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Morningstar

First Trust NASDAQ-100-Tech Sector ETF QTEC

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis QTEC

Will QTEC outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QTEC’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QTEC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of QTEC’s parent organization’s priorities and whether they’re in line with investors’ interests.

First Trust NASDAQ-100-Tech Sector ETF's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings QTEC

More QTEC Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Micron Technology Inc

3.11 117.9 Mil
Technology

Datadog Inc Class A

2.71 102.6 Mil
Technology

Palo Alto Networks Inc

2.68 101.7 Mil
Technology

PDD Holdings Inc ADR

2.67 101.1 Mil
Consumer Cyclical

MongoDB Inc Class A

2.66 100.7 Mil
Technology

Atlassian Corp A

2.65 100.3 Mil
Technology

Meta Platforms Inc Class A

2.64 100.2 Mil
Communication Services

Broadcom Inc

2.61 98.8 Mil
Technology

Intuit Inc

2.60 98.6 Mil
Technology

Ansys Inc

2.56 97.2 Mil
Technology