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QQXT - ETF AI Analysis

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QQXT

First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT)

Rating:71Outperform
Price Target:
QQXT has an overall rating that suggests it is a solid, but not flawless, fund, supported by several high-quality non-technology holdings. Strong contributors like Monster Beverage, Cintas, Amgen, and Paychex boost the fund’s appeal with solid financial performance, positive earnings commentary, and generally supportive technical trends. However, weaker spots such as Axon, where bearish momentum and high valuation are concerns, and some holdings with leverage or valuation risks, slightly weigh on the rating, while the fund’s focus outside the tech sector may limit exposure to some of the market’s fastest-growing names.
Positive Factors
Balanced Sector Mix
The fund spreads its investments across many different sectors, which helps reduce the impact if any one industry struggles.
Strong Performance From Several Top Holdings
Companies like Cintas, Coca-Cola Europacific Partners, Paccar, CSX, Amgen, and others have shown strong gains, supporting the ETF’s overall results.
Focused But Some International Exposure
While the ETF is mostly invested in U.S. stocks, it includes a small amount of exposure to the UK and Spain, adding a bit of global diversification.
Negative Factors
Moderate Expense Ratio
The fund’s fees are not extremely high but are meaningfully above what many low-cost index ETFs charge, which can slightly reduce long-term returns.
Mixed Recent Performance
The ETF’s returns over the year to date and the last three months have been weak, suggesting it has struggled in the recent market environment.
Several Lagging Top Holdings
Key positions such as PayPal, Paychex, Axon Enterprise, Automatic Data Processing, and Regeneron have shown weak performance, which can drag on the fund.

QQXT vs. SPDR S&P 500 ETF (SPY)

QQXT Summary

QQXT is an ETF that follows the NASDAQ-100 Ex-Tech Sector Index, meaning it invests in many of the big companies in the Nasdaq-100 but leaves out most technology stocks. It holds well-known names like PayPal and Amgen, and spreads your money across areas such as healthcare, consumer goods, and industrials. Someone might invest in QQXT to get growth potential from large, established companies while not being overly tied to the ups and downs of the tech sector. A key risk is that the fund can still rise or fall with the overall stock market.
How much will it cost me?The ETF QQXT has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average because it is actively managed, which typically involves more research and trading compared to passively managed funds that track an index.
What would affect this ETF?The ETF QQXT, which excludes the technology sector, could benefit from stable growth in sectors like healthcare and consumer goods, especially if economic conditions favor defensive industries. However, it may face challenges if interest rates rise, as this could negatively impact sectors like utilities and financials, or if consumer spending slows, affecting consumer cyclical stocks. Its U.S. focus also makes it sensitive to domestic economic and regulatory changes.

QQXT Top 10 Holdings

QQXT’s story is all about non-tech heavyweights doing the lifting. Consumer names like Monster Beverage and Keurig Dr Pepper are bubbling higher, giving the fund a solid boost, while Coca-Cola Europacific Partners adds a steadier, defensive fizz. Travel plays Airbnb and Booking Holdings are more of a mixed bag, with Airbnb rising but Booking still losing steam. Industrial player Paccar and healthcare standout Vertex are quietly pulling their weight. Overall, the ETF leans toward U.S. consumer, healthcare, and industrial giants, with only a light touch of traditional tech.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
PayPal Holdings2.34%$3.53M$48.97B-28.04%
76
Outperform
Cintas2.22%$3.35M$80.56B-8.81%
79
Outperform
Paccar2.21%$3.34M$69.00B28.91%
74
Outperform
CSX2.18%$3.29M$92.78B50.88%
78
Outperform
Coca-Cola Europacific Partners2.13%$3.23M£35.23B3.44%
74
Outperform
Paychex2.13%$3.22M$39.39B-24.41%
77
Outperform
Amgen2.06%$3.11M$197.56B20.40%
77
Outperform
Axon Enterprise2.05%$3.09M$39.62B-30.65%
58
Neutral
Automatic Data Processing2.04%$3.09M$97.18B-20.69%
70
Outperform
Diamondback2.00%$3.03M$57.11B41.42%
81
Outperform

QQXT Technical Analysis

Technical Analysis Sentiment
Negative
Last Price
Price Trends
50DMA
98.00
Negative
100DMA
98.40
Negative
200DMA
98.66
Negative
Market Momentum
MACD
0.11
Positive
RSI
43.92
Neutral
STOCH
9.31
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQXT, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 98.68, equal to the 50-day MA of 98.00, and equal to the 200-day MA of 98.66, indicating a bearish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 43.92 is Neutral, neither overbought nor oversold. The STOCH value of 9.31 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QQXT.

QQXT Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$152.32M0.57%
71
Outperform
$992.73M0.10%
75
Outperform
$972.43M0.18%
73
Outperform
$951.49M0.98%
69
Neutral
$934.71M0.75%
71
Outperform
$905.16M0.15%
74
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund
97.50
-1.95
-1.96%
EFIV
SPDR S&P 500 ESG ETF
DSPY
Tema S&P 500 Historical Weight ETF Strategy
OMAH
VistaShares Target 15 Berkshire Select Income ETF
FTQI
First Trust Hedged BuyWrite Income ETF
CVLC
Calvert US Large-Cap Core Responsible Index ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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