QQXT

First Trust NASDAQ - 100 Ex-Technology Sector Index Fund

$97.67

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) seeks to track the performance of the NASDAQ-100 Ex-Technology Sector Index, which provides exposure to large-cap companies across various sectors excluding the technology sector.

Overview

ETF tracking First Trust NASDAQ - 100 Ex-Technology Sector Index Fund

Category Technology

Issuer First Trust

Inception Date 2007-02-08

Market Cap $1.1B

Average Volume N/A

Dividend Yield 0.72%

52-Week Range $84.34 - $101.22

VWAP $97.67

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passively managed, full-replication strategy, seeking to replicate the performance of the underlying index by holding all of the constituent securities in the same weights as the index. The index is reconstituted and rebalanced quarterly.

✨ Key Features

Provides diversified exposure to large-cap companies across multiple sectors, excluding the technology sector
Passively managed, index-tracking fund with low expense ratio
Quarterly rebalancing to maintain alignment with the underlying index
Suitable for investors seeking broad market exposure with reduced technology sector concentration

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Sector concentration risk: The fund's performance may be more volatile due to its exclusion of the technology sector
Tracking error risk: The fund may not perfectly track the performance of the underlying index
Liquidity risk: The fund may experience difficulty in buying or selling certain holdings

👤 Best For

This ETF may be suitable for investors seeking broad market exposure with reduced technology sector concentration, as part of a diversified portfolio. It may be particularly appealing to investors who wish to limit their technology sector exposure or seek a more balanced sector allocation.