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QQXT:NASDAQFirst Trust NASDAQ-100 Ex-Technology Sector Index Fund Analysis

Data as of 2026-09-03 - not real-time

$102.05

Latest Price

2/10Risk

Risk Level: Low

Executive Summary

First Trust NASDAQ-100 Ex-Technology Sector Index Fund trades at $102.05, with its short-term moving averages stacked above the longer-term ones — a bullish trend structure. It has gained 3.8% over the past 30 days. With RSI at 48.2 the momentum picture is neutral, alongside a bearish MACD signal. Price has been bracketed by support at $100.91 and resistance at $105.03.
The 0.57% expense ratio is middling for its category, and the fund manages $155.1M in assets.
On a 1-10 scale the risk profile lands at 2 — low. With 30-day volatility of 12.3%, a beta of 0.50 and a maximum drawdown of 7.8%, the drawdown profile is forgiving relative to most of the market. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.

Top Market Events

Launched on April 19, 2006, the First Trust NASDAQ-100-Technology Sector ETF QTEC is a passively managed exchange...Investing3yFirst Trust NASDAQ-100-Technology Sector Index Fund QTEC First Trust NASDAQ-100-Technology Sector Index Fund...

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 5/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 99.67
  • MACD momentum is negative

Medium Term

1–3 years
Neutral
Model confidence: 4/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 99.67
  • MACD momentum is negative

Long Term

> 3 years
Neutral
Model confidence: 3/10

Key Factors

  • Thin trading liquidity raises execution risk
  • Short-term moving averages stacked above long-term ones
  • 30-day volatility of 12.3%

Key Metrics & Analysis

Fund Metrics

Expense Ratio0.57%
AUM$155.1M
Inception Date2007-02-08
Avg Daily Volume2,250
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.23%

Technical Analysis

TrendBullish
RSI48.2
Support$100.91
Resistance$105.03
MA 20$103.22
MA 50$100.78
MA 200$99.67
MACDBearish
VolumeDecreasing
Fear & Greed Index94.29

Risk Assessment

Beta0.50
Volatility12.28%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.