QTEC
- First Trust NASDAQ-100 Technology Sector Index FundKey Information
| Earliest date | 2008-01-02 |
| Exchange | NASDAQ |
| Instrument Type | ETF |
| MIC Code | XNMS |
| Country | United States |
ETF Information
| Fund Provider | First Trust |
| Index | NASDAQ-100 Technology Sector Index |
| Expense Ratio | 0.57% |
| Number Of Holdings | 43 |
| Inception Date | 2006-04-19 |
| Asset Class | Equity |
| Currency | USD |
| Listing | US-listed |
| Sector | Technology |
| Investment Style | Growth |
| Non-leveraged | Non-leveraged |
About QTEC
The First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) is an equity ETF that tracks the performance of the NASDAQ-100 Technology Sector Index, providing exposure to the U.S. technology sector. The fund holds a concentrated portfolio of 43 stocks, with a focus on large-cap companies. It is suitable for investors seeking tactical exposure to the technology sector, but may not be suitable for long-term, buy-and-hold portfolios due to its narrow focus and relatively high expense ratio.