First Trust NASDAQ-100 Technology Sector Index Fund (QTEC)
- Equity | Science & Technology Funds
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Best Fit Science & Technology Funds ETFs
U.S. News evaluated 38 Science & Technology Funds ETFs and 10 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Typical |
| Tracking Error | Good |
| Bid/Ask Ratio | Excellent |
| Holdings Diversity | Good |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | — | Expense Ratio | 0.60% |
| YTD Return | 13.4% | Avg. 30-Day Volume | 38,808 |
| 1-Year Return | 17.5% | Market Cap | Loading... |
| Bid | $29.27 | Shares Outstanding | 4,250,000 |
| Ask | $29.32 | Dividends | $0.25 |
| Top 10 Holdings | |
|---|---|
| Micron Technology Inc (MU) | 3.09% |
| Western Digital Corp (WDC) | 2.82% |
| Microsoft Corp (MSFT) | 2.73% |
| Seagate Technology Plc (STX) | 2.72% |
| Akamai Technologies Inc (AKAM) | 2.70% |
| Yahoo Inc (YHOO) | 2.63% |
| Applied Matls Inc (AMAT) | 2.60% |
| Intel Corp (INTC) | 2.57% |
| Nvidia Corp (NVDA) | 2.50% |
| Baidu Inc (BIDU) | 2.48% |
| % of Total Holdings | 26.80% |
