QTEC vs SOXX: Holdings Overlap
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
iShares · 30 holdings · $47.6B · as of 2026-03-31
How similar are QTEC and SOXX?
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45 positions; iShares Semiconductor ETF (SOXX, by iShares) holds 30. They have 17 holdings in common, and by portfolio weight the two funds are 37.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17QTEC holds 45 · SOXX holds 30
- Weight in Shared Holdings
- QTEC 40%·SOXX 80%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
28 of 45 positions (60.4% of the fund) are not held by SOXX.
Sector Breakdown
| Sector | QTEC | SOXX |
|---|---|---|
| Information Technology | 86.5% | 98.6% |
| Communication Services | 6.5% | 0.0% |
| Consumer Discretionary | 4.7% | 0.0% |
| Industrials | 2.2% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 1.2% |
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. “Unclassified” is weight we could not classify (0% of QTEC, 1% of SOXX).
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% |
| SOXX | -1.5% | +80.6% | +126.6% | +47.5% | +29.5% | +32.9% | 0.27% |
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 SOXX →
Shared Holdings(17)
The top 10 shared positions account for 64% of the overlap, led by MRVL, TXN and NXPI.
 MRVLMarvell Technology Inc COM | 2.61% | 5.17% | 2.61% |
|---|---|---|---|
 TXNTexas Instruments Inc. COM | 2.40% | 3.91% | 2.40% |
 NXPINXP Semiconductors NV COM | 2.38% | 3.70% | 2.38% |
 ADIAnalog Devices Inc. COM | 2.38% | 3.82% | 2.38% |
 MCHPMicrochip Technology Incorporated COM | 2.37% | 3.02% | 2.37% |
 MPWRMonolithic Power Systems Inc. COM | 2.36% | 4.08% | 2.36% |
 AMDAdvanced Micro Devices Inc. COM | 2.34% | 6.47% | 2.34% |
 NVDANVIDIA Corp. COM | 2.34% | 8.40% | 2.34% |
 INTCIntel Corporation COM | 2.33% | 4.13% | 2.33% |
 ASMLASML Holding N.V. N Y REGISTRY SHS | 2.32% | 3.56% | 2.32% |
 AVGOBroadcom Inc COM | 2.31% | 8.27% | 2.31% |
 QCOMQUALCOMM Inc. COM | 2.30% | 3.86% | 2.30% |
 KLACKLA Corp. COM NEW | 2.27% | 4.12% | 2.27% |
 AMATApplied Materials Inc. COM | 2.22% | 5.84% | 2.22% |
 LRCXLam Research Corporation COM NEW | 2.17% | 3.90% | 2.17% |
 MUMicron Technology Inc. COM | 1.85% | 6.99% | 1.85% |
 ARMArm Holdings PLC SPONSORED ADS | 2.65% | 0.57% | 0.57% |
Frequently Asked Questions
How much do QTEC and SOXX overlap?
QTEC and SOXX overlap by 37.5% of portfolio weight. They share 17 holdings (QTEC holds 45 positions and SOXX holds 30), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QTEC and SOXX?
The two portfolios are 37.5% 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 SOXX?
The largest positions held by both funds are MRVL, TXN, NXPI, ADI and MCHP. Together the top 10 shared positions account for 64% of the total overlap.
What does QTEC own that SOXX doesn't?
28 positions (60.4% of QTEC) are unique to QTEC, led by PDD, AAPL and SHOP. In the other direction, 13 positions (20.1% of SOXX) are unique to SOXX.