GTEK vs. QTEC ETF Comparison
Comparison of Goldman Sachs Future Tech Leaders Equity ETF (GTEK) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
GTEK
Goldman Sachs Future Tech Leaders Equity ETF
GTEK Description
Goldman Sachs ETF Trust - Goldman Sachs Future Tech Leaders Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across information technology, communication services, internet and direct marketing retail and healthcare technology sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. Goldman Sachs ETF Trust - Goldman Sachs Future Tech Leaders Equity ETF was formed on September 14, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$33.74
Average Daily Volume
14,730
34
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
$196.94
Average Daily Volume
114,716
43
Performance
Period | GTEK | QTEC |
---|---|---|
30 Days | 9.81% | 4.12% |
60 Days | 12.71% | 4.78% |
90 Days | 13.58% | 2.69% |
12 Months | 32.89% | 24.05% |
12 Overlapping Holdings
Symbol | Grade | Weight in GTEK | Weight in QTEC | Overlap | |
---|---|---|---|---|---|
ADI | D | 1.09% | 2.13% | 1.09% | |
CDNS | B | 2.38% | 2.52% | 2.38% | |
CDW | F | 0.85% | 1.83% | 0.85% | |
CRWD | B | 2.64% | 2.62% | 2.62% | |
DASH | A | 1.1% | 2.84% | 1.1% | |
DDOG | A | 2.73% | 2.61% | 2.61% | |
KLAC | D | 1.9% | 1.94% | 1.9% | |
MDB | C | 1.4% | 2.39% | 1.4% | |
MRVL | B | 4.12% | 2.8% | 2.8% | |
MU | D | 1.92% | 2.49% | 1.92% | |
TEAM | A | 1.73% | 3.5% | 1.73% | |
ZS | C | 2.43% | 2.75% | 2.43% |
GTEK Overweight 22 Positions Relative to QTEC
GTEK Underweight 31 Positions Relative to QTEC
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | C | -2.89% | |
FTNT | C | -2.81% | |
PANW | C | -2.64% | |
ADSK | A | -2.62% | |
INTC | D | -2.61% | |
PDD | F | -2.56% | |
WDAY | B | -2.49% | |
INTU | C | -2.48% | |
SNPS | B | -2.47% | |
GFS | C | -2.47% | |
CTSH | B | -2.44% | |
ANSS | B | -2.42% | |
META | D | -2.34% | |
ROP | B | -2.31% | |
TXN | C | -2.31% | |
ADBE | C | -2.31% | |
AAPL | C | -2.28% | |
AVGO | D | -2.27% | |
MSFT | F | -2.24% | |
ARM | D | -2.24% | |
LRCX | F | -2.21% | |
AMAT | F | -2.21% | |
QCOM | F | -2.21% | |
ON | D | -2.2% | |
NXPI | D | -2.2% | |
AMD | F | -2.03% | |
ASML | F | -1.99% | |
MCHP | D | -1.94% | |
GOOG | C | -1.23% | |
GOOGL | C | -1.22% | |
SMCI | F | -0.9% |
GTEK: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords