QTEC vs VGT: Grades, Fees and Holdings Compared

First Trust NASDAQ-100-Technology Sector Index Fund

QTECBNasdaq

Vanguard Information Technology ETF

VGTANYSE Arca

Overlap

33.3%by weight

Expense ratio

VGT −0.46pt a year

QTEC0.55%VGT0.09%

Avg volume · 30D

VGT 13.5×the volume

QTEC314KVGT4.23M

10Y return · a year

VGT +4.4pt

QTEC+19.5%VGT+23.9%

QTEC vs VGT Performance

Oct 29, 2021 – Oct 30, 2026

+73.1%QTEC+122.6%VGT

Expense ratio: QTEC 0.55%; VGT 0.09%, better
Fund size: QTEC $4.33B; VGT $178B
1Y total return: QTEC +21.1%, better; VGT +18.5%
Yield (12M): QTEC 0.01%; VGT 0.40%, better
Holdings: QTEC 48; VGT 321
Avg volume (30D): QTEC 314K sh; VGT 4.23M sh, better
NAV per share: QTEC $292.72; VGT $116.95
52W range

ETF.net Grade

Pillar letters and Scores for QTEC, VGT, with each pillar’s weight
Pillar	QTEC	VGT
Cost30% weight	C40	A92Higher
Mission25% weight	C52	A84Higher
Risk15% weight	C42	B60Higher
Tradability15% weight	A84Higher	B57
Holdings10% weight	A81Higher	C41
Durability5% weight	B62	A93Higher

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. QTEC and VGT 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 ›

VGT ranks 3rd 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 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

VGTAVanguard Information 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.

VGT Vanguard's technology sleeve, indexed since 2004: roughly 300 US tech stocks running from megacap giants down to small caps, for 0.09% a year. Broad coverage of the sector rather than just its household 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.

VGT The fund seeks to track an index measuring the investment return of information technology stocks. It uses an indexing approach for large-, mid-, and small-capitalization U.S. technology companies and normally invests at least 80% of assets in target-index stocks.

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.

VGT Casts a wide net: about 300 US technology stocks across large, mid and small caps, not just the megacap names everyone already knows.vanguard.com
Charges 0.09% a year, roughly a quarter of what the typical technology sector ETF asks.
One of the largest and most actively traded sector funds around, and it has followed its index closely.
Running since 2004 and among the strongest implementations in its technology peer group. Pays quarterly.

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.

VGT Weighted by market value, so the biggest platform companies drive most of the return. The small caps are along for the ride.
One sector, one country: US technology only, which means bigger swings than a total market fund.
If the last basis point matters, XLK and FTEC list at 0.08%.

Full QTEC profile⁠

Full VGT profile⁠

QTEC vs VGT Holdings

How QTEC and VGT differ

Overlap by weight

33.3%

Shared holdings make up 79.0% of QTEC and 76.7% of VGT.

Level by level

Holdings36 in both33.3%
Sector7 Sectors85.9%
Countryby domicile90.8%
Asset classEquity100%

Sector

Sector weights in QTEC and VGT, widest gap first
Sector	More in QTECMore in VGT	QTEC	VGT
Technology	VGT +13.7 points	85.5%	99.3%
Communication	QTEC +9.0 points	9.0%	0.0%
Consumer Discretionary	QTEC +3.5 points	3.6%	0.1%
Industrials	QTEC +1.6 points	1.9%	0.3%
Financials	VGT +0.3 points	0.0%	0.3%
Materials	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in QTEC and VGT, widest gap first
Country	More in QTECMore in VGT	QTEC	VGT
United States	VGT +9.1 points	90.8%	100.0%
Canada	QTEC +4.9 points	4.9%	0.0%
Netherlands	QTEC +2.2 points	2.2%	0.0%
China	QTEC +2.1 points	2.1%	0.0%

Concentration

Weight in the 10 largest Holdings

QTEC25.7%
VGT63.6%

Securities held

QTEC47
VGT319

Asset class

QTEC: Equity
VGT: Equity

Holdings

Only in QTEC11
In both36
Only in VGT283

Only in QTEC

11 securities, 21.0% of QTEC by weight

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

Only in VGT

283 securities, 23.3% of VGT by weight

Cisco Systems Inc1.60%
Oracle Corp0.86%
Arista Networks Inc0.85%
Amphenol Corp0.80%
International Business Machines Corp0.77%
Salesforce Inc0.72%
Dell Technologies Inc0.65%
ServiceNow Inc0.54%
Corning Inc0.49%
Snowflake Inc0.45%
Accenture PLC0.45%
Cloudflare Inc0.45%
Hewlett Packard Enterprise Co0.36%
Motorola Solutions Inc0.31%
Lumentum Holdings Inc0.30%
Keysight Technologies Inc0.27%
TE Connectivity PLC0.27%
Ciena Corp0.21%
Twilio Inc0.21%
Coherent Corp0.21%
Everpure Inc0.20%
NetApp Inc0.19%
Okta Inc0.19%
Flex Ltd0.19%
SLBBH11420.18%
Credo Technology Group Holding Ltd0.15%
HP Inc0.15%
Atlassian Corp0.15%
Jabil Inc0.15%
ON Semiconductor Corp0.14%
Teledyne Technologies Inc0.14%
F5 Inc0.14%
Cognizant Technology Solutions Corp0.14%
Qnity Electronics Inc0.13%
MongoDB Inc0.13%
Super Micro Computer Inc0.13%
Entegris Inc0.13%
VeriSign Inc0.13%
Semtech Corp0.12%
Zoom Communications Inc0.11%
Rubrik Inc0.11%
Nutanix Inc0.11%
Zscaler Inc0.11%
TD SYNNEX Corp0.11%
Zebra Technologies Corp0.11%
Lattice Semiconductor Corp0.11%
MACOM Technology Solutions Holdings Inc0.11%
MKS Inc0.10%
Dynatrace Inc0.10%
CDW Corp/DE0.10%

Weight gaps

All 36 Holdings in both funds, largest gap first.

Holding weights in QTEC and VGT, widest gap first
Holding	More in QTECMore in VGT	QTEC	VGT
NVIDIA CorporationNVDA	VGT +15.43 points	2.16%	17.59%
Apple Inc.AAPL	VGT +13.39 points	2.53%	15.92%
Microsoft CorporationMSFT	VGT +8.76 points	2.40%	11.16%
NXP Semiconductors N.V.NXPI	QTEC +2.43 points	2.69%	0.26%
Roper Technologies, Inc.ROP	QTEC +2.40 points	2.56%	0.16%
Micron Technology, Inc.MU	VGT +2.31 points	2.15%	4.46%
Microchip Technology IncorporatedMCHP	QTEC +2.26 points	2.45%	0.19%
Workday, Inc. (Class A)WDAY	QTEC +2.15 points	2.33%	0.18%
Synopsys, Inc.SNPS	QTEC +2.15 points	2.48%	0.33%
Strategy Incorporated (Class A)MSTR	QTEC +2.13 points	2.29%	0.16%
Broadcom Inc.AVGO	VGT +2.06 points	2.05%	4.11%
Autodesk, Inc.ADSK	QTEC +2.05 points	2.25%	0.20%
Monolithic Power Systems, Inc.MPWR	QTEC +1.96 points	2.23%	0.27%
Datadog, Inc. (Class A)DDOG	QTEC +1.95 points	2.31%	0.36%
Analog Devices, Inc.ADI	QTEC +1.93 points	2.68%	0.75%
Intuit Inc.INTU	QTEC +1.91 points	2.21%	0.30%
Cadence Design Systems, Inc.CDNS	QTEC +1.87 points	2.25%	0.38%
Astera Labs, Inc.ALAB	QTEC +1.80 points	2.03%	0.23%
Texas Instruments IncorporatedTXN	QTEC +1.70 points	2.68%	0.98%
Adobe IncorporatedADBE	QTEC +1.60 points	1.99%	0.39%
Teradyne, Inc.TER	QTEC +1.56 points	1.83%	0.27%
CoreWeave, Inc. (Class A)CRWV	QTEC +1.50 points	1.50%	<0.01%
CrowdStrike Holdings, Inc. (Class A)CRWD	QTEC +1.50 points	2.52%	1.02%
QUALCOMM IncorporatedQCOM	QTEC +1.49 points	2.25%	0.76%
Fortinet, Inc.FTNT	QTEC +1.39 points	1.85%	0.46%
Marvell Technology, Inc.MRVL	QTEC +1.28 points	2.16%	0.88%
Western Digital CorporationWDC	QTEC +1.28 points	1.89%	0.61%
Advanced Micro Devices, Inc.AMD	VGT +1.18 points	2.50%	3.68%
KLA CorporationKLAC	QTEC +1.12 points	2.10%	0.98%
Seagate Technology Holdings PlcSTX	QTEC +1.02 points	1.81%	0.79%
Palo Alto Networks, Inc.PANW	QTEC +0.99 points	2.23%	1.24%
Palantir Technologies Inc. (Class A)PLTR	QTEC +0.75 points	2.30%	1.55%
Sandisk CorporationSNDK	QTEC +0.74 points	1.71%	0.97%
Applied Materials, Inc.AMAT	QTEC +0.45 points	1.98%	1.53%
Lam Research CorporationLRCX	QTEC +0.29 points	1.85%	1.56%
Intel CorporationINTC	VGT +0.28 points	1.71%	1.99%

All 47 QTEC holdings⁠All 310 VGT 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 VGT Cost

Overpaying QTEC vs VGT

$9,006

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

QTEC 0.55%
$10,904
VGT 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

QTEC 0.55%
VGT 0.09%
Overpaying

Year by year

Year	QTEC	VGT	Overpaying
10	$988	$165	$823
20	$3,790	$646	$3,144
30	$10,904	$1,898	$9,006

Expense ratio

0.55%QTEC
0.09%VGT, cheaper

VGT0.09%QTEC0.55%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

VGT 3rd cheapest of 23 funds

QTEC 14th cheapest of 23 funds

QTEC vs VGT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): QTEC 0.01%; VGT 0.40%, better
Payout (12M): QTEC $0.03; VGT $0.47
Last payment: QTEC $0.03; VGT $0.15
Ex-dividend: QTEC Jun 25, 2026; VGT Sep 23, 2026
Paid on: QTEC Jun 30, 2026; VGT Sep 25, 2026
Frequency: QTEC Irregular; VGT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QTECIrregular · 31 paymentsAll QTEC payments⁠

VGTQuarterly · 39 paymentsAll VGT payments⁠

QTEC vs VGT Risk

Fall from peak · 5 years

QTEC
VGT

Risk facts

VolatilityStd dev, 3 years: QTEC 26.6%VGT 22.2%, better
Return per unit of riskSharpe ratio, 3 years: QTEC 0.90VGT 1.19, better
Worst fallMax drawdown, 5 years: QTEC −45.5%VGT −35.1%, better
Market sensitivityBeta, 5 years: QTEC 1.43VGT 1.35; Market = 1

QTEC and VGT in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026VGT
Head-to-Head
QQQ vs. VGT: choose VGT for technology, QQQ for the Nasdaq-100
Oct 23, 2026VGT
New ETFs
XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF
Oct 12, 2026VGT
Head-to-Head
Vanguard Information Technology ETF holds NVIDIA, Apple and Microsoft at twice the weight of Invesco QQQ Trust, Series 1
Oct 10, 2026VGT
Sector Pulse
Materials led the sectors, pulled by Vylor and two steelmakers
Oct 5, 2026VGT
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Oct 4, 2026VGT

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