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

$189.24

Average Daily Volume

115,012

Number of Holdings ^*

* 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

$146.18

Average Daily Volume

18,047

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	QTEC	FXL
30 Days	-1.71%	2.78%
60 Days	2.31%	9.04%
90 Days	-0.42%	8.67%
12 Months	20.49%	26.50%

29 Overlapping Holdings

Symbol	Grade	Weight in QTEC	Weight in FXL	Overlap
AAPL	C	2.22%	0.89%	0.89%
ADI	D	2.23%	0.28%	0.28%
ADSK	B	2.54%	0.64%	0.64%
AMAT	F	2.24%	0.87%	0.87%
AMD	F	2.13%	0.26%	0.26%
ANSS	B	2.47%	0.31%	0.31%
AVGO	C	2.39%	1.24%	1.24%
CDW	F	2.0%	0.26%	0.26%
CRWD	B	2.45%	0.34%	0.34%
CTSH	B	2.39%	1.59%	1.59%
DASH	B	2.71%	1.83%	1.83%
DDOG	B	2.51%	0.31%	0.31%
FTNT	A	2.42%	1.38%	1.38%
GFS	C	2.55%	1.67%	1.67%
GOOGL	B	1.23%	0.62%	0.62%
INTC	C	2.67%	1.3%	1.3%
KLAC	F	2.01%	0.26%	0.26%
MCHP	F	2.15%	0.53%	0.53%
META	C	2.34%	1.57%	1.57%
MSFT	D	2.17%	0.29%	0.29%
MU	D	2.77%	0.31%	0.31%
NVDA	B	2.85%	1.41%	1.41%
ON	F	2.3%	1.48%	1.48%
PANW	B	2.53%	1.05%	1.05%
QCOM	F	2.27%	0.92%	0.92%
ROP	C	2.28%	0.59%	0.59%
SMCI	F	1.24%	0.34%	0.34%
TXN	C	2.38%	0.62%	0.62%
WDAY	B	2.31%	0.3%	0.3%

QTEC Overweight 14 Positions Relative to FXL

Symbol	Grade	Weight
TEAM	A	3.19%
MRVL	B	2.83%
PDD	F	2.8%
ZS	B	2.53%
SNPS	C	2.52%
CDNS	B	2.45%
ARM	F	2.41%
MDB	C	2.35%
INTU	A	2.32%
LRCX	F	2.28%
NXPI	F	2.26%
ADBE	F	2.13%
ASML	F	1.89%
GOOG	B	1.23%

QTEC Underweight 73 Positions Relative to FXL

Symbol	Grade	Weight
APP	A	-3.39%
PLTR	A	-2.39%
TOST	A	-2.02%
VRT	A	-1.93%
PEGA	B	-1.81%
IPGP	D	-1.72%
HPE	B	-1.64%
GWRE	B	-1.62%
AVT	C	-1.59%
DXC	C	-1.59%
PAYC	B	-1.59%
SMAR	A	-1.54%
DOCU	A	-1.48%
SWKS	F	-1.38%
ARW	D	-1.38%
ZM	B	-1.36%
AMKR	F	-1.36%
JBL	C	-1.32%
GDDY	A	-1.32%
NOW	B	-1.31%
ORCL	A	-1.29%
TWLO	A	-1.29%
CNXC	F	-1.24%
TYL	B	-1.24%
DNB	B	-1.24%
SNX	D	-1.22%
DOX	D	-1.22%
HPQ	B	-1.19%
MANH	D	-1.17%
DT	C	-1.15%
RNG	B	-1.1%
NTNX	A	-1.09%
EPAM	B	-1.07%
S	B	-1.05%
DELL	C	-1.04%
AKAM	F	-1.03%
CACI	C	-1.03%
SAIC	D	-1.0%
FFIV	B	-1.0%
IT	B	-0.99%
CRUS	F	-0.97%
DBX	C	-0.97%
MPWR	F	-0.96%
MSTR	B	-0.93%
NTAP	D	-0.92%
HCP	B	-0.92%
SSNC	D	-0.92%
DLB	D	-0.9%
DAY	B	-0.77%
MTCH	F	-0.74%
GLOB	C	-0.68%
CRM	A	-0.68%
DV	C	-0.67%
APH	B	-0.66%
KBR	D	-0.64%
LSCC	D	-0.6%
IAC	D	-0.58%
VRSN	D	-0.56%
IBM	D	-0.56%
U	F	-0.53%
OLED	F	-0.5%
ONTO	F	-0.49%
TER	F	-0.48%
KD	A	-0.35%
PYCR	C	-0.35%
GTLB	B	-0.34%
NET	C	-0.33%
PSTG	F	-0.31%
GEN	B	-0.31%
GLW	B	-0.31%
INFA	F	-0.29%
APPF	C	-0.28%
ALGM	F	-0.27%

FXL: Top Represented Industries & Keywords

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