QTEC:NASDAQFirst Trust NASDAQ-100-Technology Sector Index Fund Analysis
Data as of 2026-09-07 - not real-time
$312.25
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
At $312.25, First Trust NASDAQ-100-Technology Sector Index Fund shows a bullish moving-average alignment, with shorter averages sitting above longer ones. The last 30 days have gained 5.8%. Relative strength is 49.4 — neutral — and the MACD signal is bearish. The recent range runs from support at $304.26 up to resistance at $329.04.
The 0.55% expense ratio is middling for its category, and the fund manages $4.73B in assets.
On a 1-10 scale the risk profile lands at 6 — elevated. With 30-day volatility of 29.6%, a beta of 1.88 and a maximum drawdown of 16.0%, position sizing matters here. The wider market backdrop reads extreme greed at 95 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.
The 0.55% expense ratio is middling for its category, and the fund manages $4.73B in assets.
On a 1-10 scale the risk profile lands at 6 — elevated. With 30-day volatility of 29.6%, a beta of 1.88 and a maximum drawdown of 16.0%, position sizing matters here. The wider market backdrop reads extreme greed at 95 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...Seeking Alpha20dQTEC: Technology Sector Dashboard For AugustThis article provides a top-down analysis of the...
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 266.38
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 266.38
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Beta of 1.88 versus the benchmark
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 29.6%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.55%
AUM$4.7B
Inception Date2006-04-19
Avg Daily Volume115,250
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.01%
Technical Analysis
TrendBullish
RSI49.4
Support$304.26
Resistance$329.04
MA 20$315.72
MA 50$312.35
MA 200$266.38
MACDBearish
VolumeDecreasing
Fear & Greed Index95.48
Risk Assessment
Beta1.88
Volatility29.61%
Sector RiskMedium
Currency RiskLow
Liquidity RiskLow
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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.