QTEC vs XT: Holdings Overlap
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
XTiShares Future Exponential Technologies ETF
iShares · 219 holdings · $3.9B · as of 2026-04-30
Holdings snapshots are 30 days apart (QTEC: 2026-03-31, XT: 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 XT?
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45 positions; iShares Future Exponential Technologies ETF (XT, by iShares) holds 219. They have 23 holdings in common, and by portfolio weight the two funds are 21.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23QTEC holds 45 · XT holds 219
- Weight in Shared Holdings
- QTEC 51%·XT 31%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
22 of 45 positions (49.1% of the fund) are not held by XT.
Only in XT
196 of 219 positions (69.2% of the fund) are not held by QTEC. Showing the top 30 by weight.
Sector Breakdown
| Sector | QTEC | XT |
|---|---|---|
| Information Technology | 86.5% | 42.5% |
| Health Care | 0.0% | 23.2% |
| Industrials | 2.2% | 9.6% |
| Consumer Discretionary | 4.7% | 7.2% |
| Communication Services | 6.5% | 5.2% |
| Other Sectors | 0.0% | 10.1% |
| Unclassified | 0.0% | 2.1% |
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, 2% of XT).
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% |
| XT | +1.0% | +19.3% | +36.3% | +17.3% | +7.2% | +14.1% | 6.87% |
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 XT →
Shared Holdings(23)
The top 10 shared positions account for 83% of the overlap, led by TXN, ADI and NVDA.
 TXNTexas Instruments Inc. COM | 2.40% | 5.04% | 2.40% |
|---|---|---|---|
 ADIAnalog Devices Inc. COM | 2.38% | 3.99% | 2.38% |
 NVDANVIDIA Corp. COM | 2.34% | 4.01% | 2.34% |
 MSFTMicrosoft Corp. COM | 2.24% | 3.61% | 2.24% |
 AVGOBroadcom Inc COM | 2.31% | 2.23% | 2.23% |
 METAMeta Platforms, Inc., Class A | 2.23% | 1.66% | 1.66% |
 NXPINXP Semiconductors NV EUR0.20 | 2.38% | 1.43% | 1.43% |
 PANWPalo Alto Networks Inc COM | 2.28% | 1.29% | 1.29% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.11% | 2.83% | 1.11% |
 CRWDCrowdstrike Holdings, Inc., Class A | 2.21% | 0.92% | 0.92% |
 MUMicron Technology Inc. COM | 1.85% | 0.77% | 0.77% |
 AMDAdvanced Micro Devices Inc. COM | 2.34% | 0.71% | 0.71% |
 FTNTFortinet Inc COM | 2.32% | 0.50% | 0.50% |
 PLTRPalantir Technologies, Inc., Class A | 2.25% | 0.33% | 0.33% |
 MPWRMonolithic Power Systems Inc. COM | 2.36% | 0.24% | 0.24% |
 STXSeagate Technology Holdings PLC ORD SHS | 2.21% | 0.20% | 0.20% |
 WDCWestern Digital Corp. COM | 2.14% | 0.19% | 0.19% |
 MRVLMarvell Technology Inc COM | 2.61% | 0.16% | 0.16% |
 ZSZscaler Inc COM | 2.14% | 0.12% | 0.12% |
 CDNSCadence Design Systems, Inc. COM | 2.27% | 0.11% | 0.11% |
 SNPSSynopsys Inc COM | 2.18% | 0.11% | 0.11% |
 APPApplovin Corp. COM CL A | 2.08% | 0.10% | 0.10% |
 WDAYWorkday, Inc., Class A | 2.21% | 0.03% | 0.03% |
Frequently Asked Questions
How much do QTEC and XT overlap?
QTEC and XT overlap by 21.6% of portfolio weight. They share 23 holdings (QTEC holds 45 positions and XT holds 219), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QTEC and XT?
The two portfolios are 21.6% 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 XT?
The largest positions held by both funds are TXN, ADI, NVDA, MSFT and AVGO. Together the top 10 shared positions account for 83% of the total overlap.
What does QTEC own that XT doesn't?
22 positions (49.1% of QTEC) are unique to QTEC, led by ARM, PDD and MCHP. In the other direction, 196 positions (69.2% of XT) are unique to XT.