Is First Trust NASDAQ-100-Technology Sector ETF (QTEC) a Strong ETF Right Now?

Published on 29 May 2024 on Zacks via Yahoo Finance

Is First Trust NASDAQ-100-Technology Sector ETF (QTEC) a Strong ETF Right Now?

A smart beta exchange traded fund, the First Trust NASDAQ-100-Technology Sector ETF (QTEC) debuted on 04/19/2006, and offers broad exposure to the Technology ETFs category of the market.

What Are Smart Beta ETFs?

For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.

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