First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) — ()

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QTEC: Look Elsewhere For Tech-Heavy ETFs

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Sentiment: Neutral ()

QTEC is a passively managed tech ETF that has underperformed similar peers along with charging higher fees. The equally weighted ETF has also had a higher beta, leading to larger …

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About First Trust NASDAQ-100-Technology Sector Index Fund QTEC

The First Trust NASDAQ-100-Technology Sector Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible, before fees and expenses, the price and yield of the Nasdaq-100 Technology Sector™ Index.