(QTEC) NASDAQ-100-Technology Sector - NASDAQ
ETF Category: Technology | Exchange: NASDAQ (USA) | Market Cap: 3.747m USD | Total Return: 45.2% in 12m
Avg Turnover: 44.3M
Warnings
Fakeout
Tailwinds
No distinct edge detected
The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) tracks an equal-weighted index of technology companies derived from the NASDAQ-100. The fund mandates that at least 90% of its net assets are invested in these specific securities, utilizing the Industry Classification Benchmark to define sector eligibility.
Unlike market-cap-weighted funds, QTEC’s equal-weight methodology reduces concentration risk by providing the same exposure to mid-cap technology firms as it does to industry giants. This strategy captures the performance of a broad range of sub-sectors, including semiconductors, software, and hardware providers, which often cycle through different growth phases. Investors can utilize ValueRay to further analyze how these specific weightings impact long-term portfolio volatility.
- Semiconductor demand cycles dictate performance of equal-weighted holdings
- Federal Reserve interest rate shifts impact high-growth technology valuations
- Equal-weight methodology increases exposure to mid-cap volatility versus benchmarks
- Corporate cloud infrastructure spending cycles drive constituent revenue growth
- Global trade policy changes affect international hardware supply chains
As of June 11, 2026, the stock is trading at USD 298.97 with a total of 545,194 shares traded.
Over the past week, the price has changed by -10.27%,
over one month by +0.39%,
over three months by +32.92% and
over the past year by +45.24%.
NASDAQ-100-Technology Sector has no consensus analysts rating.