IWFG vs. QTEC ETF Comparison
Comparison of IQ MacKay Municipal Insured ETF (IWFG) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
IWFG
IQ MacKay Municipal Insured ETF
IWFG Description
The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$48.75
Average Daily Volume
137
29
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
$199.51
Average Daily Volume
114,716
43
Performance
| Period | IWFG | QTEC |
|---|---|---|
| 30 Days | 3.05% | 4.12% |
| 60 Days | 5.77% | 4.78% |
| 90 Days | 7.38% | 2.69% |
| 12 Months | 40.12% | 24.05% |
13 Overlapping Holdings
| Symbol | Grade | Weight in IWFG | Weight in QTEC | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.03% | 2.28% | 2.28% | |
| ADBE | C | 2.35% | 2.31% | 2.31% | |
| ADI | D | 3.09% | 2.13% | 2.13% | |
| ASML | F | 1.48% | 1.99% | 1.48% | |
| AVGO | D | 4.86% | 2.27% | 2.27% | |
| GOOG | C | 4.52% | 1.23% | 1.23% | |
| INTU | C | 2.23% | 2.48% | 2.23% | |
| LRCX | F | 1.93% | 2.21% | 1.93% | |
| META | D | 4.54% | 2.34% | 2.34% | |
| MSFT | F | 11.57% | 2.24% | 2.24% | |
| NVDA | C | 7.83% | 2.89% | 2.89% | |
| SNPS | B | 1.81% | 2.47% | 1.81% | |
| WDAY | B | 1.62% | 2.49% | 1.62% |
IWFG Underweight 30 Positions Relative to QTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| TEAM | A | -3.5% | |
| DASH | A | -2.84% | |
| FTNT | C | -2.81% | |
| MRVL | B | -2.8% | |
| ZS | C | -2.75% | |
| PANW | C | -2.64% | |
| ADSK | A | -2.62% | |
| CRWD | B | -2.62% | |
| DDOG | A | -2.61% | |
| INTC | D | -2.61% | |
| PDD | F | -2.56% | |
| CDNS | B | -2.52% | |
| MU | D | -2.49% | |
| GFS | C | -2.47% | |
| CTSH | B | -2.44% | |
| ANSS | B | -2.42% | |
| MDB | C | -2.39% | |
| ROP | B | -2.31% | |
| TXN | C | -2.31% | |
| ARM | D | -2.24% | |
| AMAT | F | -2.21% | |
| QCOM | F | -2.21% | |
| ON | D | -2.2% | |
| NXPI | D | -2.2% | |
| AMD | F | -2.03% | |
| KLAC | D | -1.94% | |
| MCHP | D | -1.94% | |
| CDW | F | -1.83% | |
| GOOGL | C | -1.22% | |
| SMCI | F | -0.9% |
IWFG: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords
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