QTEC vs. FXL ETF Comparison

Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to First Trust Technology AlphaDEX (FXL)

QTEC

First Trust NASDAQ-100- Technology Index Fund

QTEC 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.

Grade (RS Rating)

Last Trade

$204.16

Average Daily Volume

74,037

Number of Holdings ^*

42

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL 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 StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$138.07

Average Daily Volume

23,182

Number of Holdings ^*

94

* may have additional holdings in another (foreign) market

Performance

Period	QTEC	FXL
30 Days	7.48%	4.27%
60 Days	10.31%	5.69%
90 Days	8.20%	3.46%
12 Months	41.59%	22.63%

31 Overlapping Holdings

	Symbol	Grade	Weight in QTEC	Weight in FXL	Overlap
	ADI	B	2.41%	0.8%	0.8%
	ADSK	B	2.46%	0.31%	0.31%
	AMAT	B	2.41%	1.57%	1.57%
	AMD	B	2.39%	0.92%	0.92%
	AVGO	B	2.35%	1.67%	1.67%
	CDNS	B	2.38%	1.03%	1.03%
	CDW	D	2.32%	0.61%	0.61%
	CRWD	B	2.45%	2.1%	2.1%
	CTSH	C	2.45%	1.61%	1.61%
	DASH	C	2.39%	1.4%	1.4%
	DDOG	B	2.57%	1.09%	1.09%
	FTNT	C	2.43%	0.29%	0.29%
	GFS	C	2.44%	1.69%	1.69%
	GOOGL	A	1.25%	0.86%	0.86%
	INTC	C	2.41%	0.48%	0.48%
	INTU	A	2.47%	0.7%	0.7%
	KLAC	B	2.44%	1.22%	1.22%
	LRCX	B	2.46%	1.13%	1.13%
	MCHP	C	2.41%	1.04%	1.04%
	MDB	D	2.59%	0.23%	0.23%
	META	A	2.54%	1.86%	1.86%
	MSFT	A	2.46%	1.12%	1.12%
	NVDA	B	2.45%	2.39%	2.39%
	ON	C	2.44%	1.61%	1.61%
	PANW	B	2.49%	0.4%	0.4%
	QCOM	B	2.27%	0.8%	0.8%
	ROP	B	2.43%	0.33%	0.33%
	SNPS	B	2.42%	1.09%	1.09%
	TXN	B	2.42%	0.77%	0.77%
	WDAY	D	2.42%	0.27%	0.27%
	ZS	B	2.44%	0.32%	0.32%

QTEC Overweight 11 Positions Relative to FXL

	Symbol	Grade	Weight
	TEAM	C	2.59%
	ARM	A	2.52%
	AAPL	A	2.52%
	MU	C	2.5%
	ADBE	B	2.43%
	ANSS	C	2.42%
	NXPI	B	2.42%
	ASML	A	2.4%
	PDD	D	2.35%
	MRVL	C	2.33%
	GOOG	A	1.26%

QTEC Underweight 63 Positions Relative to FXL

	Symbol	Grade	Weight
	PSTG	B	-2.18%
	APP	B	-2.09%
	HPE	C	-2.07%
	VRT	C	-1.85%
	TOST	B	-1.8%
	AVT	D	-1.79%
	NTAP	A	-1.71%
	SWKS	C	-1.7%
	GDDY	A	-1.65%
	CNXC	C	-1.65%
	ARW	D	-1.62%
	IPGP	D	-1.6%
	NTNX	C	-1.59%
	IAC	F	-1.53%
	PLTR	A	-1.53%
	CRUS	A	-1.43%
	SNX	D	-1.42%
	NOW	A	-1.41%
	MANH	B	-1.4%
	ENTG	B	-1.33%
	PEGA	D	-1.29%
	DNB	F	-1.26%
	SAIC	D	-1.25%
	DXC	C	-1.24%
	INFA	B	-1.23%
	DOX	D	-1.21%
	CACI	B	-1.2%
	HPQ	C	-1.2%
	NET	B	-1.18%
	ORCL	A	-1.17%
	CRM	C	-1.17%
	PCOR	C	-1.09%
	SSNC	B	-1.01%
	PTC	B	-1.0%
	HUBS	C	-0.98%
	IT	B	-0.97%
	FFIV	C	-0.94%
	OKTA	C	-0.92%
	AKAM	F	-0.86%
	GLW	B	-0.82%
	APH	B	-0.81%
	KBR	D	-0.7%
	CFLT	C	-0.68%
	DBX	D	-0.64%
	S	C	-0.62%
	ZM	F	-0.62%
	GTLB	C	-0.59%
	NCNO	B	-0.58%
	MTCH	F	-0.58%
	RNG	F	-0.56%
	JBL	F	-0.56%
	TER	A	-0.43%
	PINS	B	-0.42%
	OLED	A	-0.41%
	HCP	A	-0.41%
	MPWR	B	-0.4%
	ESTC	B	-0.38%
	VRSN	C	-0.31%
	DLB	D	-0.31%
	IBM	B	-0.3%
	DOCU	C	-0.29%
	DV	D	-0.18%
	PATH	D	-0.18%

QTEC: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Semiconductor Equipment & Materials Internet Content & Information Software - Infrastructure Information Technology Services Consumer Electronics Diversified Industrials Internet Content & Information Semiconductor Memory Specialty Retail

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Work From Home Smartphones Software Fabless Semiconductor Companies Mobile Devices Cloud Computing Electronics Power Management Cloud Infrastructure Electronic Design Operating System Semiconductor Device Fabrication Semiconductor Devices Cybersecurity Deep Learning

FXL: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Systems Conglomerates Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction Internet Content & Information Media - Diversified

Keywords: S&P 500 Computing Nasdaq 100 Semiconductor Cloud Computing Integrated Circuits Work From Home Cloud Infrastructure Electronics Software As A Service Mobile Devices Operating System Smartphones Software CRM Information And Communications Technology Information Technology Management Systems Integrator Artificial Intelligence Business Intelligence