QTEC vs VGT: Holdings Overlap
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
VGTVanguard Information Technology Index Fund
Vanguard · 317 holdings · $147.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (QTEC: 2026-03-31, VGT: 2026-05-31). 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 VGT?
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45 positions; Vanguard Information Technology Index Fund (VGT, by Vanguard) holds 317. They have 36 holdings in common, and by portfolio weight the two funds are 32.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 36QTEC holds 45 · VGT holds 317
- Weight in Shared Holdings
- QTEC 81%·VGT 72%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
9 of 45 positions (18.7% of the fund) are not held by VGT.
Only in VGT
281 of 317 positions (28.0% of the fund) are not held by QTEC. Showing the top 30 by weight.
Sector Breakdown
| Sector | QTEC | VGT |
|---|---|---|
| Information Technology | 86.5% | 99.0% |
| Communication Services | 6.5% | 0.6% |
| Consumer Discretionary | 4.7% | 0.1% |
| Industrials | 2.2% | 0.1% |
| Financials | 0.0% | 0.1% |
| 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% |
| VGT | +6.5% | +29.2% | +40.8% | +31.3% | +19.3% | +24.7% | 0.36% |
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 VGT →
Shared Holdings(36)
The top 10 shared positions account for 60% of the overlap, led by AAPL, AMD and NVDA.
 AAPLApple Inc. COM | 2.37% | 14.57% | 2.37% |
|---|---|---|---|
 AMDAdvanced Micro Devices Inc. COM | 2.34% | 3.21% | 2.34% |
 NVDANVIDIA Corp. COM | 2.34% | 16.82% | 2.34% |
 AVGOBroadcom Inc COM | 2.31% | 4.21% | 2.31% |
 MSFTMicrosoft Corp. COM | 2.24% | 9.46% | 2.24% |
 INTCIntel Corporation COM | 2.33% | 2.03% | 2.03% |
 MUMicron Technology Inc. COM | 1.85% | 4.20% | 1.85% |
 LRCXLam Research Corporation COM NEW | 2.17% | 1.56% | 1.56% |
 AMATApplied Materials Inc. COM | 2.22% | 1.40% | 1.40% |
 PLTRPalantir Technologies, Inc., Class A | 2.25% | 1.35% | 1.35% |
 TXNTexas Instruments Inc. COM | 2.40% | 1.11% | 1.11% |
 QCOMQUALCOMM Inc. COM | 2.30% | 1.09% | 1.09% |
 KLACKLA Corp. COM NEW | 2.27% | 1.00% | 1.00% |
 PANWPalo Alto Networks Inc COM | 2.28% | 0.92% | 0.92% |
 ADIAnalog Devices Inc. COM | 2.38% | 0.82% | 0.82% |
 STXSeagate Technology Holdings PLC ORD SHS | 2.21% | 0.80% | 0.80% |
 WDCWestern Digital Corp. COM | 2.14% | 0.76% | 0.76% |
 CRWDCrowdstrike Holdings, Inc., Class A | 2.21% | 0.75% | 0.75% |
 MRVLMarvell Technology Inc COM | 2.61% | 0.72% | 0.72% |
 APPApplovin Corp. COM CL A | 2.08% | 0.58% | 0.58% |
 ADBEAdobe Inc COM | 2.27% | 0.45% | 0.45% |
 CDNSCadence Design Systems, Inc. COM | 2.27% | 0.44% | 0.44% |
 FTNTFortinet Inc COM | 2.32% | 0.42% | 0.42% |
 SNPSSynopsys Inc COM | 2.18% | 0.39% | 0.39% |
 NXPINXP Semiconductors NV EUR0.20 | 2.38% | 0.38% | 0.38% |
Frequently Asked Questions
How much do QTEC and VGT overlap?
QTEC and VGT overlap by 32.8% of portfolio weight. They share 36 holdings (QTEC holds 45 positions and VGT holds 317), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QTEC and VGT?
The two portfolios are 32.8% 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 VGT?
The largest positions held by both funds are AAPL, AMD, NVDA, AVGO and MSFT. Together the top 10 shared positions account for 60% of the total overlap.
What does QTEC own that VGT doesn't?
9 positions (18.7% of QTEC) are unique to QTEC, led by ARM, PDD and SHOP. In the other direction, 281 positions (28.0% of VGT) are unique to VGT.