QQXT - ETF AI Analysis

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

Rating:71Outperform

Price Target:―

QQXT’s rating suggests it is a solid, but not flawless, fund built around strong non-technology names. High-quality holdings like Monster Beverage, Dexcom, Gilead Sciences, and Honeywell support the fund with robust financial performance, positive earnings outlooks, and generally favorable long-term prospects. However, weaker spots such as Starbucks and O’Reilly Auto, where high leverage, valuation concerns, and bearish technical signals appear, slightly weigh on the overall rating, and investors should note that the fund’s performance is still tied to the broader non-technology sectors it tracks.

Positive Factors

Strong Top Holdings

Many of the largest positions, such as Baker Hughes, Costco, and Honeywell, have shown strong year-to-date gains, helping support the fund’s overall performance.

Broad Sector Diversification

The ETF spreads its investments across many sectors like industrials, health care, consumer cyclical, and defensive areas, which can help reduce the impact of weakness in any single industry.

Focused but Not Dominated by Technology

With only a small slice in technology and more weight in other sectors, the fund offers exposure to the Nasdaq-100 universe without being heavily tied to tech stock swings.

Negative Factors

High U.S. Concentration

The fund is invested mostly in U.S. companies, giving investors limited diversification across international markets.

Relatively High Expense Ratio

The ETF’s expense ratio is on the higher side for an index-based fund, which can eat into long-term returns compared with lower-cost alternatives.

Recent Short-Term Weakness

The ETF has shown weak performance over the past month and three months, which may signal near-term volatility or softness in its underlying holdings.

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

AUM201.48M

RegionNorth America

Expense Ratio0.60%

Beta0.73

IssuerFirst Trust

Inception DateFeb 08, 2007

Dividend Yield1.18%

Asset ClassEquity

Index TrackedNASDAQ-100 Ex-Tech Sector Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume10,399

30 Day Avg. Volume148,747

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

115.91

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering57

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

QQXT Summary

QQXT is an ETF that tracks the NASDAQ-100 Ex-Tech Sector Index, meaning it invests in many of the largest Nasdaq companies but mostly leaves out traditional technology stocks. Instead, it focuses on areas like industrials, healthcare, consumer companies, and utilities. Well-known holdings include Costco and Starbucks. Someone might consider investing in QQXT if they want large, well-known U.S. companies and diversification away from tech-heavy funds, while still aiming for long-term growth. A key risk is that it can still rise or fall significantly with the overall stock market and with the non-tech sectors it focuses on.

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 U.S. large caps outside the usual tech darlings, with industrials, consumer names, and healthcare in the driver’s seat. Recently, Baker Hughes and Costco have been rising and doing much of the heavy lifting, while Old Dominion Freight, Paccar, and Honeywell add steady industrial muscle. On the consumer side, Starbucks and Monster Beverage are contributing with generally upbeat trends, even if Starbucks looks a bit stretched. O’Reilly Auto and Copart have been more mixed, occasionally tapping the brakes on overall performance.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
BKR	Baker Hughes Company	2.41%	$4.88M	$60.53B	32.72%	76 Outperform
GILD	Gilead Sciences	2.20%	$4.46M	$193.30B	47.04%	78 Outperform
ODFL	Old Dominion Freight	2.17%	$4.40M	$40.66B	-5.78%	71 Outperform
HON	Honeywell International	2.14%	$4.34M	$154.09B	18.23%	77 Outperform
CHTR	Charter Communications	2.07%	$4.18M	$34.26B	-33.18%	69 Neutral
PCAR	Paccar	2.04%	$4.13M	$68.00B	23.01%	74 Outperform
MAR	Marriott International	2.03%	$4.12M	$95.06B	24.46%	62 Neutral
CMCSA	Comcast	2.02%	$4.10M	$116.86B	-8.20%	74 Outperform
COST	Costco	2.01%	$4.07M	$434.17B	-9.17%	72 Outperform
PEP	PepsiCo	2.01%	$4.06M	$231.17B	16.99%	78 Outperform

QQXT Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

100.04

Positive

100DMA

98.88

Positive

200DMA

98.03

Positive

Market Momentum

MACD

0.18

Positive

RSI

56.28

Neutral

STOCH

76.66

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQXT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 100.59, equal to the 50-day MA of 100.04, and equal to the 200-day MA of 98.03, indicating a bullish trend. The MACD of 0.18 indicates Positive momentum. The RSI at 56.28 is Neutral, neither overbought nor oversold. The STOCH value of 76.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQXT.

QQXT Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QQXT	―	―	$201.48M	0.60%	―
VOTE	―	―	$954.95M	0.05%	―
QQQJ	―	―	$899.36M	0.15%	―
NBCR	―	―	$893.63M	0.29%	―
ONEY	―	―	$854.27M	0.20%	―
MODL	―	―	$816.62M	0.46%	―

Performance Comparison

QQXT

First Trust Nasdaq-100 Ex-Technology Sector Index Fund

101.17

3.07

3.13%

VOTE

Engine No. 1 Transform 500 ETF

―

QQQJ

Invesco NASDAQ Next Gen 100 ETF

―

NBCR

Neuberger Berman Core Equity ETF

―

ONEY

SPDR Russell 1000 Yield Focus ETF

―

MODL

VictoryShares WestEnd U.S. Sector 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.

Disclaimer

This 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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