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First Trust Nasdaq-100 Ex-Technology Sector Index Fund
ETF
QQXT
Payout Change
Pending
Price as of:
$86.3869
-0.91
-1.04%
primary theme
U.S. Large-Cap Growth Equity
QQXT (ETF)
First Trust Nasdaq-100 Ex-Technology Sector Index Fund
Payout Change
Pending
Price as of:
$86.3869
-0.91
-1.04%
primary theme
U.S. Large-Cap Growth Equity
QQXT (ETF)
First Trust Nasdaq-100 Ex-Technology Sector Index Fund
Payout Change
Pending
Price as of:
$86.3869
-0.91
-1.04%
primary theme
U.S. Large-Cap Growth Equity
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-1.7%
1 yr return
6.6%
3 Yr Avg Return
1.8%
5 Yr Avg Return
10.8%
Net Assets
$150 M
Holdings in Top 10
17.8%
52 WEEK LOW AND HIGH
$87.3
$75.78
$91.07
Expenses
OPERATING FEES
Expense Ratio 0.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
QQXT - Profile
Distributions
- YTD Total Return -1.7%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.40%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust Nasdaq-100 Ex-Technology Sector Index Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateFeb 08, 2007
-
Shares Outstanding1500002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lindquist
Fund Description
The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by Nasdaq, Inc. (the “Index Provider”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity.The Index is an equal-weighted index composed of the securities comprising the Nasdaq-100 Index® that are not classified as “technology” according to the Industry Classification Benchmark (“ICB”) classification system. The Nasdaq-100 Index®includes 100 of the largest U.S. and international non-financial companies listed on Nasdaq based on market capitalization. According to the Index Provider, in order to be eligible for inclusion in the Index, a security must meet the following criteria: (i) the issuer of the security’s primary U.S. listing must be exclusively listed on Nasdaq (unless the security was dually listed on another U.S. market prior to January 1, 2004 and has continuously maintained such listing); (ii) the security must be issued by a non-financial company; (iii) the security must have an average daily trading volume of at least 200,000 shares over the previous three months; and (iv) if the issuer of the security is organized under the laws of a jurisdiction outside the United States, then such security selected for inclusion in the Index must have listed options on a recognized options market in the United States or be eligible for listed-options trading on a recognized options market in the United States. According to the Index Provider, in addition to the criteria set forth above, the issuer of a security must meet the size requirements of the Index. Index composition changes during scheduled reconstitutions are subject to certain buffers designed to limitturnover. The Index may contain securities, common stocks and depositary receipts issued by mid and large capitalization companies.The Index is rebalanced quarterly and reconstituted annually and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 31, 2023, the Index was composed of 64 securities and the Fund had significant investments in consumer discretionary companies and health care companies, although this may change from time to time. In order to gain exposure to certain Chinese companies that are included in the Index but are unavailable to direct investment by foreign investors, the Fund invests significantly in non-Chinese shell companies that have created structures known as variable interest entities (“VIEs”) in order to gain exposure to such Chinese companies. The Fund’s investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 31, 2023. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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QQXT - Performance
Return Ranking - Trailing
| Period | QQXT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.7% | -12.5% | 23.0% | 99.15% |
| 1 Yr | 6.6% | -20.7% | 64.4% | 99.31% |
| 3 Yr | 1.8%* | -30.4% | 36.3% | 81.37% |
| 5 Yr | 10.8%* | -16.0% | 29.2% | 86.38% |
| 10 Yr | 10.4%* | -5.3% | 19.2% | 88.01% |
* Annualized
Return Ranking - Calendar
| Period | QQXT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.5% | -74.1% | 72.4% | 92.26% |
| 2022 | -13.9% | -85.9% | 4.7% | 1.22% |
| 2021 | 11.6% | -52.4% | 60.5% | 36.73% |
| 2020 | 36.4% | -34.3% | 145.0% | 21.54% |
| 2019 | 27.6% | -21.8% | 49.4% | 34.74% |
Total Return Ranking - Trailing
| Period | QQXT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.7% | -12.5% | 23.0% | 99.15% |
| 1 Yr | 6.6% | -20.7% | 64.4% | 99.31% |
| 3 Yr | 1.8%* | -30.4% | 36.3% | 81.37% |
| 5 Yr | 10.8%* | -16.0% | 29.2% | 86.38% |
| 10 Yr | 10.4%* | -5.3% | 19.2% | 88.01% |
* Annualized
Total Return Ranking - Calendar
| Period | QQXT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.8% | -4.6% | 72.4% | 96.56% |
| 2022 | -13.1% | -61.7% | 5.6% | 1.84% |
| 2021 | 12.0% | -39.8% | 118.1% | 85.13% |
| 2020 | 36.8% | 2.8% | 149.2% | 42.44% |
| 2019 | 28.0% | -5.2% | 49.4% | 88.64% |
QQXT - Holdings
Concentration Analysis
| QQXT | Category Low | Category High | QQXT % Rank | |
|---|---|---|---|---|
| Net Assets | 150 M | 242 K | 269 B | 82.93% |
| Number of Holdings | 61 | 1 | 3217 | 50.55% |
| Net Assets in Top 10 | 31.4 M | 104 K | 111 B | 90.72% |
| Weighting of Top 10 | 17.79% | 0.7% | 205.0% | 99.24% |
Top 10 Holdings
- Moderna Inc 1.92%
- Illumina Inc 1.83%
- Dollar Tree Inc 1.81%
- Cintas Corp 1.80%
- Monster Beverage Corp 1.75%
- Amgen Inc 1.74%
- Biogen Inc 1.74%
- AstraZeneca PLC 1.74%
- Lululemon Athletica Inc 1.73%
- Intuitive Surgical Inc 1.73%
Asset Allocation
| Weighting | Return Low | Return High | QQXT % Rank | |
|---|---|---|---|---|
| Stocks | 99.86% | 0.00% | 130.05% | 9.87% |
| Cash | 1.76% | -1.50% | 173.52% | 35.61% |
| Preferred Stocks | 0.00% | 0.00% | 7.84% | 52.83% |
| Other | 0.00% | -43.49% | 50.04% | 56.12% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 45.48% |
| Bonds | 0.00% | 0.00% | 104.15% | 47.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | QQXT % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 23.73% | 0.00% | 62.57% | 8.28% |
| Healthcare | 22.24% | 0.00% | 39.76% | 4.23% |
| Industrials | 15.09% | 0.00% | 30.65% | 4.40% |
| Communication Services | 13.71% | 0.00% | 66.40% | 16.48% |
| Consumer Defense | 12.47% | 0.00% | 25.50% | 2.20% |
| Utilities | 8.23% | 0.00% | 16.07% | 0.85% |
| Technology | 3.23% | 0.00% | 65.70% | 99.66% |
| Financial Services | 1.29% | 0.00% | 43.06% | 96.79% |
| Real Estate | 0.00% | 0.00% | 16.05% | 82.08% |
| Energy | 0.00% | 0.00% | 41.09% | 74.13% |
| Basic Materials | 0.00% | 0.00% | 18.91% | 85.12% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | QQXT % Rank | |
|---|---|---|---|---|
| US | 99.86% | 0.00% | 130.05% | 8.35% |
| Non US | 0.00% | 0.00% | 78.10% | 62.95% |
QQXT - Expenses
Operational Fees
| QQXT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.63% | 0.01% | 19.54% | 81.39% |
| Management Fee | 0.40% | 0.00% | 1.50% | 14.41% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.99% |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| QQXT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| QQXT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| QQXT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 316.74% | 51.41% |
QQXT - Distributions
Dividend Yield Analysis
| QQXT | Category Low | Category High | QQXT % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.87% | 0.00% | 27.74% | 22.49% |
Dividend Distribution Analysis
| QQXT | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Annual | Annually |
Net Income Ratio Analysis
| QQXT | Category Low | Category High | QQXT % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.40% | -6.13% | 3.48% | 8.64% |
Capital Gain Distribution Analysis
| QQXT | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 28, 2024 | $0.289 | OrdinaryDividend |
| Dec 29, 2023 | $0.405 | OrdinaryDividend |
| Sep 29, 2023 | $0.187 | OrdinaryDividend |
| Jun 30, 2023 | $0.159 | OrdinaryDividend |
| Mar 31, 2023 | $0.217 | OrdinaryDividend |
| Dec 30, 2022 | $0.186 | OrdinaryDividend |
| Sep 30, 2022 | $0.144 | OrdinaryDividend |
| Jun 30, 2022 | $0.125 | OrdinaryDividend |
| Mar 31, 2022 | $0.244 | OrdinaryDividend |
| Dec 31, 2021 | $0.084 | OrdinaryDividend |
| Sep 30, 2021 | $0.053 | OrdinaryDividend |
| Jun 30, 2021 | $0.073 | OrdinaryDividend |
| Mar 31, 2021 | $0.098 | OrdinaryDividend |
| Dec 31, 2020 | $0.083 | OrdinaryDividend |
| Sep 30, 2020 | $0.038 | OrdinaryDividend |
| Jun 30, 2020 | $0.048 | OrdinaryDividend |
| Mar 31, 2020 | $0.053 | OrdinaryDividend |
| Dec 31, 2019 | $0.060 | OrdinaryDividend |
| Sep 30, 2019 | $0.064 | OrdinaryDividend |
| Jun 28, 2019 | $0.046 | OrdinaryDividend |
| Mar 29, 2019 | $0.031 | OrdinaryDividend |
| Dec 31, 2018 | $0.084 | OrdinaryDividend |
| Sep 28, 2018 | $0.011 | OrdinaryDividend |
| Jun 29, 2018 | $0.065 | OrdinaryDividend |
| Mar 29, 2018 | $0.012 | OrdinaryDividend |
| Dec 29, 2017 | $0.045 | OrdinaryDividend |
| Sep 29, 2017 | $0.016 | OrdinaryDividend |
| Jun 30, 2017 | $0.074 | OrdinaryDividend |
| Mar 31, 2017 | $0.022 | OrdinaryDividend |
| Dec 30, 2016 | $0.048 | OrdinaryDividend |
| Sep 30, 2016 | $0.013 | OrdinaryDividend |
| Jun 30, 2016 | $0.042 | OrdinaryDividend |
| Mar 31, 2016 | $0.023 | OrdinaryDividend |
| Dec 31, 2015 | $0.067 | OrdinaryDividend |
| Sep 30, 2015 | $0.019 | OrdinaryDividend |
| Jun 30, 2015 | $0.046 | OrdinaryDividend |
| Mar 31, 2015 | $0.032 | OrdinaryDividend |
| Dec 31, 2014 | $0.034 | OrdinaryDividend |
| Jun 30, 2014 | $0.035 | OrdinaryDividend |
| Mar 31, 2014 | $0.266 | OrdinaryDividend |
| Dec 31, 2013 | $0.048 | OrdinaryDividend |
| Sep 30, 2013 | $0.010 | OrdinaryDividend |
| Jun 28, 2013 | $0.037 | OrdinaryDividend |
| Dec 31, 2012 | $0.163 | OrdinaryDividend |
| Sep 28, 2012 | $0.122 | OrdinaryDividend |
| Jun 29, 2012 | $0.046 | OrdinaryDividend |
| Dec 30, 2011 | $0.041 | OrdinaryDividend |
| Jun 30, 2011 | $0.035 | OrdinaryDividend |
| Dec 30, 2010 | $0.112 | OrdinaryDividend |
| Jun 30, 2010 | $0.045 | OrdinaryDividend |
| Dec 31, 2009 | $0.052 | OrdinaryDividend |
| Jun 30, 2008 | $0.013 | OrdinaryDividend |
QQXT - Fund Manager Analysis
Managers
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Feb 08, 2007
15.32
15.3%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Jon Erickson
Start Date
Tenure
Tenure Rank
Feb 08, 2007
15.32
15.3%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
Feb 08, 2007
15.32
15.3%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Roger Testin
Start Date
Tenure
Tenure Rank
Feb 08, 2007
15.32
15.3%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Feb 08, 2007
15.32
15.3%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.2 | 2.92 |
