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First Trust NASDAQ-100-Technology Sector Index Fund (QTEC)
Investment Objective/Strategy - The First Trust NASDAQ-100-Technology Sector Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible, before fees and expenses, the price and yield of the Nasdaq-100 Technology Sector IndexSM.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Index consists of companies in the NASDAQ-100 Index classified as Technology according to Industry Classification Benchmark (ICB).
  • The Index is reconstituted once a year based on the NASDAQ-100 reconstitution in December, but replacements may be made during the year if there is a replacement in the NASDAQ-100 Index.
  • The Index is an equal weighted index and is rebalanced four times annually in March, June, September and December.
Fund Overview
TickerQTEC
Fund TypeTechnology
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP337345102
ISINUS3373451026
Intraday NAVQTECIV
Fiscal Year-End12/31
ExchangeNasdaq
Inception4/19/2006
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.56%
Net Expense Ratio*0.56%
* As of 5/2/2022
Expenses are capped contractually at 0.60% per year, at least through April 30, 2023. Please see the Fees and Expenses of the Fund section in the fund’s prospectus for more details.
Current Fund Data (as of 6/24/2022)
Closing NAV1$122.81
Closing Market Price2$122.72
Bid/Ask Midpoint$122.80
Bid/Ask Discount0.01%
30-Day Median Bid/Ask Spread30.05%
Total Net Assets$1,731,607,642
Outstanding Shares14,100,002
Daily Volume120,467
Average 30-Day Daily Volume127,886
Closing Market Price 52-Week High/Low$180.36 / $110.94
Closing NAV 52-Week High/Low$180.45 / $110.92
Number of Holdings (excluding cash)42
Top Holdings (as of 6/24/2022)*
Holding Percent
Datadog, Inc. (Class A) 2.80%
Okta, Inc. 2.76%
Zscaler, Inc. 2.67%
Atlassian Corporation Plc (Class A) 2.62%
Autodesk, Inc. 2.55%
CrowdStrike Holdings, Inc. (Class A) 2.53%
DocuSign, Inc. 2.53%
Match Group Inc. 2.53%
Intuit Inc. 2.52%
ANSYS, Inc. 2.47%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Overall Morningstar RatingTM (as of 5/31/2022)4

Among 213 funds in the Technology category. This fund was rated 4 stars/213 funds (3 years), 3 stars/187 funds (5 years), 4 stars/155 funds (10 years) based on risk adjusted returns.
Distribution Information
Dividend per Share Amt (as of 6/26/2022)5$0.0240
30-Day SEC Yield (as of 5/31/2022)60.13%
Unsubsidized 30-Day SEC Yield (as of 5/31/2022)70.13%
12-Month Distribution Rate (as of 5/31/2022)80.03%
Index Yield (as of 5/31/2022)90.66%
Fund Characteristics (as of 5/31/2022)11
Maximum Market Cap.$2,409,002
Median Market Cap.$49,959
Minimum Market Cap.$13,099
Price/Earnings23.56
Price/Book5.84
Price/Cash Flow19.17
Price/Sales6.22
Bid/Ask Premium/Discount (as of 6/24/2022)