FTXL vs. QTEC ETF Comparison
Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
FTXL
First Trust Nasdaq Semiconductor ETF
FTXL Description
The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.
Grade (RS Rating)
Last Trade
$90.84
Average Daily Volume
130,389
31
QTEC
First Trust NASDAQ-100- Technology Index Fund
QTEC Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.Grade (RS Rating)
Last Trade
$191.32
Average Daily Volume
121,211
41
Performance
Period | FTXL | QTEC |
---|---|---|
30 Days | 4.43% | 0.98% |
60 Days | 10.51% | 4.90% |
90 Days | 10.32% | 8.07% |
12 Months | 48.56% | 54.99% |
14 Overlapping Holdings
Symbol | Grade | Weight in FTXL | Weight in QTEC | Overlap | |
---|---|---|---|---|---|
ADI | C | 3.92% | 2.42% | 2.42% | |
AMAT | B | 8.06% | 2.57% | 2.57% | |
AMD | D | 2.09% | 2.26% | 2.09% | |
AVGO | C | 7.99% | 2.64% | 2.64% | |
INTC | D | 7.6% | 2.41% | 2.41% | |
KLAC | C | 4.03% | 2.53% | 2.53% | |
LRCX | B | 4.04% | 2.61% | 2.61% | |
MCHP | C | 4.07% | 2.43% | 2.43% | |
MRVL | D | 2.61% | 2.41% | 2.41% | |
NVDA | C | 8.91% | 2.52% | 2.52% | |
NXPI | C | 3.8% | 2.51% | 2.51% | |
ON | F | 3.7% | 2.45% | 2.45% | |
QCOM | C | 8.35% | 2.47% | 2.47% | |
TXN | C | 3.98% | 2.42% | 2.42% |
FTXL Underweight 27 Positions Relative to QTEC
Symbol | Grade | Weight | |
---|---|---|---|
MU | B | -2.85% | |
SNPS | C | -2.65% | |
CDNS | C | -2.62% | |
ANSS | C | -2.57% | |
ASML | C | -2.55% | |
DASH | B | -2.54% | |
META | C | -2.54% | |
CRWD | C | -2.53% | |
ADSK | C | -2.53% | |
INTU | C | -2.52% | |
CDW | A | -2.51% | |
ADBE | F | -2.51% | |
WDAY | D | -2.5% | |
MSFT | C | -2.5% | |
FTNT | D | -2.49% | |
PANW | D | -2.47% | |
DDOG | D | -2.47% | |
ZS | D | -2.47% | |
TEAM | F | -2.46% | |
ROP | B | -2.46% | |
GFS | F | -2.45% | |
MDB | F | -2.45% | |
AAPL | D | -2.4% | |
PDD | D | -2.39% | |
CTSH | D | -2.33% | |
GOOGL | B | -1.27% | |
GOOG | B | -1.27% |
FTXL: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords