QTEC vs XSD: Holdings Overlap
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
XSDState Street® SPDR® S&P® Semiconductor ETF
State Street (SPDR) · 46 holdings · $2.9B · as of 2026-08-06
Holdings snapshots are 128 days apart (QTEC: 2026-03-31, XSD: 2026-08-06). 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 XSD?
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45 positions; State Street® SPDR® S&P® Semiconductor ETF (XSD, by State Street (SPDR)) holds 46. They have 12 holdings in common, and by portfolio weight the two funds are 26.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12QTEC holds 45 · XSD holds 46
- Weight in Shared Holdings
- QTEC 28%·XSD 29%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
33 of 45 positions (72.0% of the fund) are not held by XSD. Showing the top 30 by weight.
Sector Breakdown
| Sector | QTEC | XSD |
|---|---|---|
| Information Technology | 86.5% | 95.2% |
| Communication Services | 6.5% | 0.0% |
| Consumer Discretionary | 4.7% | 0.0% |
| Industrials | 2.2% | 1.8% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 2.9% |
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, 3% of XSD).
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% |
| XSD | +1.8% | +69.5% | +104.0% | +35.6% | +22.7% | +27.6% | 0.14% |
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 XSD →
Shared Holdings(12)
The top 10 shared positions account for 85% of the overlap, led by TXN, ADI and MPWR.
 TXNTexas Instruments Inc. COM | 2.40% | 2.53% | 2.40% |
|---|---|---|---|
 ADIAnalog Devices Inc. COM | 2.38% | 2.47% | 2.38% |
 MPWRMonolithic Power Systems Inc. COM | 2.36% | 2.37% | 2.36% |
 AMDAdvanced Micro Devices Inc. COM | 2.34% | 2.78% | 2.34% |
 NVDANVIDIA Corp. COM | 2.34% | 2.81% | 2.34% |
 INTCIntel Corporation COM | 2.33% | 2.39% | 2.33% |
 AVGOBroadcom Inc COM | 2.31% | 2.90% | 2.31% |
 MCHPMicrochip Technology Incorporated COM | 2.37% | 2.17% | 2.17% |
 QCOMQUALCOMM Inc. COM | 2.30% | 2.15% | 2.15% |
 MRVLMarvell Technology Inc COM | 2.61% | 2.14% | 2.14% |
 NXPINXP Semiconductors NV EUR0.20 | 2.38% | 2.08% | 2.08% |
 MUMicron Technology Inc. COM | 1.85% | 2.54% | 1.85% |
Frequently Asked Questions
How much do QTEC and XSD overlap?
QTEC and XSD overlap by 26.9% of portfolio weight. They share 12 holdings (QTEC holds 45 positions and XSD holds 46), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QTEC and XSD?
The two portfolios are 26.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of QTEC and XSD?
The largest positions held by both funds are TXN, ADI, MPWR, AMD and NVDA. Together the top 10 shared positions account for 85% of the total overlap.
What does QTEC own that XSD doesn't?
33 positions (72.0% of QTEC) are unique to QTEC, led by ARM, PDD and AAPL. In the other direction, 34 positions (70.7% of XSD) are unique to XSD.