ATLASFirst Trust NASDAQ-100 Technology Sector Index Fund (QTEC): outlook, holdings and fees
First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.57% and the yield is 0.01%. The ten largest holdings are 25% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QTEC
| Last price | $292.42 (-0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $276.24 – $310.23 |
| Normal 1-day range (±1σ) | ±2.0% |
| Distribution yield | 0.01% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
QTEC fund facts
| Issuer | First Trust |
|---|---|
| Theme | Nasdaq 100 |
| Assets under management | $4.1B |
| Expense ratio | 0.57% |
| Number of holdings | 47 |
| Portfolio turnover | 35% |
| Inception | Apr 19, 2006 |
| Exchange | NASDAQ |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is an equal-weighted index composed of the securities comprising the NASDAQ-100 Index® that are classified as technology according to the Industry Classification Benchmark classification system.
QTEC top holdings
| Holding | Sector | Weight |
|---|---|---|
| Marvell Technology Group Ltd MRVL | Technology | 2.67% |
| Advanced Micro Devices Inc AMD | Technology | 2.78% |
| Meta Platforms Inc. META | Communication Services | 2.60% |
| Datadog Inc DDOG | Technology | 2.57% |
| Crowdstrike Holdings Inc CRWD | Technology | 2.46% |
| Intel Corporation INTC | Technology | 2.44% |
| MicroStrategy Incorporated MSTR | Technology | 2.45% |
| Synopsys Inc SNPS | Technology | 2.50% |
| Shopify Inc SHOP | Technology | 2.27% |
| Astera Labs, Inc. ALAB | Technology | 2.42% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QTEC sector breakdown
| Sector | Weight |
|---|---|
| Technology | 84.8% |
| Communication Services | 9.0% |
| Consumer Cyclicals | 4.1% |
| Industrials | 2.2% |
By region: North America 96.0%, Europe Developed 2.1%, Asia Emerging 2.0%.
QTEC returns and risk
| Year to date | +43.2% |
|---|---|
| 1 year | +41.0% |
| 3 years (annualised) | +29.8% |
| 5 years (annualised) | +16.4% |
| 10 years (annualised) | +22.0% |
| Volatility (3 years) | 26.1% |
| Sharpe ratio (3 years) | 1.04 |
Past returns do not guarantee future results.
QTEC: frequently asked questions
What does QTEC invest in?
First Trust NASDAQ-100 Technology Sector Index Fund invests in a portfolio of securities. Its largest holdings are Marvell Technology Group Ltd (2.7%), Advanced Micro Devices Inc (2.8%), Meta Platforms Inc. (2.6%), Datadog Inc (2.6%), Crowdstrike Holdings Inc (2.5%).
What is the QTEC expense ratio?
0.57% a year: about $57.00 for every $10,000 invested.
What is the QTEC dividend yield?
0.01%. ATLAS does not hold the exact distribution dates for ETFs.
Will QTEC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $276.24 to $310.23 from $292.42 today. It is a probability, not a prediction.
How has QTEC performed?
Year to date +43.2%, one year +41.0%, three years +29.8% a year, five years +16.4% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer