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Upturn AI SWOT - About
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC)
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Upturn Advisory Summary
04/01/2025: QTEC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 6.23% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 257866 | Beta 1.35 | 52 Weeks Range 164.26 - 211.24 | Updated Date 04/2/2025 |
52 Weeks Range 164.26 - 211.24 | Updated Date 04/2/2025 |
Upturn AI SWOT
First Trust NASDAQ-100-Technology Sector Index Fund
ETF Overview
Overview
The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) seeks investment results that correspond generally to the price and yield of the NASDAQ-100 Technology Sector Index. It focuses on technology companies within the NASDAQ-100, providing targeted exposure to this sector through a passively managed approach.
Reputation and Reliability
First Trust is a well-established ETF provider known for its diverse range of investment products and generally reliable fund management.
Management Expertise
First Trust has a team of experienced professionals managing its ETF lineup, specializing in sector-specific and index-tracking strategies.
Investment Objective
Goal
To replicate the price and yield performance of the NASDAQ-100 Technology Sector Index.
Investment Approach and Strategy
Strategy: The fund employs a passive management strategy, tracking the NASDAQ-100 Technology Sector Index.
Composition The ETF primarily holds stocks of technology companies included in the NASDAQ-100 Index.
Market Position
Market Share: QTEC holds a significant, but not dominating, portion of the technology sector ETF market share.
Total Net Assets (AUM): 2420000000
Competitors
Key Competitors
- XLK
- VGT
- TECL
- IGV
Competitive Landscape
The technology ETF market is highly competitive, with several large players dominating the sector. QTEC competes with broader tech ETFs like XLK and VGT by offering a more concentrated exposure within the NASDAQ-100. While QTEC offers a focused approach, competitors provide diversification and potentially lower expense ratios or leveraged exposure.
Financial Performance
Historical Performance: Historical performance varies with market conditions. A numerical representation of the ETFu2019s returns would require specific time-series data.
Benchmark Comparison: QTEC's performance is closely tied to the NASDAQ-100 Technology Sector Index.
Expense Ratio: 0.46
Liquidity
Average Trading Volume
QTEC exhibits moderate liquidity, indicated by its average trading volume.
Bid-Ask Spread
QTEC's bid-ask spread is generally tight, reflecting good liquidity.
Market Dynamics
Market Environment Factors
The ETF's performance is sensitive to factors like tech sector growth, interest rates, innovation trends, and regulatory changes.
Growth Trajectory
QTEC's growth trajectory depends on the overall health and innovation within the technology sector.
Moat and Competitive Advantages
Competitive Edge
QTEC provides targeted exposure to technology companies within the NASDAQ-100, which distinguishes it from broader tech ETFs. This focused approach can appeal to investors seeking concentrated exposure to specific tech leaders. The fund's passive management style also contributes to its cost-effectiveness. However, QTEC is still subject to market volatility and risk associated with the technology sector. Overall, QTEC is a suitable option for investors who believe in the growth potential of the NASDAQ-100 technology sector.
Risk Analysis
Volatility
QTEC can exhibit higher volatility due to its concentrated exposure to the technology sector.
Market Risk
Market risk includes downturns in the technology sector, impacting QTEC's value.
Investor Profile
Ideal Investor Profile
Investors seeking targeted exposure to the technology sector within the NASDAQ-100 might find QTEC suitable.
Market Risk
QTEC may be appropriate for long-term investors with a specific outlook on the technology sector.
Summary
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is designed to mirror the performance of the NASDAQ-100 Technology Sector Index, providing concentrated exposure to leading tech companies. As a passively managed ETF, it offers a cost-effective way to invest in this specific segment of the market. Investors should note its higher volatility due to its concentration in the tech sector. It's suitable for those who have high confidence in tech sector performance and accept the associated market risks.
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SMH
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iShares Semiconductor ETF
SOXX
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TECL
Direxion Daily Technology Bull 3X Shares
TECL
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VGT
Vanguard Information Technology Index Fund ETF Shares
VGT
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XLK
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XLK
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Sources and Disclaimers
Data Sources:
- First Trust Website
- ETFdb.com
- Morningstar.com
- YCharts
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust NASDAQ-100-Technology Sector Index Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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