Education
About Us
Working with TipRanks
Follow Us
QQXT - ETF AI Analysis
Top Page
First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT)
Rating:72Outperform
Price Target:
$109.00
Positive Factors
Strong Sector Diversification
The ETF is spread across multiple sectors like Health Care, Consumer Cyclical, and Industrials, reducing reliance on any single industry.
Healthy Asset Growth
The fund has over $1 billion in assets under management, indicating strong investor interest and stability.
Steady Performance
The ETF has delivered positive year-to-date returns, showing resilience despite short-term fluctuations.
Negative Factors
High Geographic Concentration
With over 98% exposure to U.S. companies, the fund lacks global diversification and is sensitive to domestic market conditions.
Lagging Top Holding
Trade Desk, the largest holding, has underperformed significantly year-to-date, which may drag on overall returns.
Moderate Expense Ratio
The ETF charges a 0.6% expense ratio, which is higher than some low-cost alternatives and could impact long-term returns.
QQXT vs. SPDR S&P 500 ETF (SPY)
AUM1.08B
RegionNorth America
Expense Ratio0.60%
Beta0.74
IssuerFirst Trust
Inception DateFeb 08, 2007
Dividend Yield0.73%
Asset ClassEquity
Index TrackedNASDAQ-100 Ex-Tech Sector Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,934
30 Day Avg. Volume11,726
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
112.33Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering58
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQXT Summary
The First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) is an ETF that invests in large U.S. companies from the Nasdaq-100 Index, excluding the technology sector. This fund includes well-known companies like Monster Beverage and Vertex Pharmaceuticals, focusing on industries such as healthcare, consumer goods, and utilities. Investors might consider QQXT for diversification, especially if they want to reduce exposure to the volatility of tech stocks while still benefiting from the growth of major non-tech companies. However, a key risk to note is that the ETF’s performance can still fluctuate with the overall market, as it relies heavily on sectors like healthcare and consumer goods.
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
The QQXT ETF takes a refreshing approach by steering clear of the tech sector, focusing instead on industries like healthcare, consumer goods, and utilities. Recent performance has been a mixed bag, with Electronic Arts and Monster Beverage providing a boost thanks to steady growth and bullish momentum. On the flip side, Trade Desk and Vertex Pharmaceuticals have struggled to gain traction, dampening the fund’s overall performance. With its U.S.-centric portfolio and diverse sector exposure, QQXT offers a balanced alternative for investors seeking stability outside the tech-heavy Nasdaq-100.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Intuitive Surgical | 2.37% | $25.76M | $198.52B | 7.55% | 78 Outperform | |
| Warner Bros | 2.18% | $23.65M | $56.18B | 146.30% | 70 Outperform | |
| Electronic Arts | 2.08% | $22.55M | $50.03B | 26.36% | 68 Neutral | |
| American Electric Power | 2.05% | $22.29M | $65.00B | 29.68% | 72 Outperform | |
| AstraZeneca | 2.05% | $22.25M | $263.33B | 35.02% | 75 Outperform | |
| Amgen | 2.03% | $22.09M | $172.42B | 0.57% | 77 Outperform | |
| Ross Stores | 2.00% | $21.74M | $52.39B | 13.74% | 75 Outperform | |
| Xcel Energy | 2.00% | $21.69M | $47.86B | 17.12% | 70 Neutral | |
| Constellation Energy Corporation | 1.97% | $21.44M | $111.96B | 52.12% | 68 Neutral | |
| Regeneron | 1.97% | $21.44M | $69.11B | -20.70% | 79 Outperform |
QQXT Technical Analysis
Positive
―
Price Trends
98.37
Positive
98.61
Negative
96.82
Positive
Market Momentum
-0.30
Positive
50.44
Neutral
45.65
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 98.53, equal to the 50-day MA of 98.37, and equal to the 200-day MA of 96.82, indicating a neutral trend. The MACD of -0.30 indicates Positive momentum. The RSI at 50.44 is Neutral, neither overbought nor oversold. The STOCH value of 45.65 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
Performance Comparison
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund
98.40
2.04
2.12%
DUHP
Dimensional US High Profitability ETF
―
―
―
MGC
Vanguard Mega Cap ETF
―
―
―
PRF
Invesco FTSE RAFI US 1000 ETF
―
―
―
FTCS
First Trust Capital Strength ETF
―
―
―
QYLD
Global X NASDAQ 100 Covered Call 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: ―
Table of Contents