First Trust NASDAQ-100-Technology Sector Index Fund

Frequently Asked Questions About QTEC

What does QTEC invest in?

The First Trust NASDAQ-100-Technology Sector Index Fund is an exchange-traded fund (ETF) that follows a specific market index. Its main purpose is to mirror as precisely as possible the financial outcomes, both in terms of asset value changes and income generated, of the Nasdaq-100 Technology Sector Index, prior to accounting for any associated expenses or fees.

What is the expense ratio of QTEC?

First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QTEC?

First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) manages $4.67B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QTEC actively managed or an index fund?

QTEC is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QTEC's is 0.55%) because there's no security selection cost.

When was QTEC launched?

First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) launched in April 2006 and is managed by First Trust.

How has QTEC performed?

QTEC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.