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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 27.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Micron Technology Inc

3.28 128.4 Mil
Technology

Broadcom Inc

2.71 106.3 Mil
Technology

Atlassian Corp A

2.65 103.8 Mil
Technology

DoorDash Inc Ordinary Shares - Class A

2.64 103.6 Mil
Communication Services

Datadog Inc Class A

2.64 103.5 Mil
Technology

Meta Platforms Inc Class A

2.64 103.4 Mil
Communication Services

Lam Research Corp

2.62 102.8 Mil
Technology

Marvell Technology Inc

2.62 102.6 Mil
Technology

Applied Materials Inc

2.61 102.3 Mil
Technology

Cadence Design Systems Inc

2.56 100.2 Mil
Technology