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a day ago
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Is First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) a Strong ETF Right Now?
The First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) was launched on 02/08/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. Managed by First Trust Advisors, QQXT has amassed assets over $1.09 billion, making it one of the average sized ETFs in the Style Box - Large Cap Growth. This particular fund, before fees and expenses, seeks to match the performance of the NASDAQ-100 Ex-Tech Sector Index. The NASDAQ-100 Ex-Tech Sector Index is an equal-weighted index based on the securities of the NASDAQ-100 Index that are not classified as technology and, as a result, is a subset of the NASDAQ-100 Index. The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on NASDAQ based on market capitalization. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Operating expenses on an annual basis are 0.60% for QQXT, making it one of the more expensive products in the space. The fund has a 12-month trailing dividend yield of 0.85%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Industrials sector - about 19.9% of the portfolio. Healthcare and Consumer Discretionary round out the top three. Looking at individual holdings, Netflix, Inc. (NFLX) accounts for about 2.13% of total assets, followed by Tesla, Inc. (TSLA) and Copart, Inc. (CPRT). The top 10 holdings account for about 20.04% of total assets under management. Year-to-date, the First Trust NASDAQ-100 Ex-Technology Sector ETF has added about 3.67% so far, and is up roughly 9.74% over the last 12 months (as of 06/20/2025). QQXT has traded between $84.34 and $99.49 in this past 52-week period. QQXT has a beta of 0.94 and standard deviation of 16.46% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 57 holdings, it effectively diversifies company-specific risk . First Trust NASDAQ-100 Ex-Technology Sector ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Growth ETF (VUG) tracks CRSP U.S. Large Cap Growth Index and the Invesco QQQ (QQQ) tracks NASDAQ-100 Index. Vanguard Growth ETF has $167.44 billion in assets, Invesco QQQ has $338.42 billion. VUG has an expense ratio of 0.04% and QQQ changes 0.20%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Growth To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
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2 days ago
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Should First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) Be on Your Investing Radar?
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT), a passively managed exchange traded fund launched on 02/08/2007. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.09 billion, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market. Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Further, growth stocks have a higher level of volatility associated with them. Compared to value stocks, growth stocks are a safer bet in a strong bull market, but don't perform as strongly in almost all other financial environments. Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.60%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 0.85%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector--about 20% of the portfolio. Healthcare and Consumer Discretionary round out the top three. Looking at individual holdings, Netflix, Inc. (NFLX) accounts for about 2.13% of total assets, followed by Tesla, Inc. (TSLA) and Copart, Inc. (CPRT). The top 10 holdings account for about 20.04% of total assets under management. QQXT seeks to match the performance of the NASDAQ-100 Ex-Tech Sector Index before fees and expenses. The NASDAQ-100 Ex-Tech Sector Index is an equal-weighted index based on the securities of the NASDAQ-100 Index that are not classified as technology and, as a result, is a subset of the NASDAQ-100 Index. The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on NASDAQ based on market capitalization. The ETF return is roughly 3.67% so far this year and is up about 9.74% in the last one year (as of 06/19/2025). In the past 52-week period, it has traded between $84.34 and $99.49. The ETF has a beta of 0.94 and standard deviation of 16.47% for the trailing three-year period, making it a medium risk choice in the space. With about 57 holdings, it effectively diversifies company-specific risk. First Trust NASDAQ-100 Ex-Technology Sector ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, QQXT is a reasonable option for those seeking exposure to the Style Box - Large Cap Growth area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Growth ETF (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Growth ETF has $167.44 billion in assets, Invesco QQQ has $339.37 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT): ETF Research Reports Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
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4 days ago
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Is First Trust Dow Jones Global Select Dividend ETF (FGD) a Strong ETF Right Now?
The First Trust Dow Jones Global Select Dividend ETF (FGD) was launched on 11/21/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Foreign Large Value ETF category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. The fund is managed by First Trust Advisors, and has been able to amass over $763.81 million, which makes it one of the average sized ETFs in the Foreign Large Value ETF. This particular fund, before fees and expenses, seeks to match the performance of the Dow Jones Global Select Dividend Index. The Dow Jones Global Select Dividend Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed-market portion of the Dow Jones World Index. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.56%, making it on par with most peer products in the space. The fund has a 12-month trailing dividend yield of 5.12%. Most ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings. Taking into account individual holdings, Enagas S.a. ( accounts for about 1.95% of the fund's total assets, followed by Phoenix Group Holdings Plc ( and Spark New Zealand Limited ( FGD's top 10 holdings account for about 15.12% of its total assets under management. The ETF has gained about 23.99% so far this year and was up about 28.85% in the last one year (as of 06/17/2025). In the past 52-week period, it has traded between $21.80 and $27.47. The fund has a beta of 0.74 and standard deviation of 15.21% for the trailing three-year period, which makes FGD a low risk choice in this particular space. With about 110 holdings, it effectively diversifies company-specific risk. First Trust Dow Jones Global Select Dividend ETF is a reasonable option for investors seeking to outperform the Foreign Large Value ETF segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard International High Dividend Yield ETF (VYMI) tracks FTSE All-World ex US High Dividend Yield Index and the Schwab Fundamental International Equity ETF (FNDF) tracks Russell RAFI Developed ex US Large Co. Index (Net). Vanguard International High Dividend Yield ETF has $10.57 billion in assets, Schwab Fundamental International Equity ETF has $16.21 billion. VYMI has an expense ratio of 0.17% and FNDF charges 0.25%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Foreign Large Value ETF. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Dow Jones Global Select Dividend ETF (FGD): ETF Research Reports Vanguard International High Dividend Yield ETF (VYMI): ETF Research Reports Schwab Fundamental International Equity ETF (FNDF): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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5 days ago
- Business
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Should First Trust Mid Cap Core AlphaDEX ETF (FNX) Be on Your Investing Radar?
Launched on 05/08/2007, the First Trust Mid Cap Core AlphaDEX ETF (FNX) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.11 billion, making it one of the average sized ETFs attempting to match the Mid Cap Blend segment of the US equity market. Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don't, including less risk and higher growth opportunities. Thus they have a nice balance of growth potential and stability. Blend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.58%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 1.39%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Financials sector--about 20.30% of the portfolio. Consumer Discretionary and Industrials round out the top three. Looking at individual holdings, Hims & Hers Health, Inc. (HIMS) accounts for about 0.51% of total assets, followed by Leonardo Drs, Inc. (DRS) and Duolingo, Inc. (DUOL). The top 10 holdings account for about 4.48% of total assets under management. FNX seeks to match the performance of the Nasdaq AlphaDEX Mid Cap Core Index before fees and expenses. The NASDAQ AlphaDEX Mid Cap Core Index is an enhanced index which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 600 Mid Cap Index. The ETF has lost about -3.30% so far this year and it's up approximately 4.26% in the last one year (as of 06/16/2025). In the past 52-week period, it has traded between $94.92 and $127.28. The ETF has a beta of 1.10 and standard deviation of 21.11% for the trailing three-year period, making it a medium risk choice in the space. With about 451 holdings, it effectively diversifies company-specific risk. First Trust Mid Cap Core AlphaDEX ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FNX is a reasonable option for those seeking exposure to the Style Box - Mid Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH) track a similar index. While Vanguard Mid-Cap ETF has $79.98 billion in assets, iShares Core S&P Mid-Cap ETF has $91.94 billion. VO has an expense ratio of 0.04% and IJH charges 0.05%. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Mid Cap Core AlphaDEX ETF (FNX): ETF Research Reports iShares Core S&P Mid-Cap ETF (IJH): ETF Research Reports Vanguard Mid-Cap ETF (VO): ETF Research Reports Hims & Hers Health, Inc. (HIMS) : Free Stock Analysis Report Duolingo, Inc. (DUOL) : Free Stock Analysis Report Leonardo DRS, Inc. (DRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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13-06-2025
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Is First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) a Strong ETF Right Now?
Launched on 11/01/2017, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Value category of the market. Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. The fund is sponsored by First Trust Advisors. It has amassed assets over $8.04 billion, making it one of the larger ETFs in the Style Box - Mid Cap Value. SDVY, before fees and expenses, seeks to match the performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers Index. The NASDAQ US Small Mid Cap Rising Dividend Achievers Index is composed of the securities of 100 small and mid-cap companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. Operating expenses on an annual basis are 0.59% for SDVY, making it one of the most expensive products in the space. It's 12-month trailing dividend yield comes in at 2.06%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. For SDVY, it has heaviest allocation in the Financials sector --about 32.60% of the portfolio --while Industrials and Consumer Discretionary round out the top three. Looking at individual holdings, Interdigital, Inc. (IDCC) accounts for about 1.15% of total assets, followed by Perdoceo Education Corporation (PRDO) and Paycom Software, Inc. (PAYC). SDVY's top 10 holdings account for about 10.32% of its total assets under management. So far this year, SDVY has lost about -2.21%, and is up roughly 5.80% in the last one year (as of 06/13/2025). During this past 52-week period, the fund has traded between $29.52 and $40.33. The ETF has a beta of 1.10 and standard deviation of 21.93% for the trailing three-year period. With about 190 holdings, it effectively diversifies company-specific risk. First Trust SMID Cap Rising Dividend Achievers ETF is a reasonable option for investors seeking to outperform the Style Box - Mid Cap Value segment of the market. However, there are other ETFs in the space which investors could consider. IShares Russell Mid-Cap Value ETF (IWS) tracks Russell MidCap Value Index and the Vanguard Mid-Cap Value ETF (VOE) tracks CRSP U.S. Mid Cap Value Index. IShares Russell Mid-Cap Value ETF has $13.15 billion in assets, Vanguard Mid-Cap Value ETF has $17.70 billion. IWS has an expense ratio of 0.23% and VOE charges 0.07%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Mid Cap Value. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust SMID Cap Rising Dividend Achievers ETF (SDVY): ETF Research Reports InterDigital, Inc. (IDCC) : Free Stock Analysis Report Paycom Software, Inc. (PAYC) : Free Stock Analysis Report Vanguard Mid-Cap Value ETF (VOE): ETF Research Reports iShares Russell Mid-Cap Value ETF (IWS): ETF Research Reports Perdoceo Education Corporation (PRDO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
