QTEC

First Trust NASDAQ-100 Technology Index Fund

$227.90

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The First Trust NASDAQ-100 Technology Index Fund (QTEC) seeks to track the performance of the NASDAQ-100 Technology Sector Index, which is designed to measure the performance of the technology sector of the NASDAQ-100 Index.

Overview

ETF tracking First Trust NASDAQ-100 Technology Index Fund

Category Technology

Issuer First Trust

Inception Date 2006-04-19

Market Cap $2.8B

Average Volume N/A

Dividend Yield 0.00%

52-Week Range $149.56 - $243.76

VWAP $227.57

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests at least 90% of its net assets in the common stocks and depositary receipts that comprise the NASDAQ-100 Technology Sector Index. The index includes companies from the technology sector of the NASDAQ-100 Index, which is composed of the 100 largest non-financial companies listed on the NASDAQ Stock Market.

✨ Key Features

Provides exposure to the technology sector of the NASDAQ-100 Index
Diversified portfolio of leading technology companies
Low expense ratio of 0.00%
Tracks the performance of the NASDAQ-100 Technology Sector Index

⚠️ Primary Risks

Concentration risk as the fund is focused on the technology sector
Market risk as the value of the fund's shares will fluctuate with changes in the value of the underlying index
Liquidity risk as some holdings may be difficult to sell at certain times
Tracking error risk as the fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the technology sector of the U.S. stock market as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon.