QTEC vs. IQM ETF Comparison
Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to Franklin Intelligent Machines ETF (IQM)
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
$192.04
Average Daily Volume
122,999
42
IQM
Franklin Intelligent Machines ETF
IQM Description
The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$63.34
Average Daily Volume
2,668
45
Performance
| Period | QTEC | IQM |
|---|---|---|
| 30 Days | 3.22% | 2.98% |
| 60 Days | 2.72% | 6.13% |
| 90 Days | -2.74% | -0.02% |
| 12 Months | 32.77% | 43.47% |
18 Overlapping Holdings
| Symbol | Grade | Weight in QTEC | Weight in IQM | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 2.8% | 4.45% | 2.8% | |
| ADI | C | 2.57% | 1.81% | 1.81% | |
| ADSK | B | 2.83% | 1.81% | 1.81% | |
| AMAT | D | 2.12% | 2.82% | 2.12% | |
| AMD | C | 2.47% | 2.47% | 2.47% | |
| ANSS | D | 2.52% | 1.59% | 1.59% | |
| ASML | F | 2.03% | 4.09% | 2.03% | |
| AVGO | C | 2.57% | 2.25% | 2.25% | |
| CDNS | D | 2.24% | 3.93% | 2.24% | |
| CRWD | D | 1.85% | 0.77% | 0.77% | |
| KLAC | D | 2.4% | 1.63% | 1.63% | |
| LRCX | D | 1.91% | 1.34% | 1.34% | |
| MCHP | D | 2.19% | 0.38% | 0.38% | |
| NVDA | C | 2.37% | 12.05% | 2.37% | |
| NXPI | D | 2.24% | 0.86% | 0.86% | |
| ROP | C | 2.54% | 0.88% | 0.88% | |
| SNPS | F | 2.16% | 3.81% | 2.16% | |
| TXN | B | 2.7% | 0.73% | 0.73% |
QTEC Overweight 24 Positions Relative to IQM
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTNT | B | 3.28% | |
| MDB | D | 3.17% | |
| DASH | B | 3.07% | |
| WDAY | D | 2.87% | |
| META | B | 2.87% | |
| CTSH | B | 2.8% | |
| ON | D | 2.72% | |
| PANW | D | 2.65% | |
| MRVL | D | 2.65% | |
| INTU | D | 2.63% | |
| TEAM | D | 2.55% | |
| ADBE | F | 2.51% | |
| DDOG | D | 2.5% | |
| MSFT | C | 2.48% | |
| CDW | D | 2.46% | |
| ZS | F | 2.44% | |
| ARM | C | 2.23% | |
| QCOM | D | 2.08% | |
| GFS | F | 2.04% | |
| PDD | D | 1.77% | |
| INTC | D | 1.73% | |
| MU | D | 1.63% | |
| GOOGL | D | 1.15% | |
| GOOG | D | 1.15% |
QTEC Underweight 27 Positions Relative to IQM
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | C | -5.52% | |
| TSM | C | -4.12% | |
| AXON | B | -3.89% | |
| TSLA | C | -3.48% | |
| PWR | B | -2.57% | |
| TER | C | -1.89% | |
| APH | C | -1.64% | |
| ENTG | D | -1.41% | |
| ETN | C | -1.32% | |
| PTC | C | -1.29% | |
| IDXX | D | -1.26% | |
| ALTR | C | -1.16% | |
| UBER | C | -1.11% | |
| VMI | C | -1.07% | |
| KEYS | B | -0.82% | |
| TEL | D | -0.64% | |
| PRCT | C | -0.63% | |
| FSLR | C | -0.53% | |
| ZBRA | B | -0.53% | |
| VRT | C | -0.52% | |
| ALGN | D | -0.47% | |
| BSY | C | -0.43% | |
| TRMB | C | -0.42% | |
| PSTG | F | -0.37% | |
| HON | C | -0.36% | |
| MPWR | B | -0.29% | |
| SITM | B | -0.27% |
QTEC: Top Represented Industries & Keywords
IQM: Top Represented Industries & Keywords
Compare ETFs
