QTEC vs. SMH ETF Comparison

Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to Market Vectors Semiconductor ETF (SMH)

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

$195.46

Average Daily Volume

114,333

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$246.10

Average Daily Volume

5,987,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QTEC	SMH
30 Days	1.76%	-2.22%
60 Days	4.48%	3.45%
90 Days	1.92%	-0.92%
12 Months	23.11%	51.80%

18 Overlapping Holdings

Symbol	Grade	Weight in QTEC	Weight in SMH	Overlap
ADI	D	2.13%	3.77%	2.13%
AMAT	F	2.21%	3.99%	2.21%
AMD	F	2.03%	4.48%	2.03%
ASML	F	1.99%	4.02%	1.99%
AVGO	D	2.27%	7.69%	2.27%
CDNS	B	2.52%	3.03%	2.52%
INTC	C	2.61%	4.15%	2.61%
KLAC	F	1.94%	3.21%	1.94%
LRCX	F	2.21%	3.53%	2.21%
MCHP	F	1.94%	1.3%	1.3%
MRVL	B	2.8%	2.53%	2.53%
MU	D	2.49%	3.91%	2.49%
NVDA	B	2.89%	23.17%	2.89%
NXPI	D	2.2%	1.82%	1.82%
ON	D	2.2%	0.88%	0.88%
QCOM	F	2.21%	4.3%	2.21%
SNPS	B	2.47%	3.14%	2.47%
TXN	C	2.31%	4.45%	2.31%

QTEC Overweight 25 Positions Relative to SMH

Symbol	Grade	Weight
TEAM	A	3.5%
DASH	B	2.84%
FTNT	C	2.81%
ZS	B	2.75%
PANW	B	2.64%
ADSK	A	2.62%
CRWD	B	2.62%
DDOG	A	2.61%
PDD	F	2.56%
WDAY	B	2.49%
INTU	B	2.48%
GFS	C	2.47%
CTSH	B	2.44%
ANSS	B	2.42%
MDB	B	2.39%
META	D	2.34%
ROP	B	2.31%
ADBE	C	2.31%
AAPL	C	2.28%
MSFT	D	2.24%
ARM	F	2.24%
CDW	F	1.83%
GOOG	C	1.23%
GOOGL	C	1.22%
SMCI	F	0.9%

QTEC Underweight 7 Positions Relative to SMH

Symbol	Grade	Weight
TSM	B	-13.2%
MPWR	F	-0.98%
STM	F	-0.78%
TER	F	-0.58%
SWKS	F	-0.5%
OLED	F	-0.3%
QRVO	F	-0.23%