First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.83: the stock has moved about 17% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFirst Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) trades at $97.38. The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that aims to mirror the performance of the Nasdaq-100 Ex-Tech Sector Index. Sector: Financials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for QQXT: QQXT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) Financial Services Profile
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) offers investors targeted exposure to the Nasdaq-100 index, excluding technology stocks, providing diversification within the financial services sector. With a market cap of $1.10 billion, QQXT presents a focused investment vehicle for those seeking non-tech exposure within the broader Nasdaq market.
What Is the Investment Thesis for QQXT?
QQXT presents an investment opportunity for investors seeking exposure to the Nasdaq-100 index while mitigating the concentration risk associated with technology stocks. With a market capitalization of $1.10 billion, QQXT offers a focused approach to investing in non-tech sectors within the Nasdaq. The fund's growth is tied to the performance of the non-technology components of the Nasdaq-100, offering diversification benefits. A key value driver is the potential for sectors like consumer discretionary and healthcare to outperform technology in certain economic cycles. However, the absence of dividend yield may deter some income-focused investors. The fund's beta of 0.83 suggests lower volatility compared to the overall market, potentially making it a noteworthy option for risk-averse investors.
Based on FMP financials and quantitative analysis
QQXT Key Highlights
Market Cap of $1.10B indicates substantial size and liquidity.
- Beta of 0.83 suggests lower volatility compared to the broader market.
- The fund provides targeted exposure to the Nasdaq-100 index, excluding technology stocks.
- No dividend yield may deter income-focused investors.
- The fund's performance is directly linked to the non-technology sectors within the Nasdaq-100.
Who Are QQXT's Competitors?
QQXT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CGGE Capital Group Global Equity ETF | $35.42 | +0.40% | $3.09B | — |
| CGIE Capital Group International Equity ETF | $36.80 | -0.03% | $2.30B | — |
| FBT First Trust NYSE Arca Biotechnology Index Fund | $264.97 | -2.20% | $1.65B | — |
| FVAL FIDELITY VALUE FACTOR ETF | $82.26 | +0.61% | $1.28B | — |
| GPIX Goldman Sachs S&P 500 Premium Income ETF | $56.44 | +0.39% | $1.18B | — |
| BLK BlackRock, Inc. | $1079.42 | +1.22% | $167B | 51 5-pillar |
| BX Blackstone Inc. | $113.36 | +1.54% | $137B | 66 5-pillar |
| APOS Apollo Global Management, Inc. | $25.60 | +0.04% | $74.9B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are QQXT's Key Strengths?
Targeted exposure to non-technology sectors within the NASDAQ-100.
- Diversification benefits for investors seeking to reduce technology concentration.
- Liquidity and transparency of an exchange-traded fund.
- Established track record of tracking the underlying index.
What Are QQXT's Weaknesses?
Lack of dividend yield may deter income-focused investors.
- Performance is dependent on the non-technology sectors of the NASDAQ-100.
- May underperform during periods of strong technology sector growth.
- Management fees can impact overall returns.
What Are the Key Risks for QQXT?
Underperformance during periods of strong technology sector growth.
- Economic downturns that negatively impact the NASDAQ-100.
- Competition from other ETFs and investment vehicles.
- Changes in investor sentiment towards non-technology sectors.
What Are QQXT's Competitive Advantages?
- Brand recognition of First Trust as an ETF provider.
- Established track record of tracking the NASDAQ-100 Ex-Tech Sector Index.
- Unique focus on non-technology sectors within the NASDAQ-100.
What Does QQXT Do?
The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund (ETF) designed to track the performance of the NASDAQ-100 Ex-Tech Sector Index. Launched with the aim of providing investors a way to participate in the growth of the NASDAQ-100 without the heavy weighting of technology stocks, QQXT offers a unique investment proposition. The fund allows investors to diversify their portfolios by focusing on sectors outside of technology within the NASDAQ-100. The fund's investment strategy involves holding stocks that constitute the NASDAQ-100 Ex-Tech Sector Index, seeking to replicate its price and yield performance before fees and expenses. By excluding technology companies, QQXT provides exposure to sectors such as consumer discretionary, healthcare, and financials, among others. This targeted approach can be attractive to investors who have specific sector preferences or want to manage their technology exposure separately. QQXT's market position is defined by its focus on providing a non-technology-centric investment option within the NASDAQ-100 universe. The fund's geographic reach is primarily focused on the U.S. equity market, reflecting the composition of the NASDAQ-100 index. As an ETF, QQXT offers liquidity and transparency, allowing investors to easily buy and sell shares on the open market. The fund competes with other ETFs that track the NASDAQ-100 or offer sector-specific exposure, but its unique ex-technology focus differentiates it from broader market ETFs.
What Products and Services Does QQXT Offer?
- Tracks the performance of the NASDAQ-100 Ex-Tech Sector Index.
- Provides investors with exposure to non-technology companies within the NASDAQ-100.
- Offers a way to diversify portfolios by excluding technology stocks.
- Replicates the price and yield performance of the underlying index.
- Allows investors to participate in the growth of the NASDAQ-100 without heavy technology weighting.
- Provides liquidity and transparency through exchange-traded shares.
How Does QQXT Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Aims to replicate the performance of the NASDAQ-100 Ex-Tech Sector Index.
- Offers a targeted investment strategy focused on non-technology sectors.
What Industry Does QQXT Operate In?
The asset management industry is characterized by a wide range of investment vehicles, including ETFs, mutual funds, and hedge funds. ETFs like QQXT have gained popularity due to their liquidity, transparency, and low cost. The competitive landscape includes both broad market ETFs and sector-specific funds. QQXT differentiates itself by offering a unique focus on the Nasdaq-100 index, excluding technology stocks. The growth of the ETF market is driven by increasing investor demand for passive investment strategies and diversification options. The industry is also influenced by regulatory changes, technological advancements, and evolving investor preferences.
Who Are QQXT's Key Customers?
- Retail investors seeking diversification.
- Institutional investors looking for targeted exposure.
- Financial advisors seeking investment solutions for clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
QQXT Financials
Bull Case vs Bear Case
Bull Case
- Targeted exposure to non-technology sectors within the NASDAQ-100.
- Diversification benefits for investors seeking to reduce technology concentration.
- Liquidity and transparency of an exchange-traded fund.
- Established track record of tracking the underlying index.
Bear Case
- Lack of dividend yield may deter income-focused investors.
- Performance is dependent on the non-technology sectors of the NASDAQ-100.
- May underperform during periods of strong technology sector growth.
- Management fees can impact overall returns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
QQXT Latest News
No recent news available for QQXT.
QQXT Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for QQXT.
Price Targets
Wall Street price target analysis for QQXT.
QQXT MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for QQXT; grades run from A+ (80-100) to F (below 30).
QQXT Financials Stock FAQ
What do analysts say about QQXT stock?
However, the fund's performance is closely tied to the performance of the non-technology sectors within the NASDAQ-100. Investors may want to evaluate the fund's expense ratio and its suitability for their investment objectives. Key valuation metrics to watch include the fund's net asset value (NAV) and its tracking error relative to the underlying index.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on available information and may be subject to change.