First Trust NASDAQ-100 Ex-Technology Sector Index Fund
QQXT
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- May 7, 2007
- CIK
- 0001329377
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before the fund's fees and expenses, of the NASDAQ-100 Ex-Tech Sector Index. The fund provides equal-weighted exposure to approximately 56 large-cap non-technology companies selected from the NASDAQ-100 Index, which comprises 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market; holdings span sectors including consumer discretionary (e.g., Amazon.com, Inc., Booking Holdings Inc., lululemon athletica inc.), health care (e.g., Vertex Pharmaceuticals Incorporated, Regeneron Pharmaceuticals, Inc., DexCom, Inc.), industrials (e.g., PACCAR Inc, Honeywell International Inc., Old Dominion Freight Line, Inc.), consumer staples (e.g., PepsiCo, Inc., The Kraft Heinz Company), telecommunications (e.g., T-Mobile US, Inc., Comcast Corporation), utilities (e.g., American Electric Power Company, Inc., Constellation Energy Corporation), and others such as energy and basic materials. It employs a passive management strategy, with quarterly rebalancing to maintain equal weighting, a net expense ratio of 0.60%, and shares traded on the NASDAQ exchange. Launched on February 8, 2007, the fund is managed by First Trust Advisors L.P., with headquarters in Wheaton, Illinois, and operates primarily in the United States market, targeting investors seeking diversified large-cap equity exposure excluding technology sector dominance. In recent developments, assets under management have grown significantly to over $1.1 billion as of late 2025, reflecting strong inflows of approximately $865 million over the past year amid investor interest in non-tech NASDAQ diversification. Institutional holders such as Nilsine Partners, LLC increased their stakes by 61,385 shares (valued at about $6.07 million) in Q3 2025, bringing their position to 184,961 shares, while others including First Trust Advisors, Wells Fargo, and Morgan Stanley added substantial investments totaling hundreds of millions. The fund continues quarterly distributions, with the latest ex-dividend date in September 2025, and maintains stable operations under its longstanding advisory team led by managers like Roger Testin and Daniel Lindquist since inception.