QTEC vs RSPT: Holdings Overlap
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
RSPTInvesco S&P 500 Equal Weight Technology ETF
Invesco · 73 holdings · $5.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (QTEC: 2026-03-31, RSPT: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are QTEC and RSPT?
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45 positions; Invesco S&P 500 Equal Weight Technology ETF (RSPT, by Invesco) holds 73. They have 32 holdings in common, and by portfolio weight the two funds are 45.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32QTEC holds 45 · RSPT holds 73
- Weight in Shared Holdings
- QTEC 72%·RSPT 46%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in QTEC
13 of 45 positions (27.7% of the fund) are not held by RSPT.
Sector Breakdown
| Sector | QTEC | RSPT |
|---|---|---|
| Information Technology | 86.5% | 98.7% |
| Communication Services | 6.5% | 1.2% |
| Consumer Discretionary | 4.7% | 0.0% |
| Industrials | 2.2% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| QTEC | +1.7% | +37.5% | +49.6% | +28.1% | +14.1% | +21.4% | 0.01% |
| RSPT | +5.6% | +42.3% | +59.3% | +30.5% | +17.0% | +21.3% | 0.25% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in QTEC vs RSPT →
Shared Holdings(32)
The top 10 shared positions account for 40% of the overlap, led by INTC, STX and AMD.
 INTCIntel Corporation COM | 2.33% | 2.34% | 2.33% |
|---|---|---|---|
 STXSeagate Technology Holdings PLC ORD SHS | 2.21% | 2.08% | 2.08% |
 AMDAdvanced Micro Devices Inc. COM | 2.34% | 2.06% | 2.06% |
 WDCWestern Digital Corp. COM | 2.14% | 1.93% | 1.93% |
 MPWRMonolithic Power Systems Inc. COM | 2.36% | 1.80% | 1.80% |
 NXPINXP Semiconductors NV COM | 2.38% | 1.75% | 1.75% |
 TXNTexas Instruments Inc. COM | 2.40% | 1.69% | 1.69% |
 MCHPMicrochip Technology Incorporated COM | 2.37% | 1.68% | 1.68% |
 QCOMQUALCOMM Inc. COM | 2.30% | 1.59% | 1.59% |
 ADIAnalog Devices Inc. COM | 2.38% | 1.50% | 1.50% |
 MUMicron Technology Inc. COM | 1.85% | 1.47% | 1.47% |
 AVGOBroadcom Inc COM | 2.31% | 1.45% | 1.45% |
 KLACKLA Corp. COM NEW | 2.27% | 1.43% | 1.43% |
 LRCXLam Research Corporation COM NEW | 2.17% | 1.40% | 1.40% |
 AMATApplied Materials Inc. COM | 2.22% | 1.34% | 1.34% |
 CDNSCadence Design Systems, Inc. COM | 2.27% | 1.33% | 1.33% |
 SNPSSynopsys Inc COM | 2.18% | 1.33% | 1.33% |
 PANWPalo Alto Networks Inc COM | 2.28% | 1.29% | 1.29% |
 NVDANVIDIA Corp. COM | 2.34% | 1.28% | 1.28% |
 AAPLApple Inc. COM | 2.37% | 1.24% | 1.24% |
 DDOGDatadog, Inc., Class A | 2.19% | 1.23% | 1.23% |
 FTNTFortinet Inc COM | 2.32% | 1.20% | 1.20% |
 ROPRoper Technologies Inc COM | 2.32% | 1.20% | 1.20% |
 MSFTMicrosoft Corp. COM | 2.24% | 1.20% | 1.20% |
 CRWDCrowdStrike Holdings, Inc., Class A | 2.21% | 1.20% | 1.20% |
Frequently Asked Questions
How much do QTEC and RSPT overlap?
QTEC and RSPT overlap by 45.5% of portfolio weight. They share 32 holdings (QTEC holds 45 positions and RSPT holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QTEC and RSPT?
The two portfolios are 45.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of QTEC and RSPT?
The largest positions held by both funds are INTC, STX, AMD, WDC and MPWR. Together the top 10 shared positions account for 40% of the total overlap.
What does QTEC own that RSPT doesn't?
13 positions (27.7% of QTEC) are unique to QTEC, led by ARM, MRVL and PDD. In the other direction, 41 positions (54.3% of RSPT) are unique to RSPT.