QTEC vs. WTAI ETF Comparison
Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
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
$184.08
Average Daily Volume
108,813
Number of Holdings
*
41
* may have additional holdings in another (foreign) market
WTAI
WisdomTree Artificial Intelligence and Innovation Fund
WTAI Description
WisdomTree Artificial Intelligence and Innovation Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity markets across the globe. The fund invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment, software and services, software, system software, software research, artificial intelligence software and technology hardware and equipment sectors. It invests in growth and value stocks of diversified market cap companies. It seeks to track the performance of the WisdomTree Artificial Intelligence & Innovation Index, by using representative sampling technique. WisdomTree Artificial Intelligence and Innovation Fund is domiciled in the United States.Grade (RS Rating)
Last Trade
$20.00
Average Daily Volume
177,618
Number of Holdings
*
62
* may have additional holdings in another (foreign) market
Performance
| Period | QTEC | WTAI |
|---|---|---|
| 30 Days | -3.79% | -3.70% |
| 60 Days | -5.91% | -7.18% |
| 90 Days | -0.33% | -3.70% |
| 12 Months | 51.16% | 25.48% |
24 Overlapping Holdings
| Symbol | Grade | Weight in QTEC | Weight in WTAI | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 2.54% | 0.87% | 0.87% | |
| ADBE | D | 2.43% | 0.7% | 0.7% | |
| ADI | A | 2.64% | 1.51% | 1.51% | |
| ADSK | D | 2.15% | 1.12% | 1.12% | |
| AMD | D | 2.12% | 1.72% | 1.72% | |
| ANSS | D | 2.54% | 1.23% | 1.23% | |
| ASML | D | 2.44% | 2.04% | 2.04% | |
| CDNS | D | 2.39% | 1.39% | 1.39% | |
| CRWD | D | 2.43% | 1.81% | 1.81% | |
| DDOG | C | 2.71% | 1.37% | 1.37% | |
| GFS | D | 2.38% | 1.36% | 1.36% | |
| GOOGL | A | 1.49% | 2.38% | 1.49% | |
| INTC | F | 1.86% | 0.74% | 0.74% | |
| MCHP | A | 2.65% | 1.58% | 1.58% | |
| MDB | F | 2.64% | 1.1% | 1.1% | |
| META | D | 2.26% | 2.4% | 2.26% | |
| MSFT | C | 2.44% | 1.84% | 1.84% | |
| MU | B | 3.1% | 1.97% | 1.97% | |
| NVDA | C | 2.52% | 2.35% | 2.35% | |
| NXPI | A | 2.63% | 1.68% | 1.68% | |
| ON | F | 2.39% | 1.29% | 1.29% | |
| QCOM | A | 2.56% | 2.01% | 2.01% | |
| SNPS | D | 2.5% | 1.35% | 1.35% | |
| TEAM | F | 2.3% | 1.09% | 1.09% |
QTEC Underweight 38 Positions Relative to WTAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARM | F | -2.61% | |
| TSM | C | -1.83% | |
| TER | A | -1.69% | |
| LSCC | D | -1.68% | |
| IOT | B | -1.61% | |
| ESTC | C | -1.51% | |
| NET | F | -1.5% | |
| SYNA | D | -1.38% | |
| RXRX | F | -1.32% | |
| AMZN | A | -1.32% | |
| ISRG | C | -1.29% | |
| NOW | D | -1.23% | |
| PATH | D | -1.22% | |
| S | D | -1.21% | |
| AVAV | B | -1.16% | |
| LMND | B | -1.13% | |
| GTLB | F | -1.12% | |
| TWLO | C | -1.12% | |
| ALTR | D | -1.11% | |
| DT | F | -1.11% | |
| ILMN | F | -1.09% | |
| PTC | D | -1.08% | |
| PRO | F | -1.06% | |
| SNOW | D | -1.05% | |
| SLP | B | -1.02% | |
| RBLX | C | -1.01% | |
| U | F | -0.95% | |
| AI | F | -0.94% | |
| AMBA | F | -0.94% | |
| DE | B | -0.93% | |
| LMT | B | -0.88% | |
| SDGR | F | -0.79% | |
| LAW | B | -0.78% | |
| TSLA | D | -0.69% | |
| CRNC | F | -0.6% | |
| CEVA | D | -0.58% | |
| STEM | F | -0.55% | |
| LAZR | F | -0.36% |
QTEC: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Semiconductor Equipment & Materials
Internet Content & Information
Software - Infrastructure
Information Technology Services
Consumer Electronics
Diversified Industrials
Internet Content & Information
Semiconductor Memory
Specialty Retail
Keywords:
Nasdaq 100
S&P 500
Computing
Integrated Circuits
Semiconductor
Work From Home
Smartphones
Software
Mobile Devices
Cloud Computing
Electronics
Fabless Semiconductor Companies
Power Management
Cloud Infrastructure
Electronic Design
Operating System
Semiconductor Device Fabrication
Semiconductor Devices
Cybersecurity
Deep Learning
WTAI: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Software - Infrastructure
Semiconductor Equipment & Materials
Aerospace & Defense
Internet Content & Information
Auto Manufacturers
Auto Parts
Biotechnology
Consumer Electronics
Diagnostics & Research
Electronic Gaming & Multimedia
Farm & Construction Equipment
Health Information Services
Health Information Services
Information Technology Services
Insurance - Property & Casualty
Medical Instruments & Supplies
Semiconductor Memory
Specialty Retail
Keywords:
Nasdaq 100
S&P 500
Computing
Integrated Circuits
Software
Semiconductor
Artificial Intelligence
Work From Home
Fabless Semiconductor Companies
Cloud Computing
Electronics
Mobile Devices
Smartphones
Application Software
Electronic Design
Electronic Engineering
Flash
Information Technology Management
Power Management
Semiconductor Devices
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