Zacks Investment Research
Should You Invest in the First Trust NASDAQ-100-Technology Sector ETF (QTEC)?
QTEC, a passively managed technology sector ETF with $4.49 billion in assets, has delivered strong year-to-date returns of 33.01% and one-year returns of 29.25%. However, it carries higher risk with a beta of 1.43 and 27.05% standard deviation. The fund holds a Zacks ETF Rank of 1 (Strong Buy) but investors should consider lower-cost alternatives like XLK and VGT.
