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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 cost advantage over competitors, priced within the second-lowest 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 38
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 31.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PDD Holdings Inc ADR

3.69
117,654,171
Consumer Cyclical

CrowdStrike Holdings Inc Class A

3.54
112,904,169
Technology

Zscaler Inc

3.14
99,925,884
Technology

Datadog Inc Class A

3.05
97,243,976
Technology

Palo Alto Networks Inc

3.03
96,610,695
Technology

Synopsys Inc

2.96
94,206,403
Technology

KLA Corp

2.94
93,720,933
Technology

Advanced Micro Devices Inc

2.93
93,161,378
Technology

Intel Corp

2.91
92,835,687
Technology

Cadence Design Systems Inc

2.87
91,452,265
Technology