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ETFs

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXT
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Today’s Change
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Snapshot
*

Inception Date
Feb 8, 2007
Expense Ratio
0.6%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$1,175,645
AUM
$170,415,162
Associated Index
NASDAQ-100 Ex-Tech Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XEL
Xcel Energy, Inc.
1.69%
SGEN
Seagen Inc
1.68%
AMGN
AMGEN Inc.
1.68%
KHC
Kraft Heinz Co
1.67%
ORLY
O`Reilly Automotive, Inc.
1.65%
CSX
CSX Corp.
1.65%
BIIB
Biogen Inc
1.65%
SIRI
Sirius XM Holdings Inc
1.65%
COST
Costco Wholesale Corp
1.64%
CEG
Constellation Energy Corporation
1.64%
Invest with QQXT
Trade QQXT Options

What is QQXT?

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ-100 Ex-Tech Sector Index.

1M
3M
6M
YTD
1Y
3Y
Max
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QQXT
Performance Measures**

for the time period Feb 15, 2007 to Dec 5, 2025

Returns

1M Trailing Return: 2.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -57.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 20.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.55

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.17

The annualized return divided by the max drawdown for the selected time period.

ETFs related toQQXT

ETFs correlated to QQXT include EUSA, SIZE, QQEW

QQXT
First Trust Exchange-Traded Fund III - First Trust Nasdaq-100 Ex-Technology Sector Index Fund
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
VTHR
Vanguard Group, Inc. - Vanguard Russell 3000 Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toQQXT

NOVA | Long John Bond ETFifier | Anansi Mods v1.5

Category

Tactical allocation, leveraged ETFs, inverse ETFs, volatility hedge, bond-equity rotation, mean reversion, momentum, managed futures, sector rotation, daily rebalance

OOS Cumulative Return

155.16%

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

96.99%

Create your own algorithmic trading strategy with QQXT using Composer

FAQ

QQXT is a US Equities ETF. The First Trust NASDAQ-100 Ex-Technology Sector Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ-100 Ex-Tech Sector Index.

QQXT tracks the NASDAQ-100 Ex-Tech Sector Index.

No, QQXT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QQXT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QQXT is -0.014%. This is the percent change in the value of QQXT over the most recent 1-month period. The 3-month return on QQXT is -0.0106%. This is the percent change in the value of QQXT over the most recent 3-month period.

The standard deviation of QQXT for the past year is 0.1781%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QQXT include IVV, MDY, and IJR.

ETFs correlated to QQXT include EUSA, SIZE, and QQEW.

ETFs that are inversely correlated to QQXT include SPXS, SDS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.