Plc1.98%
DoorDash, Inc. (Class A)1.80%
Nebius Group N.V.1.74%
Applovin Corp. (Class A)1.70%
CoreWeave, Inc. (Class A)1.50%
Alphabet Inc. (Class C)0.97%
Alphabet Inc. (Class A)0.96%

Only in RSPT

43 securities, 56.0% of RSPT by weight

PTC Inc1.97%
Everpure Inc1.84%
Accenture PLC1.83%
Gartner Inc1.73%
NetApp Inc1.54%
Skyworks Solutions Inc1.52%
CDW Corp/DE1.51%
Trimble Inc1.48%
Teledyne Technologies Inc1.48%
GoDaddy Inc1.47%
Zebra Technologies Corp1.42%
Tyler Technologies Inc1.42%
TE Connectivity PLC1.42%
International Business Machines Corp1.40%
Cognizant Technology Solutions Corp1.40%
Motorola Solutions Inc1.39%
VeriSign Inc1.39%
ON Semiconductor Corp1.38%
Ciena Corp1.34%
Amphenol Corp1.31%
Hewlett Packard Enterprise Co1.30%
Keysight Technologies Inc1.30%
Cisco Systems Inc1.29%
HP Inc1.28%
Qnity Electronics Inc1.27%
Arista Networks Inc1.24%
Gen Digital Inc1.23%
Salesforce Inc1.23%
Lumentum Holdings Inc1.21%
Jabil Inc1.20%
F5 Inc1.17%
Akamai Technologies Inc1.17%
Twilio Inc1.16%
Dell Technologies Inc1.16%
Super Micro Computer Inc1.15%
First Solar Inc1.13%
Oracle Corp1.12%
ServiceNow Inc1.09%
Flex Ltd1.07%
Coherent Corp1.02%
Corning Inc1.00%
Fair Isaac Corp0.94%
Invesco Government & Agency Portfolio0.02%

Weight gaps

All 33 Holdings in both funds, largest gap first.

Holding weights in QTEC and RSPT, widest gap first
Holding	More in QTECMore in RSPT	QTEC	RSPT
NXP Semiconductors N.V.NXPI	QTEC +1.14 points	2.69%	1.55%
Analog Devices, Inc.ADI	QTEC +1.14 points	2.68%	1.54%
Texas Instruments IncorporatedTXN	QTEC +1.12 points	2.68%	1.56%
Apple Inc.AAPL	QTEC +1.09 points	2.53%	1.44%
Advanced Micro Devices, Inc.AMD	QTEC +1.09 points	2.50%	1.41%
Roper Technologies, Inc.ROP	QTEC +1.06 points	2.56%	1.50%
Microchip Technology IncorporatedMCHP	QTEC +1.00 points	2.45%	1.45%
Microsoft CorporationMSFT	QTEC +1.00 points	2.40%	1.40%
Micron Technology, Inc.MU	QTEC +0.97 points	2.15%	1.18%
Workday, Inc. (Class A)WDAY	QTEC +0.96 points	2.33%	1.37%
Marvell Technology, Inc.MRVL	QTEC +0.95 points	2.16%	1.21%
Monolithic Power Systems, Inc.MPWR	QTEC +0.93 points	2.23%	1.30%
NVIDIA CorporationNVDA	QTEC +0.92 points	2.16%	1.24%
KLA CorporationKLAC	QTEC +0.91 points	2.10%	1.19%
CrowdStrike Holdings, Inc. (Class A)CRWD	QTEC +0.89 points	2.52%	1.63%
QUALCOMM IncorporatedQCOM	QTEC +0.88 points	2.25%	1.37%
Synopsys, Inc.SNPS	QTEC +0.86 points	2.48%	1.62%
Intuit Inc.INTU	QTEC +0.84 points	2.21%	1.37%
Western Digital CorporationWDC	QTEC +0.82 points	1.89%	1.07%
Teradyne, Inc.TER	QTEC +0.83 points	1.83%	1.00%
Broadcom Inc.AVGO	QTEC +0.82 points	2.05%	1.23%
Applied Materials, Inc.AMAT	QTEC +0.81 points	1.98%	1.17%
Lam Research CorporationLRCX	QTEC +0.80 points	1.85%	1.05%
Palantir Technologies Inc. (Class A)PLTR	QTEC +0.79 points	2.30%	1.51%
Seagate Technology Holdings PlcSTX	QTEC +0.78 points	1.81%	1.03%
Datadog, Inc. (Class A)DDOG	QTEC +0.77 points	2.31%	1.54%
Palo Alto Networks, Inc.PANW	QTEC +0.75 points	2.23%	1.48%
Sandisk CorporationSNDK	QTEC +0.73 points	1.71%	0.98%
Autodesk, Inc.ADSK	QTEC +0.73 points	2.25%	1.52%
Adobe IncorporatedADBE	QTEC +0.72 points	1.99%	1.27%
Fortinet, Inc.FTNT	QTEC +0.70 points	1.85%	1.15%
Cadence Design Systems, Inc.CDNS	QTEC +0.68 points	2.25%	1.57%
Intel CorporationINTC	QTEC +0.58 points	1.71%	1.13%

All 47 QTEC holdings⁠All 76 RSPT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QTEC vs RSPT Cost

Overpaying QTEC vs RSPT

$2,814

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

QTEC 0.55%
$10,904
RSPT 0.40%
$8,090

Amount$10,000

Years30 years

Cost over time

QTEC 0.55%
RSPT 0.40%
Overpaying

Year by year

Year	QTEC	RSPT	Overpaying
10	$988	$723	$265
20	$3,790	$2,793	$997
30	$10,904	$8,090	$2,814

Expense ratio

0.55%QTEC
0.40%RSPT, cheaper

RSPT0.40%QTEC0.55%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

RSPT 11th cheapest of 23 funds

QTEC 14th cheapest of 23 funds

QTEC vs RSPT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): QTEC 0.01%; RSPT 0.24%, better
Payout (12M): QTEC $0.03; RSPT $0.15
Last payment: QTEC $0.03; RSPT $0.03
Ex-dividend: QTEC Jun 25, 2026; RSPT Sep 21, 2026
Paid on: QTEC Jun 30, 2026; RSPT Sep 25, 2026
Frequency: QTEC Irregular; RSPT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QTECIrregular · 31 paymentsAll QTEC payments⁠

RSPTQuarterly · 39 paymentsAll RSPT payments⁠

QTEC vs RSPT Risk

Fall from peak · 5 years

QTEC
RSPT

Risk facts

VolatilityStd dev, 3 years: QTEC 26.6%RSPT 22.0%, better
Return per unit of riskSharpe ratio, 3 years: QTEC 0.90RSPT 1.23, better
Worst fallMax drawdown, 5 years: QTEC −45.5%RSPT −32.5%, better
Market sensitivityBeta, 5 years: QTEC 1.43RSPT 1.53; Market = 1

QTEC and RSPT in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026RSPT
Category Review
The pricier equal-weight technology fund led the cap-weighted one by 11.6 percentage points
Updated Oct 9, 2026RSPT
Deep Dive
An equal-weight technology ETF beat the cap-weighted fund by 9.3 percentage points
Sep 28, 2026RSPT
Deep Dive
Cybersecurity paid for tech's week. The AI funds did not
Sep 19, 2026RSPT
Deep Dive
Software funds fall 2.9% as application names are marked down
Sep 12, 2026RSPT
Deep Dive
Chip funds rose 2.5% as software ETFs fell 4.5%
Sep 5, 2026RSPT

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QTEC vs RSPT

In short

Stated mandate

Why people hold it