XITK vs. QTEC ETF Comparison

Comparison of SPDR FactSet Innovative Technology ETF (XITK) to First Trust NASDAQ-100- Technology Index Fund (QTEC)

XITK

SPDR FactSet Innovative Technology ETF

XITK Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$180.69

Average Daily Volume

1,614

Number of Holdings ^*

96

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

43

* may have additional holdings in another (foreign) market

Performance

Period	XITK	QTEC
30 Days	15.56%	4.12%
60 Days	18.29%	4.78%
90 Days	18.72%	2.69%
12 Months	39.42%	24.05%

12 Overlapping Holdings

	Symbol	Grade	Weight in XITK	Weight in QTEC	Overlap
	AMD	F	0.86%	2.03%	0.86%
	CRWD	B	1.13%	2.62%	1.13%
	CTSH	B	0.91%	2.44%	0.91%
	DDOG	A	0.92%	2.61%	0.92%
	FTNT	C	1.44%	2.81%	1.44%
	GFS	C	0.65%	2.47%	0.65%
	KLAC	D	0.99%	1.94%	0.99%
	MDB	C	0.61%	2.39%	0.61%
	META	D	1.38%	2.34%	1.38%
	NVDA	C	2.46%	2.89%	2.46%
	SMCI	F	0.53%	0.9%	0.53%
	ZS	C	0.84%	2.75%	0.84%

XITK Overweight 84 Positions Relative to QTEC

	Symbol	Grade	Weight
	APP	B	6.06%
	TOST	B	2.1%
	QTWO	A	2.05%
	SPOT	B	1.92%
	PI	D	1.77%
	DOCS	C	1.69%
	MGNI	A	1.57%
	NFLX	A	1.48%
	UPST	B	1.46%
	PAR	B	1.46%
	TTD	B	1.42%
	SITM	B	1.41%
	DAKT	B	1.39%
	PEGA	A	1.34%
	HCP	B	1.3%
	DOCU	A	1.29%
	Z	A	1.28%
	CWAN	B	1.26%
	INTA	A	1.26%
	KD	B	1.22%
	MNDY	C	1.22%
	IOT	A	1.21%
	DUOL	A	1.19%
	CYBR	B	1.19%
	AGYS	A	1.15%
	NCNO	B	1.1%
	TWLO	A	1.09%
	SEIC	B	1.08%
	G	B	1.05%
	VEEV	C	1.05%
	SSNC	B	1.04%
	RBLX	C	1.03%
	SMAR	A	1.01%
	DOCN	D	0.98%
	ARLO	C	0.97%
	CHKP	D	0.97%
	SQ	B	0.96%
	EA	A	0.95%
	VRNS	D	0.95%
	ONTO	D	0.94%
	AEIS	B	0.93%
	S	B	0.91%
	OLO	B	0.9%
	UPWK	B	0.86%
	OKTA	C	0.85%
	FVRR	B	0.85%
	MPWR	F	0.82%
	APPN	B	0.82%
	GTLB	B	0.82%
	LSPD	C	0.82%
	GLOB	B	0.81%
	TENB	C	0.81%
	DOX	D	0.8%
	ASGN	F	0.8%
	ALIT	C	0.79%
	DT	C	0.79%
	SPSC	C	0.78%
	PUBM	C	0.73%
	JAMF	F	0.72%
	EPAM	C	0.72%
	PD	C	0.71%
	PINS	D	0.67%
	RAMP	C	0.66%
	QLYS	C	0.63%
	IAS	C	0.61%
	RIOT	C	0.6%
	MXL	C	0.6%
	ASAN	C	0.58%
	ZIP	F	0.57%
	RPD	C	0.57%
	ROKU	D	0.57%
	CALX	D	0.57%
	BRZE	C	0.54%
	ZI	D	0.54%
	TDC	D	0.54%
	PRO	C	0.49%
	DV	C	0.48%
	U	C	0.46%
	CLVT	F	0.45%
	PATH	C	0.41%
	OPEN	D	0.39%
	CNXC	F	0.34%
	FSLY	D	0.32%
	APPS	F	0.18%

XITK Underweight 31 Positions Relative to QTEC

	Symbol	Grade	Weight
	TEAM	A	-3.5%
	DASH	A	-2.84%
	MRVL	B	-2.8%
	PANW	C	-2.64%
	ADSK	A	-2.62%
	INTC	D	-2.61%
	PDD	F	-2.56%
	CDNS	B	-2.52%
	MU	D	-2.49%
	WDAY	B	-2.49%
	INTU	C	-2.48%
	SNPS	B	-2.47%
	ANSS	B	-2.42%
	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%
	ADI	D	-2.13%
	ASML	F	-1.99%
	MCHP	D	-1.94%
	CDW	F	-1.83%
	GOOG	C	-1.23%
	GOOGL	C	-1.22%

XITK: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Business Services Electronic Components Real Estate Services Semiconductor Equipment & Materials Advertising Agencies Asset Management Capital Markets Communication Equipment Computer Hardware Computer Systems Conglomerates Credit Services Data Storage Electronic Gaming & Multimedia Electronic Gaming & Multimedia

Keywords: Computing Nasdaq 100 Cloud Computing S&P 500 Cloud Infrastructure Mobile Devices Computer Security Cybersecurity IBD 50 Software Software As A Service Telecommunications Artificial Intelligence Information Technology Management Semiconductor Banking Business Intelligence Business Process Management Customer Relationship Management Integrated Circuits

QTEC: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Semiconductor Equipment & Materials Internet Content & Information Software - Infrastructure Information Technology Services Computer Hardware 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 Cloud Computing Fabless Semiconductor Companies Mobile Devices Electronics Power Management Cloud Infrastructure Electronic Design Operating System Semiconductor Device Fabrication Semiconductor Devices Cybersecurity Deep Learning